Hong Kong In-House Community Congress 2024

Moderator:
Rahul Prakash, In-House Community

Panelists:
Arthur Law, Meitu, Inc.
Daniel Hobson, vLex
Susan Ning, King & Wood Mallesons

Sanctions and export controls stemming from conflicts in Europe and the Middle East expanded further in 2024. Trade and geopolitical tensions between the United States and China continue to grow. This session will cover these developments and the impact on value chains and business activities in Greater China and APAC more broadly:

• Overview of key sanctions developments in 2024
• Demystifying when “secondary sanctions” pose a real risk
• Strategies deployed by corporates and banks to mitigate sanctions exposure

• Investigation triggers and common causes of employee investigations
• Overview on how best to conduct an investigation
• How to plan and lead the investigation
• Legal professional privilege and cross-border transfer of information across jurisdictions
• How to gather evidence in the context of employee misconduct such as misappropriation of company funds
• Discipline and termination of employees

As scams are getting more complex and sophisticated, it is becoming increasingly important for multinational corporations (MNC) to avoid falling prey to fraud, corruption and financial crime. This underscores the importance of identifying and managing such risks in light of regulatory expectations for MNCs to remain compliant.  This session will examine the evolving enforcement priorities and strategies of the regulators in the U.S. and Hong Kong, discuss regulatory challenges and analyze enforcement trends.

• Data Compliance Legislation and Law Enforcement Trends in China’s Mainland
• The Scope of Important Data and Special Protection Requirements
• Status quo and Development of the Data Export Supervision Framework
• Impact of and Regulatory Focus on Artificial Intelligence
• Suggestions and Practice Insights for Corporate Compliance