Client Wins Award for Compliance
We are proud to announce that one of our clients, PWO High-Tech Metal Components (Suzhou) Co., Ltd., was recently named one of the winners of the Law-abiding Award by the People’s Government of Wuzhong District, Suzhou.
This yearly event was launched in 2010 by the Rule-By-Law Office of Wuzhong District, under instructions of the Politics and Law Committee of Suzhou City as per the Opinions to Create Law-Abiding Enterprises in Suzhou City, and this is only the second time that the ward has been granted. Our client was recognized as a leading company in compliance, for its modern management, extensive compliance system and harmonious relations with employees.
PWO Suzhou is part of the German PWO group with subsidiaries all over the world. R&P is proud to have contributed to its success, with the development and roll-out of a comprehensive compliance system. Through interviews, the establishment of new rules and training programs, and a close follow-up, we are meeting the group's objective of ensuring that managers and employees fully understand the company's culture and requirements, and how to tackle the practical challenges of successfully operating a company in a compliant way.
With an increase in scandals over the past year, international companies operating in China are increasingly recognizing legal compliance as one of the conditions to long-term success in this market. R&P assists clients to build and implement customized compliance programs that meet the needs of foreign investors.