IBA Anti-Corruption Committee Asia Conference
11 Nov - 12 Nov 2024
Session information
Should we prioritise collaboration or adversarial tactics when negotiating with regulatory enforcement authorities?
Tuesday 12 November (1630 - 1800)
Description
This debate will examine the most effective approach to negotiation strategies with regulatory enforcement authorities; specifically, whether collaboration or adversarial tactics should be prioritised. Advocates for collaboration argue that maintaining open lines of communication, transparency and cooperation with regulatory agencies can lead to more favourable outcomes, including reduced penalties, streamlined investigations and improved compliance measures. On the other hand, proponents of adversarial tactics contend that taking a confrontational approach, challenging regulatory interpretations and vigorously defending against enforcement actions can protect organisational interests and preserve legal rights. Through rigorous debate, case studies and real-world examples, the speakers will explore the advantages and disadvantages of each approach, considering factors such as legal risk, reputational impact and long-term relationship building with regulatory authorities. Join us as we delve into the complexities of negotiation strategies with regulatory enforcement authorities and seek to identify the most effective path forward for organisations facing compliance challenges.
Session / Workshop Chair(s)
Leopoldo Pagotto | Freitas Leite e Avvad Advogados, São Paulo, Brazil; Member, Anti-Corruption Committee Advisory Board |
Speakers
Haixiao Hellen Zhang | ANJIE LAW FIRM, Shanghai, China |
Kaku Hirao | Nishimura & Asahi, Tokyo, Japan |
Rima Mourad | BSA Ahmad Bin Hezeem & Associates , Dubai, United Arab Emirates |
Winston Paes | Debevoise & Plimpton LLP, New York, New York, USA |
Francesca Petronio | A&O Shearman, Milan, Italy |
Victoria Ting | Setia Law LLC, Singapore, Singapore |