European companies doing business in China encounter local perspectives and assumptions that make adherence to corporate compliance programs an ever evolving and challenging effort. Because of a highly competitive and culturally different operating environment, ensuring adherence to corporate ethics and compliance policies remains a key concern and challenge for European companies purchasing from China.
Practices that are normally considered unacceptable in Europe may not only be allowed in China, but may even be strongly encouraged by local cultural conventions. Such practices are especially manifested in the function of procurement.
Developing internal practices that take these norms into consideration while protecting a company’s legal obligations and reputation is a difficult process that requires balancing strongly competing interests.
We would like to share our experiences and help leadership and all employees across procurement, supply chain and adjacent functions to better understand the key considerations of an efficient corporate compliance program, the differences and discrepancies between parent company and China compliance and what should be borne in mind when procuring from Chinese companies.
When: Wednesday, April 10, 08:30-10:30
Where: Sino Sweden Innovation and Entrepreneurship centre
Address: Innovation Park Building A Floor B1 Yonghe Hangxing Science Park, Hepingli East Rd., Dongcheng District, Beijing
Price: Free of charge for NBA Members