Financial Crime World

Corporate Compliance Training Crucial for Foreign Firms Operating in China

As foreign companies increasingly invest in China’s rapidly growing economy, understanding and adhering to commercial compliance regulations has become a vital aspect of doing business in the country. According to Professor Yang Li, a renowned expert on Chinese corporate law, companies must be aware of common compliance risks and take proactive steps to establish effective compliance systems.

Key Areas of Compliance Risk

Professor Li identifies several key areas where compliance issues may arise, including:

  • Bidding and tendering
  • Contract management
  • Intellectual property protection
  • Internal control and anti-fraud measures
  • Data circulation and governance

New Course: “Corporate Compliance in China”

In a new course aimed at foreign investors, Professor Li will explore the complexities of China’s commercial legal system and corporate internal control. The three-session course covers a range of topics, including:

  • Common compliance risks faced by companies operating in China
  • Cross-national differences in compliance culture
  • Key points of commercial law and compliance in China
  • Construction of China’s corporate compliance system in the new era
  • Basic logic of Chinese corporate law

Benefits of Compliance Training

By understanding the intricacies of China’s commercial legal system, companies can:

  • Mitigate risks
  • Ensure smooth business operations

Expertise of Professor Li

Professor Yang Li has extensive experience in teaching and research on Chinese corporate law and compliance issues. His expertise will provide valuable insights for companies seeking to navigate the complexities of operating in China.

For those interested in learning more about corporate compliance in China, recommended courses include:

  • “Compliance Issues in Commercial Operations”
  • “Data Compliance in China”

By taking these courses, foreign investors can gain a deeper understanding of the importance of corporate compliance training and how to successfully navigate the complexities of doing business in China.