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Shenzhen, China Shenzhen, China / photo: Hit1912 / Shutterstock.com

Companies in Hong Kong and mainland China are targets of growing regulatory scrutiny as they become more adaptive to digital business solutions following the COVID-19 pandemic, according to a new Baker McKenzie report, which found a high rate of enforcement investigations in the region.

According to the report, which surveyed 1,550 compliance leaders in 18 jurisdictions, including 200 in Hong Kong and mainland China, 59% of respondents in Hong Kong and mainland China said their company has been subject to a compliance investigation as a result of changes to their digital strategies due to the pandemic—the most of any jurisdiction. For the U.S. and U.K., 47% and 40% of respondents reported the same finding, respectively.

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Vincent Chow

Vincent Chow is a reporter for Law.com International and China Law & Practice, based in Hong Kong. He writes about lawyers and legal issues in Hong Kong and China and covers the business of law, global and domestic law firms, in-house legal departments and regulatory issues. He can be reached at [email protected]

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