Business Corruption and FCPA Issues in China

Website http://www.onlinecompliancepanel.com/webinar/CorporateCyberProtection-501061/OCT-2015-ES | Edit Freely

Category Business and Cyber Security, Cyber Security Operations, Ways Business use Security, ISO 27001, Data privacy, GRC, Cyber Security best practices

Deadline: October 06, 2015 | Date: October 07, 2015

Venue/Country: online Webinar, U.S.A

Updated: 2015-09-29 21:10:10 (GMT+9)

Call For Papers - CFP

Instructor: Craig Taggart

Product ID: 501063

Level: Intermediate

Description

The FCPA prohibits the giving of anything of value, e.g. the payment of bribes, to foreign officials for the purpose of obtaining or retaining business. The U.S. Department of Justice (DOJ) has adopted aggressive interpretations of the statute that apply with particular force to China. There are three significant issues: the meaning of "foreign official", the meaning of "anything of value"a and the use of third parties that make pass through payments to Chinese officials. The most significant issue under the FCPA is the expansive definition of "foreign official."

Objectives of the Presentation

Why corruption is a big issue in China

Tips for spotting corruption / FCPA issues

Corruption risks associated with doing business in China

FCPA issues and strategies related to mergers and acquisitions, as well as on-going operations

Compliance program essentials and best practices

Appreciating the root causes of why companies often become the subject of FCPA scrutiny as well as the typical origins of FCPA enforcement actions

Why Should you Attend

Given the frequency with which these scenarios arise in China, MNCs need to deal with FCPA risks now by immediately implementing an effective on the ground FCPA compliance program in China. To be clear, the purpose of the program is not to teach the FCPA to employees; most employees in China business entities owned by MNCs would admit, if they were being honest, that they do not really care about the FCPA or that their conduct might cause the MNC to be in violation of the FCPA; what they do care about is being fired.

A compliance program must clearly set forth what is acceptable behavior, what is not, with many examples, and the consequences for failing to observe the rules, including termination. Then the rules must be strictly enforced. China's rise as a global economic power and its culture, which tolerates many forms of corruption in business, indicate that many more FCPA cases involving China will rise in the future. MNCs need to take forceful measures now to avoid problems that may arise later.

Areas Covered

When and why was the FCPA enacted?

What are the FCPA's main provisions?

Has the FCPA been amended since 1977?

Who is subject to the anti-bribery provisions?

What does "foreign official" mean?

What does "anything of value" mean?

What does "obtain or retain business" mean?

Does the FCPA have any exceptions or affirmative defenses?

What do the books and records and internal control provisions prohibit?

Which agencies enforce the FCPA?

Why has FCPA enforcement generally increased?

Who can Benefit

Legal Profession, Governance, Risk and Compliance Officers

Law Enforcement

Department of Justice

Securities Professionals

Chief Financial Officers

Regulators

CPA's

Auditors

Fraud Professionals

For Registration -

http://www.onlinecompliancepanel.com/webinar/FCPAIssuesInChina-501063/OCT-2015-ES

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