September 20, 2022
Many Chinese companies operating overseas have seen increasing compliance and enforcement risks from many multilateral development banks and financial institutions, with a growing number of investigations, sanctions and settlements. Kobre & Kim’s Jason Kang, who focuses on China-related cross-border disputes and complex international regulatory schemes including multilateral development banks sanctions and monitorships, explores how companies and their senior management can manage these risks during the 2022 China Global Compliance Summit in Shanghai in a session at 2:00 pm local time, September 22, 2022.
During the session, “Compliance Investigation of World Financial Institutions and Response to Sanctions Compliance Challenges” (“世界金融机构合规调查与制裁合规挑战应对”), Mr. Kang will examine the duties of multilateral financial institutions; how they enforce their rules and impose penalties; trends in enforcement against Chinese entities and senior management; and how Chinese targets can prepare and respond to these enforcement actions.