From April to October this year, the Central Political and Law Commission, the Supreme People's Court, the Supreme People's Procuratorate, the Ministry of Public Security and other 12 units to participate in a six-month special action to combat and rectify fraud in old age in the country. Among them, "health care products to pit the old" is the focus of this special action to combat and rectify the object. A hundred years of cultural heritage of health care products enterprises in the southwest province of a dealer suspected of "pit the elderly" crime, entrusted King&Capital to provide criminal risk prevention and control and corporate compliance system to build two legal services.
Under the background of combating the crime of "pitting the elderly", the firm isolated the criminal risk for the client and safeguarded the reputation of a century-old company.
The client, as a well-established health product company with a century of cultural heritage, was involved in a criminal investigation due to the non-compliance of its downstream distributors. After King&Capital accepted the entrustment, based on the golden window period for criminal cases, senior partner Tang Lijun, partner Liang Wei, Royston Gao and other lawyers quickly set up a special work team, quickly cut into the case to clarify the criminal and civil cross-facts of all parties, and determine the "two-step" strategy, and after continuous communication with the public security organs, successfully resolved the criminal legal risks for the client, and safeguarded the reputation of a hundred years. After continuous communication with the public security authorities, we successfully resolved the criminal legal risks for the client, and gained the client's approval and praise.
Tailor-made and accurately designed a compliance system for the enterprise to protect its business.
After obtaining the client's approval and trust, King&Capital once again accepts the client's commission to provide the client with corporate compliance legal services, helping the enterprise to isolate the risk of comprehensive, stable and far-reaching development.
Team lawyers through interviews, enterprise visits, data reading and other forms and methods, the client enterprise to conduct a comprehensive research, mapping, and combined with the characteristics of the health care industry, to complete the client enterprise compliance pain points, blind spots in the capture and compliance improvement, to create the actual needs of the client's "Compliance Manual".
In the process of designing and drafting the Compliance Manual, the team of lawyers not only based on the premise of ensuring that the overall goal of the long-term compliance development of the enterprise remains unchanged, but also took into account the practical operability of the manual's content to ensure that the enterprise's compliance system is truly implemented and executed. In this regard, the legal team has made precise design for compliance risk identification and risk control system, and differentiated arrangement for the authority and responsibility of compliance department, in order to satisfy the client's expectation of the compliance manual, which is "ready to be used and useful to be used".
Conclusion
The value of compliance lies in creating value, and corporate compliance will be of great benefit to enterprises, regulators, and even the entire socio-economic development of society. 2018 is the first year of China's corporate compliance, 2020 is the start of China's corporate compliance reform pilot; 2021 is the year of China's corporate compliance pilot to continue to push forward; in April 2022, the supreme procuratorate "announced" that "Corporate compliance in the country's full push. King&Capital, as a leading large-scale comprehensive law firm, adheres to the philosophy of "pursuing excellence and living up to the trust", and has successfully built a corporate compliance system for our clients, which has been highly praised by our clients, and has helped them to promote the sustainable development of their enterprises.
