Coverage

1MBD case could breed a “hydra” of investigations

30 October 2018

Investigations stemming from billions of dollars allegedly stolen from Malaysia’s development fund 1MDB could consume authorities in Asia, the UK, US and the Middle East for years to come, lawyers predict.

Chairs

Susan Munro

Steptoe & Johnson

Susan Munro is head of the firm’s Beijing office. She has advised financial institutions, multinational companies and investment funds on China-related regulatory and investment matters for more than 20 years. She regularly assists clients with China market entry and exit strategies, mergers and acquisitions and strategic investments, and has extensive experience in the Chinese chemicals, pharmaceuticals and medical devices, energy, semiconductor, food, apparel and software industries, as well as the financial services sector.

Kyle Wombolt

Herbert Smith Freehills

Kyle is regarded as one of the Asian market's leading white collar and regulatory lawyers. He has been described as "one of the cornerstones of investigations work in Asia" and "an exceptional lawyer".  Kyle has led investigations and compliance projects in more than 40 countries worldwide. He focuses on multi-jurisdictional corruption, money laundering, regulatory, fraud and accounting investigations, as well as trade and sanctions issues involving multinational and major regional corporates. 

Keynote Speaker

Rimsky Yuen

Former Secretary for Justice, Department of Justice, The Government of the Hong Kong Special Administrative Region

Rimsky Yuen was the Senior Counsel and Chairman of the Hong Kong Bar Association from 2007-2010, as well as a member of the Guangdong Committee of the Chinese People's Political Consultative Conference before he was appointed Secretary for Justice from 2012-2018.

Speakers

Nowell Bamberger

Cleary Gottlieb Steen & Hamilton

Eugene Chen

Hogan Lovells

Gary Gao

Zhong Lun

Alan Linning

Mayer Brown

Brian Michael

King & Spalding

Jonathan Midgley

Haldanes

Pei Li Wong

BDO

Wendy Wysong

Clifford Chance

CPD Points

This conference has been accredited with 2 CPD points.

Programme

8.30: Welcome coffee and registration

9.00: Chairs’ opening remarks

Kyle Wombolt, Herbert Smith Freehills
Susan Munro, Steptoe & Johnson

9.10: Keynote address

Rimsky Yuen, Former Secretary for Justice, Department of Justice, The Government of the Hong Kong Special Administrative Region

9.40: Session one: A PRC case study: An MNC responds to allegations of misconduct at its publicly-listed Chinese subsidiary

In this session, our panel of experts will address a scenario where a multinational organisation has to deal with fraud and possible corruption at a PRC company in which it has recently acquired a majority interest. In the case study, the PRC company's auditors are demanding the company investigate the misconduct. To complicate matters, the local stock exchange and regulator are asking questions and a potential criminal referral is on the horizon.

Questions our panel are expected to discuss include:

  • What are the steps the company should take in carrying out the investigation?
  • How should it respond to the exchange and regulatory authorities?
  • What are the implications for the multinational parent?

Moderators:
Kyle Wombolt, Herbert Smith Freehills 
Susan Munro, Steptoe & Johnson

Panel:
Eugene Chen, Hogan Lovells
Gary Gao, Zhong Lun
Wendy Wysong, Clifford Chance
Pei Li Wong, BDO

10.55: Coffee break

11.25: Session two: GIR Live Question Time

A panel of leading names will discuss hot topics submitted by the moderators and our audience.

Moderators:
Kyle Wombolt, Herbert Smith Freehills 
Susan Munro, Steptoe & Johnson

Panel:
Nowell Bamberger, Cleary Gottlieb Steen & Hamilton
Alan Linning, Mayer Brown
Brian Michael, King & Spalding
Jonathan Midgley, Haldanes

12.40: Chairs’ closing remarks

Kyle Wombolt, Herbert Smith Freehills
Susan Munro, Steptoe & Johnson

12.50: Networking Lunch

13.50: Close of conference

Venue

16th-19th Floors, Prince's Building, 10 Chater Road Central, Hong Kong

Ticket Prices

Private Practitioner
Type Price Until
Standard £300 30 Oct 2018

 

In-house/governmental
Type Price
Standard Complimentary