Corporate compliance is a cutting-edge topic that spans multiple legal disciplines. It is often mentioned alongside artificial intelligence (AI) as one of the two major frontiers of legal research in the 21st century. Corporate compliance involves at least corporate governance, administrative supervision, criminal law, criminal procedure law, and international economic law, while also touching on legal ethics, procedural law, evidence law, and other fields. It has gradually developed into a comprehensive corporate governance system based on the prevention and control of compliance risks.
To encourage enterprises to establish effective compliance management systems, the Tongfang Corporate Compliance Team focuses on promoting three key incentive mechanisms:
- lenient administrative treatment mechanisms implemented by administrative regulators based on compliance;
- lenient criminal treatment mechanisms promoted by criminal law enforcement authorities based on compliance;
- sanctions relief mechanisms applied by international organizations based on compliance.
Business Type / Service Content / Scope
Development of Compliance Programs
Different compliance program development approaches should be adopted for state-owned enterprises, private enterprises, and foreign-invested enterprises.
Compliance Due Diligence
Also known as “due diligence investigation,” this refers to the specialized investigation conducted by enterprises during investment, mergers and acquisitions, customer development, or third-party cooperation. Its purpose is to fully understand the background, operations, business nature, scale, history of violations, and penalties of customers, target companies, or partners, thereby reducing and controlling potential legal risks.
Compliance Internal Investigations
This is a crisis response mechanism. After a violation occurs, the enterprise must conduct a targeted investigation into the violation, the responsible parties, and flaws in the compliance system. The goal is to identify violations and responsible individuals, and to improve the compliance system by addressing gaps and weaknesses in internal controls.
Response to Law Enforcement Investigations
This mainly includes:
responding to mandatory compliance requirements;
conducting liability defense based on corporate compliance;
actively promoting administrative settlements;
handling administrative enforcement investigations.
Mitigation of Corporate Criminal Risks
restructuring business models.
By helping enterprises modify their business models or change operational/transaction methods, specific criminal elements can be eliminated.
Serving as a Compliance Supervisor
A lawyer acting as a compliance supervisor must maintain basic independence and avoid conflicts of interest with the enterprise under supervision.
Representative Cases
Corporate Compliance Rectification for Beijing Shuangchuang Street Holdings Co., Ltd.
Corporate Compliance Rectification for Shenyang Dadong District Furen Hospital
Corporate Compliance Rectification for Huludao Bank
Copyright © 2025 Liaoning Tongfang Law Firm