Compliance management is the cornerstone of a company’s sustainable development and an important guarantee for companies to prevent and control compliance risks and enhance their global competitiveness. In recent years, with the globalization of economic and commercial activities, governments of all countries are committed to establishing and maintaining a development, transparent, and fair business environment, thereby continuously strengthening compliance supervision. Moreover, through some international treaties and guidelines, the basic requirements of compliance management have also formed a global consensus, and a set of international standards for compliance management is gradually being formed.
On May 23, 2017, General Secretary Xi Jinping presided over the 35th meeting of the Central Leading Group for Comprehensively Deepening Reform and reviewed and approved the “Several Opinions on Regulating the Overseas Business Behavior of Enterprises”. On December 29, 2017, my country issued The national standard of GB/T35770-2017 “Guide to Compliance Management System”, on July 1, 2018, the national standard for corporate compliance management will be officially implemented.
On May 4, 2018, the China Council for the Promotion of International Trade National Corporate Compliance Committee held an inaugural meeting. Chengdong Camp was invited to participate in the inaugural meeting as the first batch of council members to join the meeting. As the supporting units, the Policy and Regulation Bureau of the State-owned Assets Supervision and Administration Commission of the State Council, the Department of Foreign Investment and Economic Cooperation of the Ministry of Commerce, and the relevant leaders of the United Nations Global Compact delivered speeches at the inaugural meeting.
The National Corporate Compliance Committee is a working mechanism to promote corporate compliance. Guided by the national corporate compliance policy, it unites organizations and individuals who are concerned about and supports corporate compliance at home and abroad, and learns from advanced international compliance experience to promote corporate compliance operations , Purify the market environment, promote compliance, and provide a strong guarantee for fostering world-class companies with global competitiveness.
As the first group of directors, Chengdong Camp will pay more attention to honest and compliant operations, uphold correct values and business ethics, follow the laws and regulations of the place where it operates, and promote the improvement of employees’ awareness of compliance through the establishment and improvement of a compliance management system , Cultivate a compliance culture.
Post time: Jan-07-2022