Diverse Gathering Tackles Anti-Corruption Compliance Challenges in China
2018-10-30 10:35 Tuesday
Duxes held the 12th China Anti-Corruption Compliance Summit 2018 on October 25-26 in Shanghai. Delegates representing major multinationals, law firms, as well as government and non-profit institutions, met to discuss the state of anti-corruption enforcement in China, optimal compliance strategies, and share firsthand experiences in the field.
During the two-day event, speakers and panelists detailed the shifting legal environment for anti-corruption in China, delving into the legal status of commercial bribery, the implications of the "two invoices" reform for compliance, the effects of the Belt and Road Initiative, and recent changes to Anti-Unfair Competition Law.
Other content addressed important challenges in developing and maintaining a compliance program, including FCPA and anti-bribery due diligence, strategies for minimizing third party risk, best practices for dawn raids, and compliance models utilized by successful enterprises in China, such as group buying platform Meituan.
The 12th China Anti-Corruption 2018 concluded as a success, having educated attendees on important developments in anti-corruption compliance, and facilitated discussion among a diverse group of experts in the field. Duxes would like to acknowledge the tremendous support of event partner TRACE, sponsors: Meituan, and Meituan Dianping, and endorsers: IPBA and CIFA, all of whom helped make the event possible.