Here is why you cannot afford to miss the most preeminent anti-corruption event of the year – in Shanghai with a brand new agenda for 2010!
Corruption is a serious problem in China’s economy. China’s leaders have recognized this problem and adopted increasingly aggressive policies to deal with it. “We will give high priority to fighting corruption and encouraging integrity,” said China Premier Wen Jiabao in his 2010 State of the Union-style address.
Now that China is vigorously enforcing commercial bribery laws in its private sector, foreign companies operating in China are faced with a rapidly evolving domestic anti-corruption compliance environment. At the same time, U.S. companies, and companies listed on U.S. stock exchanges, must comply with the FCPA when doing business in China. FCPA compliance is especially challenging in China, where government regulation of the economy remains rigorous and state-owned enterprises continue to dominate many sectors. These diffi culties are refl ected in recent FCPA prosecutions. Several published cases in recent years – Siemens, CCI, DPC Tianjin, Faro Technologies, AGA Medical, Lucent, Schnitzer Steel, ITT, York International, Diagnostic Products, Avery Dennison (for example) – have focused on activities in China, and many pending investigations reportedly also involve compliance issues in China. European regulators have also dramatically sharpened their focus on business activities and anti-bribery practices of European companies. The UK just passed a new Bribery Act and Germany, France, Italy are conducting high profi le investigations of well known companies.
If your company is doing business in the People’s Republic of China, you must have a robust anti-corruption compliance program and be prepared to act promptly and effectively to remedy any problems that do arise.
After the tremendous success of its conferences in July 2008 and June 2009, American Conference Institute and C5 Group are proud to announce the 3rd China Summit on Anti-Corruption. Once again, the Summit brings together an exceptional faculty of senior corporate ethics and compliance executives, attorneys, forensic accountants and government officials. They will provide a comprehensive update on the anti-bribery landscape in China, the intersection of the FCPA and local Chinese anti-bribery laws and how to implement robust anti-corruption policies to comply with Chinese laws and the FCPA, including:
- What kind of gifting or payment is acceptable and in what instances
- Overcoming cultural and legal challenges in rolling out an anti-corruption compliance programme
- Due diligence: best practices for a prospective third party relationship in China
- Creating a Code of Conduct that matters in China
- Conducting internal investigations in China
How to convey the importance of anti-bribery compliance to external partners, suppliers and distributors Participants will also receive a comprehensive set of written materials prepared by the speakers especially for the conference. These are invaluable reference materials which you will use again and again long after the conference is over.
Seats at this unique event are sure to go quickly. Don’t delay, register today by calling +44 20 7878 6888, if in the US 1-888-224-2480, or by registering online at www.AmericanConference.com/AntiCorruptionChina