Chinese Anti-Corruption Law Amendment and the FCPA: One Year Later

Description

U.S. companies are conducting business in and with China at an increasing pace. In a rapidly growing economy that is still strongly cash-based and where the government retains an active role, companies face the risk of employees crossing the line and violating Chinese anti-bribery law, as well as the U.S. FCPA.

In 2011, the Chinese government passed a new anti-corruption amendment, stepping up its efforts to crack down on bribery in offshore commercial transactions. At the same time, China has increased enforcement against commercial bribery in domestic transactions.

China’s anti-corruption efforts together with the U.S. government’s increased focus on battling corruption alert U.S. companies to the need for rigorous controls to comply with Chinese and U.S. laws.

Listen as our authoritative panel reviews China’s anti-corruption amendment and the interplay of that law with the FCPA. The panel will discuss Chinese enforcement and offer guidance on responding to Chinese government commercial bribery investigations.