The compliance oracle
China’s enterprise credit risk score (企业信用风险分类) brings government inspections of companies into the age of “predictive supervision”: the score assesses the future likelihood of companies to be non-compliant. Depending on the score result, government authorities will determine the frequency of inspections for each company. Recently, the new risk score went from pilot phase into country-wide implementation. Companies throughout China can soon expect the new governance tool to determine the number of government visits at their plants and offices.
Von Redaktion Table
