Medical resource shortages are increasingly challenging for many countries battling the COVID-19 pandemic. In response to the need, various companies are donating money, personal protective equipment (PPE), ventilators, medicines, disinfectants, food, and other valuable resources. Compliance risks should be carefully considered when providing this valuable assistance to ensure that the resources are put in the right hands with no strings attached. Meanwhile, during the COVID-19 outbreak, the government offers various subsidies to support foreign businesses. Government subsidies beneficiaries face the potential risk of non-compliance.
The European Chamber is delighted to invite Simon Hui, Lead Partner of Baker & McKenzie LLP to share his experience and insights to help our member companies to stay compliant during this special time. The meeting will cover the below topics:
1. Overview of legal requirements under PRC Law
2. Regulatory framework under FCPA, UKBA and France Sapin II Law
3. Industry specific requirements in the medical industry
4. Identify and manage risks arising from donation and government subsidies
5. Case study
Agenda
15:00 – 15:05
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Opening by chamber representative
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15:05 – 16:00
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Presentation by Mr. Simon Hui, Lead Partner of Baker & McKenzie LLP
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16:00 – 16:30
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Q&A Session
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