Geoffrey Vance, Yodi Hailemariam & Jared T. Nelson
On July 2, 2014, the National People’s Congress of the People’s Republic of China (PRC) released amendments to the 2009 PRC Food Safety Law (Amendment) for public comment. Before the call for comment, the Amendment was reviewed four times. No further significant amendments are expected before the revised PRC Food Safety Law comes into effect later this year or in early 2015.
High-profile investigations and arrests are not uncommon under the FCPA and many other anti-corruption laws that are now on books in various jurisdictions in Asia. The largest penalty imposed under the FCPA has been a staggering $800 million against Siemens. The longest prison terms imposed under the FCPA has been 15 years.
This intensive discussion will focus on related-party transactions entered into by a hypothetical multinational company and how you can recognize transfer pricing issues that arise from transactions involving goods, services and IP. Learn how to resolve common transfer pricing problems that arise before and after an IRS examination.
Practical tips about "Dawn Raids"
This is a checklist to quickly understand the scope and powers of search warrants – (“Dawn Raids”). Compares US, China, and EU
This is a checklist for EU dawn raids.
This article describes relevant provisions of the Criminal Law of the People’s Republic of China.
In the past few years, there have been headline-grabbing government investigations of foreign companies in the European Union (EU) and China. A number of these investigations relate to anti-trust, anti-bribery and corruption matters. It is critical for the legal departments of companies operating in the EU and China to be prepared for these sorts of investigations, ensuring that the business can react quickly and deal successfully with the government inquiry at a very tense and stressful time. The panel will look at the reasons for government investigations in the EU and China, what in-house counsel need to do to prepare their companies for the possibility of a government investigation (including the dreaded dawn raid) and provide practical tips for dealing with government investigations in the EU and China.
The greatest pleasure, and the greatest challenge, of being a privacy lawyer is the need to be both an ethicist ‰Š,,and a pragmatist. Oftentimes we find ourselves advising companies not just on what is the legal thing to do, but what is the right thing to do (and, no, the two aren’t always one and the same); while, on other occasions, our impediments presented by the law.