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Recent years have seen a dramatic growth in the regulations affecting Hong Kong businesses. The sanctions for breaching the law are increasingly severe. In April this year, seven construction companies were fined at the maximum level - 10 per cent of their Hong Kong turnover - for engaging in anti-competitive conduct. The Competition Commission has more cases in the pipeline, seeking not just financial penalties, but also disqualification of company directors. Meanwhile, the Government is proposing a dramatic increase in penalties for breach of the Personal Data (Privacy) Ordinance.

Against this background, it is all the more important to protect your business, and its management and staff, with an effective compliance programme. Whether the law concerns competition, consumer protection, data privacy or anti-bribery and corruption, a proper compliance programme helps you steer clear of trouble under the law.

Moreover, if something slips through the net and an inadvertent breach does occur, the fact that you had tried your best to avoid it by putting a compliance programme in place can mean more lenient treatment by regulators and courts when it comes to imposing sanctions. (The Competition Commission, for example, announced recently that it will seek lower penalties if the business had a proper compliance programme in place).

This webinar will give you an overview of the current high risk regulatory environment in which Hong Kong businesses have to operate, explain the key elements of a proper compliance programme that will minimise the risks, and provide you practical tips on how to put one in place.

Speakers' presentations at this event are intended for educational purposes only and do not replace independent professional judgment. Statements of fact and opinions expressed during this event are those of the speakers and participants and, unless expressly stated to the contrary, are not the opinion or position of the Hong Kong General Chamber of Commerce, its members, or its committees. The Chamber does not endorse or approve, and assumes no responsibility for, the content, accuracy or completeness of the information presented. Attendees should note that, with the approval of speakers, this event may be recorded, and possibly published on the Chamber's website in audio and/or video formats without further notice.

Recording, duplication or distribution of the contents of the online event is prohibited without prior written permission from the Chamber.

Speaker(s) Bill Brown, Senior Consultant, Hong Kong General Chamber of Commerce
Bill has over 30 years' work experience in the field of law and economic regulations. His previous roles included being a partner in a major commercial law firm, an in-house counsel to major corporations, and working for regulatory agencies (being a Chief Executive in one of them).
Language English
Date and Time 2020/08/20 16:00 to 17:00
Venue This event will take place online via ZOOM
Media Closed to media
Enquiries Cathy Chan
Tel: 28231282
Fee Members @ HK$280 / Non-Members @ HK$400
+$50 for booking offline
This event accepts Chamber Coupon (terms and conditions)
Members enjoy 30% discount with BOC HKGCC VISA Card
Notes - Details about how to join the webinar will be sent by e-mail. Zoom is available on both desktop and mobile devices.
- Bookings are only confirmed upon receipt of payment, on a first come first served basis.
- Booking transfer is allowed for corporate members with advanced notice, walk-ins are normally not accepted.
- The Chamber reserves the right to decline any booking or cancel the event. In such case, a full refund of the participation fee will be issued.
- No refund will be made for last minute cancellations or no-shows. If the booking is cancelled at least 7 days before the event, and in such cases the refund will be subjected to a 10% administration fee, or HK$100 deduction, whichever is higher.
- Members paying with their BOC HKGCC Visa Card will enjoy a 30% discount on their reservation. The discount is only applicable to the card holder, and does not extend to their guests. The discount cannot be used in conjunction with Chamber Coupons.
- A $50 handling fee per person will be charged for all offline bookings (e.g. fax, e-mail, post) for all Chamber events. Go online today by downloading our app or registering on the HKGCC website to save the environment and money.
- Priority is given to corporate members. The decision to accept or decline any booking shall be at sole discretion of the Chamber.