China

Improving the Effectiveness of Compliance Programs of Chinese Enterprises

Beijing New Century Academy on Transnational Corporations (NATC)

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Improving the Effectiveness of Compliance Programs of Chinese Enterprises

The Beijing New Century Academy on Transnational Corporations (NATC) will improve effective compliance management of Chinese enterprises and push compliance Collective Action in China through making efforts in the following three objectives.

  • Firstly, through submitting policy recommendations to government departments, unifying key driving partners and building an alliance in the target industries to address key compliance issues, publishing compliance books and conducting compliance forums to promote tools and best practices for effective compliance management, NATC will support enterprises in three target industries (energy, industry and healthcare) to improve the effectiveness of compliance management.
  • Secondly, NATC will promote a “Belt and Road” with emphasis on compliance and integrity by enhancing commitment from relevant Chinese departments, unifying pilot enterprises to address key compliance risks, as well as capacity building and best practices sharing for the enterprises.
  • Lastly, NATC will contribute to bringing up compliance talents through developing training curriculum for compliance practitioners at different levels and conduct trainings accordingly. NATC will also have dialogue with relevant Chinese departments to push them to list compliance professionals as an official profession in China.

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