Windhover Information, F-D-C Reports, PharmAsia News and Sidley Austin proudly present:

Anti-Bribery Compliance in China –
Avoiding the Pitfalls

FCPA & China Anti-Bribery Law

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Wednesday, Aug. 27, 2008 • 11 AM ET / 8AM PT • 90 minutes
About the eventKey topicsWho should attendSpeakers
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Featuring

Zhengyu Tang
Partner
Sidley Austin LLP, Shanghai

Paul Gerlach
Partner
Sidley Austin LLP, Washington DC

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While China’s booming economy provides significant commercial opportunities for the life sciences industry, it can also foster an environment of corruption. Authorities in both China and the U.S. have made anti-corruption a priority, cracking down on once common business practices. It's essential for any life sciences executive doing business in China to understand China’s anti-corruption laws and the U.S. Foreign Corrupt Practices Act – and to act now to protect you and your company.

FCPA cases filed by the U.S. Department of Justice and the U.S. Securities and Exchange Commission have escalated during the past few years. These enforcement actions have been marked by record corporate fines and penalties, the imposition of independent monitors, and a willingness by U.S. prosecutors to pursue enforcement against foreign-based companies that violate the FCPA. In China, Premiere Wen Jiabao held a special cabinet meeting in March where the sole item on the agenda was anti-corruption work by the State Council. And it’s not just talk – last year China's Ministry of Health uncovered more than 1,000 commercial bribery cases related to the purchase and distribution of pharmaceuticals, medical equipment and medical services.

What are the relevant anti-bribery laws of both the U.S. and China? What are the most significant corruption risks faced by life sciences companies doing business in the emerging Chinese market? Learn what you must do today to best reduce the risk of corruption violations in China.

Join PharmAsia News and Sidley Austin LLP for a thought-provoking analysis – live from Shanghai and Washington, DC. Grab your team, a conference room at your office, a phone and a computer with web access (that last one's optional). No travel required.

Walk away with valuable answers to the following questions:
  • How does the FCPA apply to life sciences companies doing business in China?
  • What China anti-bribery laws and regulations are of particular significance to the life sciences industry?
  • Where are the high-risk areas for corruption in the Chinese pharmaceutical and medical device markets?
  • What sanctions are imposed for violations of China’s anti-bribery laws?
  • How can you reduce the risk of FCPA and Chinese anti-bribery violations for you and your company?

…and much more!

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This webinar is aimed at executives in pharmaceutical, biotechnology and medical device companies, including:
  • CEOs, senior management and managers of foreign subsidiaries
  • Corporate counsel
  • Regulatory affairs officials
  • Compliance officers and internal auditors
  • Business development executives
  • Sales and marketing teams
  • Company officials traveling to China for business meetings, conferences or related activities

 

 


Zhengyu Tang
Partner
Sidley Austin LLP, Shanghai

Full biography here.

Zhengyu Tang is the Shanghai managing partner of Sidley who leads the firm's foreign direct investment (FDI), M&A and competition practice in China. Educated in China and the U.S., Mr. Tang has practiced law with leading Chinese and international law firms since 1986. He has been recognized, for many years, in AsiaLaw Leading Lawyers, Asia Pacific Legal 500 and Chambers & Partners Asia and Global, as one of the leading or top lawyers for corporate, M&A and competition work in China/Asia.

Mr. Tang has been assisting numerous US and European companies, including drug and device companies, in their FCPA and/or Chinese anti-bribery law compliance in the course of making their investments and conducting their operations in China, including conducting internal reviews, investigations and trainings and counseling on remedial actions, best practices and local AIC enforcement proceedings.

Mr. Tang received his J.D. from University of Maine School of Law, and his Chinese law degree from Graduate School of Chinese Academy of Social Sciences.


 

 


Paul Gerlach
Partner
Sidley Austin LLP, Washington DC
Full biography here.

Paul V. Gerlach is a partner in the Washington, DC office of Sidley and chairman of the firm’s Securities and SEC Enforcement Practice. His practice is focused in the areas of securities law counseling litigation, and SEC enforcement defense, including conducting FCPA international reviews and defending FCPA investigations. His clients have spanned the full array of industries.

Prior to joining Sidley, Mr. Gerlach served 12 years in the Securities & Exchange Commission’s Division of Enforcement, the last five as associate director. As associate director, Mr. Gerlach was responsible for directing a broad range of the SEC’s domestic and international enforcement activities, including investigations involving FCPA illicit payments. Mr. Gerlach received numerous awards during his tenure at the Commission, including the Presidential Distinguished Executive Award in 1999, the Stanley Sporkin Award in 1998, and the Chairman’s Award for Excellence in 1996.

In 2006, Mr. Gerlach was selected to the BTI Client Service All-Star Team for Law Firms. He holds a J.D. from Washington and Lee University School of Law, and a B.A. from Boise State University.

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Anti-Bribery Compliance in China –
Avoiding the Pitfalls

FCPA & China Anti-Bribery Law

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