Compliance has gradually become one the focuses of interest for companies in recent years. Compliance in the
broad sense covers all aspects of business, while compliance in the narrow sense mainly refers to anti-commercial
bribery. As the efforts of anti-corruption are enhanced in China, it has become one of the top priorities for
companies to reduce the legal risks regarding commercial bribery. One recent estimate put the annual cost of
bribery at between $1.5 trillion and $2 trillion, or about 2% of global GDP. Corruption remains an urgent social
problem in every country, including China. The fight against corruption is spreading and China is continuously
enforcing its own anti-corruption laws, which means that China will more vigorously enforce transnational
anti-corruption laws against domestic and foreign companies and individuals. Therefore, it’s important for
companies running business in China to deal with corruption.
As China's role in international business and global economy becomes more and more important, many countries
will enhance their cooperation with China in terms of anti-corruption. 2019 International Anti-Commercial Bribery
and Compliance Conference is dedicated to helping companies to improve their management of regular business to
achieve compliant operation. Legal and compliance executives of top international enterprises will also be
invited to share their practical cases and management experiences, and discuss existing problems and solutions.