Compliance Non-prosecution Announced: Landing Guangzhou Secures Good News for Involved Enterprises’ Compliance

Recently, under the guidance of the Landing Guangzhou Compliance Law Firm team, a large enterprise received a compliance non-prosecution decision from the procuratorate, which greatly boosted the company's confidence in its operations.

In August of this year, the company was suspected of committing a crime and hired Kong Yunfei, the executive director of Landing Guangzhou, as a compliance counselor to form a special compliance lawyer team to assist the company in investigating the causes of the case, building a compliance management system and system, designing a compliance rectification plan, and completing the specific work of implementing the compliance rectification.

The company had only two months to rectify its compliance issues. Because the company's location and the project sites in question were not in the same region, the compliance rectification work involved cross-provincial communication and collaboration between the procuratorates in both locations, a third-party assessment mechanism, and compliance lawyers. Furthermore, given the company's large scale and the presence of dozens of project sites across multiple provinces and cities nationwide, effectively identifying compliance risks within the rectification period, designing targeted compliance rectification plans, and quickly coordinating with various projects and departments to understand and effectively implement these plans presented significant challenges.

The Guangzhou compliance legal team at Landing Consulting held multiple online and offline meetings with the company's management and project leaders to thoroughly communicate on matters such as the company's structure and the causes of the case, identify compliance risks, and determine compliance goals and solutions. Following this, the compliance legal team assisted the company in conducting compliance rectification in several key areas, including contract management and revenue-sharing management, helping the company establish a complete set of compliance management standards.

In this compliance project, the compliance lawyer team collaborated with the company to innovatively propose a risk-oriented pre-implementation "Compliance Review Checklist." This checklist helped the company identify compliance weaknesses through self-checks, continuously optimize risk control strategies and plans, and ensure that all rectification measures were integrated into the company's actual business processes and effectively implemented in the long term.

Under the guidance of the Landing Guangzhou compliance lawyer team, the company completed all compliance rectification work on time and to a high standard. When the procuratorates of both locations and the third-party evaluation mechanism visited the company, they highly recognized the company's compliance rectification work. Ultimately, the procuratorate held a public hearing on the company's compliance review, and the company successfully passed the compliance acceptance. On December 5, 2023, the procuratorate made a decision not to prosecute.