Clifford Chance LLP provides a one-stop-shop service, covering both contentious and non-contentious matters. It advises on a broad array of regulatory issues, including financial regulatory, anti-money laundering, anticorruption, sanctions, export control, data privacy, and cybersecurity. It regularly handles overseas regulatory and compliance matters for Chinese financial institutions and corporations, as well as advising global banks, funds and multinational conglomerates on their China-related matters. The team is co-headed by Terry Yang, who splits his time between Shanghai and Hong Kong, and Lei Shi, who is based across the Shanghai and Beijing office. Yang has significant expertise advising both Chinese and international banks and fund managers in regulatory matters, whilst Shi specialises in anti-bribery, corruption, sanctions, and export control matters across a range of industries.

Kirkland & Ellis International LLP offers a strong regulatory and compliance practice, with the team handling a range of government and corporate investigations, anti-corruption matters, enforcement actions, civil litigation, and related compliance advice, acting primarily for MNCs, private equity companies, and financial institutions. It also has strong international capabilities, with the team regularly acting on multi-jurisdictional cases both across Asia and further afield, including in the UK and US. Cori Lable and Tiana Zhang co-lead the team from Hong Kong and Shanghai, respectively. Lable specialises in anti-corruption, anti-money laundering, sanctions compliance, and securities laws mandates, whilst Zhang is recognised as a go-to partner for US-China cross-border crisis management matters, including on financial fraud investigations. Jodi Wu and Shanghai-based Yue Qiu are noted for their expertise in government enforcement and internal investigation matters.

White & Case LLP has a dedicated regulatory compliance team, offering comprehensive advice on regulatory and criminal enforcement matters, as well as investigations and related civil claims. It primarily acts for multinational clients with operations in China, as well as for Chinese clients with operations abroad. The team also has strong capabilities in acting on cross-border parallel investigation proceedings. Bingna Guo leads the group from Beijing and has extensive experience in cross-border and domestic internal investigations and compliance matters, with particular expertise on US-related mandates, and is regularly involved in anti-corruption, fraud, embezzlement, and conflicts of interest investigations. Also notable is Hong Kong-based James Hsiao who focuses on international anti-corruption investigations, regulatory and compliance matters, and cross-border dispute resolution.

DLA Piper has a dedicated regulatory and investigations team, focusing primarily on compliance reviews, regulatory advice, and internal and regulatory investigations for both international and China-based MNCs. Due to the firm’s wide global network, it also has a strong focus on cross-border mandates. Whilst it has a busy practice handling traditional white-collar crime, internal fraud, anti-bribery, and anti-corruption investigations, it also has a growing practice in relation to cybercrime-related reviews and investigations in recent years. The team is co-led by Sammy Fang and Nathan Bush from Hong Kong and Singapore, respectively. Also notable is Christine Liu whose practice focuses on corporate investigations and compliance.

Latham & Watkins LLP advises MNCs and financial institutions on a range matters, with the team regularly conducting internal investigations and risk assessments for clients related to the FCPA, Chinese commercial bribery laws, as well as other anti-bribery regulations. It is also particularly adept at advising US-listed companies operating in China. It has strong on the ground expertise, with practice head Hui Xu splitting his time between Beijing and Shanghai. Xu has rich experience handling multi-jurisdictional investigations involving FCPA and Chinese bribery laws. Meanwhile, senior associate Sean Wu is experienced in a range of regulatory and compliance mandates, including government investigations, internal investigations, and compliance programs.

The regulatory and compliance offering at Morgan Lewis & Bockius LLP handles a broad array of anti-corruption and regulatory compliance mandates, including conducting investigations of alleged employee and third-party malfeasance after the fact. The leadership teams consists of Lesli Ligorner and Todd Liao in Shanghai, alongside Charles Mo in Hong Kong. Ligorner has extensive experience in corporate investigations, FCPA and local anti-corruption compliance, and discrimination policies, which is closely tied to her employment practice. Liao is particularly adept at advising clients on anti-corruption matters and cross-border corporate transactions, whilst Mo has significant expertise in securities and white collar crime mandates.

Based out of Shanghai, Norton Rose Fulbright offers a solid regulatory and compliance practice with on the ground expertise. It handles a variety of matters, ranging from internal investigations and compliance advice to anti-corruption due diligence and audits. It also has cross-border capabilities, advising on domestic issues as well as foreign laws and regulations applicable to operations in China. Hong Sun heads the team, with significant experience advising banking clients on regulatory risks, as well as in corporate regulatory and compliance investigation matters. Ai Tong is also notable for her expertise in handling transactions and regulatory matters involving foreign investments in China by foreign financial institutions.

The anti-corruption and international risk department at Ropes & Gray LLP acts for a number of corporations and global investors across a wide range of industries, including technology, real estate, retail, and private equity, though it is particularly notable for its expertise in the healthcare and life sciences sector. Practice head Andrew Dale is based in Hong Kong, and has extensive experience representing global and US-based corporations in corporate investigations. Geoffrey Atkins has a broad practice, specialising in civil and criminal anti-corruption and securities mandates, as well as internal investigations and compliance and regulatory matters. David Chen and Tina Yu lend on the ground support from Shanghai, focusing on governmental and internal investigations and cross-border anti-corruption matters, respectively.

Hogan Lovells International LLP has a solid regulatory and compliance offering, with the team advising on a range of matters, including responding to whistle-blower actions, risk exposure to regulators, and corporate investigations. Calvin Ding leads the group from Shanghai, with expertise representing companies in corruption and conflicts of interest, trade compliance, and cybersecurity incident related matters across a wide array of industries.

Morrison Foerster offers an integrated contentious and non-contentious corporate investigation and anti-corruption practice, with the team advising on a wide range of investigations and regulatory compliance issues, including US economic sanctions, anti-money laundering, securities fraud, and corporate compliance matters. It also has a particular strength for privacy and data matters, as well as in US-China cross-border work. Timothy Blakely leads the group from Hong Kong and is supported by B. Chen Zhu, who specialises in cross-border government enforcement matters, internal corporate investigations, and economic sanctions.

Sidley Austin LLP’s corporate investigations team advises clients on a range of matters, with the team collectively adding strength in different specialisms. The group is led by Lei Li from Beijing, who has significant expertise in handling local and national investigations conducted by Chinese government agencies, as well as in general internal investigation matters. Meanwhile, Linh Lieu provides specific expertise in securities regulation matters, white-collar investigations, compliance, and corporate risk management.