English version translated by XU Xinyuan (Wayne)

At 3:00 p.m. , June 29, 2022, LANDING invited Mr. Frédéric Pierucci, Chiến Thuật Rouletteuthor of Chiến Thuật Roulettemerican Trap, to attend an online seminar on the U.S. Foreign Corrupt Practices Act (FCPA), which draw Chiến Thuật Roulettettention of the legal profession. Co-organizers LexisNexis and WELEGAL broadcasted the seminar.

01

I

Mr.LiuChiến Thuật Roulettesquo;s opening remarks

At the very beginning of the seminar, Mr. LIU Yixing, Managing Partner of Shanghai LANDING Law Offices, delivered the opening remarks.

In his opening speech, Mr. Liu extended cordial greetings to Mr. Pierucci and welcomed him to come to Shanghai, China for exchanges and visits. Then, combing his years of experience in providing legal services on foreign investment for enterprises, Mr. Liu reminded Chinese enterprises of the substantial legal risks in the process of foreign investment and cross-border trade. The rise of Chinese enterprises has been too smooth, making many entrepreneurs prone to quick success while lacking legal thinking. Both the long-arm jurisdiction of the U.S. FCPA and IndiaChiến Thuật Roulettesquo;s selective enforcement of Chinese executives show that Chinese entrepreneurs must strengthen their awareness of legal thinking and corporate compliance in order to combat the growing legal and business risks.

02

Mr. PierucciChiến Thuật Roulettesquo;s speech

Following Mr. Liu’s opening remarks, Mr. Frédéric Pierucci, Chiến Thuật Rouletteuthor of Chiến Thuật Roulettemerican Trap, Founding Partner of IKARIAN, a French consulting firm, and the former senior manager for Alstom, delivered a speech titled “Chiến Thuật Roulettemerican Trap - Corporate Compliance Risk in a Time of Economic Warfare”.

Mr. Pierucci reviewed and analyzed the FCPAChiến Thuật Roulettesquo;s past enforcement data and analyzed the negative impacts of U.S. anti-corruption investigations on multinational corporations(MNCs), including the distraction of managementChiến Thuật Roulettesquo;s attention, the damage to corporation reputation, the risk of being crowded out of the market, and the risk of additional criminal and civil litigations. In addition, he emphasized that the U.S. law enforcement agencies investigated and combatted corruption in MNCs via various channels and high-tech means. Finally, he reminded Chinese enterprises that planned to going overseas to pay attention to and comply with anti-bribery laws in the countries where they invest, and strongly recommended that they establish a compliance system that meets international standards.

03

Ms. LI YueqingChiến Thuật Roulettesquo;s speech

Following Mr. PierucciChiến Thuật Roulettesquo;s speech, Ms. LI Yueqing, senior partner of LANDING, made a keynote speech on the topic of “Commercial Bribery Risk Management in Cross-border Enterprises Operations from FCPA Law Enforcement CasesChiến Thuật Roulettedquo;.

Ms. Li proposed detailed anti-commercial bribery compliance advice for enterprisesChiến Thuật Roulettesquo; cross-border operations through several aspects, including FCPA case statistics, interpretation of FCPA key provisions, typical cases involving China under the FCPA, and international anti-commercial bribery enforcement development.

04

Ms. WANG ChunhongChiến Thuật Roulettesquo;s speech

Finally, Ms. WANG Chunhong, senior partner of LANDING, gave a speech on the topic of “FCPA Due Diligence for Corporate Cross-Border M&AChiến Thuật Roulettedquo;.

Ms. Wang emphasized the importance of FCPA due diligence in corporate cross-border M&A, explained in detail the difference between FCPA due diligence in M&A and the traditional due diligence and the remedies following FCPA due diligence, providing clear guidance on FCPA due diligence for Corporate M&A.

With 2.5-hour-long discussion coming to the end, Chiến Thuật Rouletteudience benefited from this FCPA seminar and raised their doubts on judicial procedures, qualifications, countermeasures, etc. The guests answered these questions in detail. Guests present expressed that such global communication covering both business and law was novel and profound, and looked forward to more exciting lectures from LANDING and Mr. Pierucci in the future.