ACIs 3rd China Summit on Anti-Corruption
Wednesday, June 23, 2010 - Thursday, June 24, 2010
04:00 AM GMT - 04:00 AM GMT
American Conference Institute presents its 3rd China Summit on Anti-Corruption, June 22 & 23, 2010 at the Le Royal Meridien Shanghai, China
Corruption is a serious problem in Chinas economy. Chinas 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.
If your company is doing business in the Peoples 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.
On Wednesday, June 23, Paul Hastings partner Lesli Ligorner is a featured speaker on the following panel:"Developing a Compliant Gift, Travel and Hospitality Policy: How to Balance Legal Needs with Chinese Standards of Entertainment" from 9:15 am to 10:15 am
Cultural differences and the fi ne line between generosity and bribery
Balancing Chinese traditional human relationship society with compliance
What kind of gifting or payment is acceptable and in what instances
Identifying when a business expenditure become a criminally lavish gift
Handling requests for inspection and delegation trips
How to address gift and entertainment issues in the code of business conduct
Should the code of conduct be global, regional or localized?
For more information and to register, visit the ACI website. Please use code 954L10.S receive a registration discount.