Dangers for Canadian Businesses in the New World of Anti-Corruption Laws
Canadian companies doing business anywhere abroad have long faced criminal and regulatory sanctions from the US. They now face new dangers from the UK, whose courts now have long arm jurisdiction introduced by its Bribery Act over many Canadian companies. In addition, expanding business in China highlights the importance for Canadians in understanding that market. In this seminar experts from the US, the UK and China join experienced Canadian in-house counsel to discuss the dangers for Canadian businesses and what is required of them by the US, the UK and China:
- The UK’s new Bribery Act and its long arm jurisdiction provisions affecting businesses based outside the UK
- The UK’s new approach to enforcement
- What anti-corruption measures the UK requires Canadian businesses to take
United States - Summary of the US Foreign Corrupt Practices Act
- Dodd-Frank whistleblower provisions and the new Section 21F to the Exchange Act implementing them
- Voluntary disclosure – costs and benefits
- Essential elements of a robust compliance plan
- How Canadian companies are exposed to US laws
- Features of the People’s Republic of China (PRC) business landscape
- Areas vulnerable to corruption in the PRC
- The legal framework - administrative and criminal provisions
- Examples of: corruption affecting foreign–invested enterprises and foreign investors, compromised distribution systems, flawed M&A transactions
- Tips to stay within the law
- The presenters will be joined by Canadian in-house counsel, Chris Hoeschen, Corporate Counsel at MacDonald, Dettwiler and Associates Ltd., to provide a wide-ranging, practical and comparative law discussion
- Nick Burkill, Partner, Dorsey & Whitney London Office, Trial Co-Department Head
- Peter Corne, Partner, Head of Dorsey & Whitney Shanghai Office
- Bob Mahler, Partner, Dorsey & Whitney Seattle Office
CLE INFORMATION: Application has been made for Law Society of British Columbia CPD credits and Washington State CLE credits. We may apply in additional US states based on attendance. For further information on CLE matters, please contact Carla Tollefsrud.
ADDITIONAL INFORMATION/REGISTRATION: Dorsey is the only U.S. law firm with offices in Vancouver and Toronto. We practice exclusively U.S. law in Canada and offer this seminar as one of a series addressing U.S. and international issues relevant to Canadians.
This event is also being held in Seattle on Monday, November 7th, targeted towards U.S. businesses.
Please contact Karla Dobson with any questions.