Despite China’s great achievements in economic development since the reform and opening up, challenges in trust and integrity undermine social-economic operations and may jeopardise the efforts to build a favourable and fair market environment. In recent years, the Chinese government has been focused on the construction of its Social Credit System, a national reputation system intended to standardise the assessment of citizens' and businesses' economic and social reputation, or credit. This was evidenced by a broad range of legislation and industry standards, which has provided a solid foundation for future credit-based regulatory initiatives.

The credit-based market regulatory measures have the potential to radically transform the state’s governance of both society and the economy. Corporate social credit system (“CSCS”), a critical component of overall social credit system, will have profound impact over the compliance, business processes and even strategies of the companies in China.

The European Chamber is delighted to invite Frank Mei, Partner & Head of Risk Consulting, KPMG China and Jacob Gunter, Senior Policy and Communications Manager at the European Chamber to discuss China’s Social Credit System Challenges and the impact in different industries. Join us on 2nd June 4:00-5:30pm (GMT+8) as this webinar aims to provide an overview of requirements, dimension and guidance for the implementation and monitoring of CSCS for businesses.

Agenda

4:00pm-4:05pm    Opening Words by Marcel Radunski, Vice Chair of the Compliance & Business Ethics Working Group,
                             European Chamber

4:05pm-4:20pm    CSCS 1.1 - An intro to the Key Mechanisms and Where they Stand by Jacob Gunter, Senior Policy and
                            Comunications Manager, European Union Chamber of Commerce in China

4:20pm-4:50pm    How Can Companies Address the Challenges of the Chinese Social Credit System (CSCS), CSCS and Supply
                            Chain and Case Study on Automotive Supply Chain by Frank Mei, Partner and Head of Risk Consulting, KPMG
                             China

4:50pm-5:15pm    QA and Closing Words by Marcel Radunski, Vice Chair of the Compliance & Business Ethics Working Group, 
                             European Chamber

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• The webinar attendance is for use by the registered participant only and registration information should not be forwarded on to third parties. Similarly, the materials and replay of webinars, when made public, are for use by the attendee registered only and should not be forwarded on to third parties.
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Cancellations must be received in writing at least one full day in advance of the date of the webinar.

To cancel you can: 1) email yangzhao@europeanchamber.com.cn, or 2) cancel online if you registered for the event through the website. Should you fail to cancel your participation on time, the European Chamber reserves the right to transfer future event/webinar registrations to other interested participants. In the case of fee-based events, the event fee will be charged to those who fail to cancel their registration on time. 

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Members of the Advisory Council may receive complimentary admission to Chamber seminars, conferences and factory visits up to two attendees per event. Additional participants will be charged at the member rate.

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For further information contact Laura Alvarez Mendivil at lamendivil@europeanchamber.com.cn

Speakers

Mr. Marcel Radunski

Vice President and General Counsel of Siemens Greater China

Mr. Marcel Radunski

Vice President and General Counsel of Siemens Greater China

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Mr. Marcel Radunski has a proven track record as General Counsel and Head of Compliance in Asia, Middle East, and Europe managing and empowering international teams in challenging and changing environments. Marcel is convinced that integrity is the basis for sustainable business success.
Marcel studied law, political science, and history in Bonn, Germany.
He is a fully qualified German lawyer (‘Rechtsanwalt’) admitted to the bar in Berlin, Germany. In 2004 he started out as an associate and later junior partner in a law firm in Berlin, Germany with focus on international business law and EU funding.
In 2007 he joined Siemens AG as Legal Counsel working first in Erlangen, Germany later in Berlin, Germany, for Siemens Mobility’s Turnkey Business.
In January 2009 he was appointed Senior Legal Counsel for the Siemens Road Business (ITS) in Munich, Germany.
In the fall of 2009, he was assigned to China supporting major Siemens Mobility projects.
From April 2011 until September 2014 he was Vice President and Head of Legal in Siemens AG’s Representation Office in Brussels, Belgium, establishing and heading the Legal Government Affairs team with 3 direct reports.
Between October 2016 and August 2018 he was General Counsel Legal and Compliance Siemens Qatar and Levant Region based in Doha, Qatar, establishing the Legal and Compliance team with 5 direct reports.
From September 2016 until December 2018 he was Regional General Counsel and Head of Compliance Asia Pacific – Greater China for Siemens Healthcare Ltd., China based in Shanghai establishing the Legal and Compliance team with 20 direct reports and managing the carve out and IPO of the Siemens Healthcare business.
Since January 1, 2019 until August 2020 Marcel is Vice President and Head of Compliance Greater China at Siemens Ltd., China based in Beijing heading a team of over 30 Compliance professionals. At the same time Marcel is heading the Siemens Compliance Asia Australia Collaboration Circle. From September 2020 Marcel is the Vice President and General Counsel of Siemens Greater China.

Mr. Frank Mei

Partner & Head of Risk Consulting, KPMG China

Mr. Frank Mei

Partner & Head of Risk Consulting, KPMG China

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Frank has 25 years of advisory experience with multi-national companies and Fortune-500 Chinese in China and Asia Pacific, covering strategic risk management, business model innovation, governance strategies and operating model design, strategy development, organization transformation, compliance and internal audit. He has worked with clients from a variety of industries, including energy and resources, life science, manufacturing, and technology.

In life science industry, Frank has been serving a number of major life science clients in China and accumulated extensive experiences in helping his clients seek the optimal growth, improve business operations, design robust strategies to address industry dynamics, meet the compliance requirements, internal control and predict risk management.

Over the recent years, Frank has led the representative projects including Go-To-Market studies on innovative therapy (CAR-T, Companion diagnostic) and innovative drugs, HCP and patients’ behavior economics studies, product lifecycle management and portfolio strategy, innovative patient access pathway, digital-led business strategy development, tech-enabled operational efficiency, distributor performance assessment and risk management, strategic risk analysis and acquisition advisory based on quantitative analysis, organization transformation and China growth strategy.

Mr. Jacob Gunter

Senior Policy & Communications Manager, European Chamber

Mr. Jacob Gunter

Senior Policy & Communications Manager, European Chamber

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As senior policy and communications manager at the European Chamber, Jacob leads on a variety of publications, media issues, policy analysis and high-level messaging. Jacob has led on and overseen key European Chamber publications, including thematic reports like, Decoupling: Severed Ties and Patchwork Globalisation, the BRI focused, The Road Less Travelled, and the audit of China’s reform agenda after President Xi’s Davos speech in 2017, 18 Months Since Davos, as well as the 2018, 2019, and 2020 Executive Position Papers and Business Confidence Surveys, as well as many of the Chamber’s Local Position Papers. Prior to working at the European Chamber, Jacob completed his Masters degree in international studies at the Johns Hopkins-Nanjing University Centre for Sino-American Studies.

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