"Starting-Up Right!" Tips for achieving Business Excellence

A start-up partner who has just returned from his overseas business trip: The client I met offered to hire me as the consultant of his firm there, provided that I would disclose the secret formula of our new product ... Should I take the offer?

Start-up Mentor: It may be a bribery offence if you did not get your partners' consent to do so! When doing cross-boundary business, you should also beware of the laws and regulations in the respective jurisdictions. "PLUS " Model will help you make an ethical decision

"PLUS" Model to handle ethical dilemmas

Professional / trade-related / company code of conduct - Does it align with the regulations and codes?; Legal requirements - Any breach of the laws?; Uncompromising self values - Does it violate your personal values, e.g. honesty, fairness, etc.; Sunshine test - Can the issue be discussed openly and disclosed without misgivings?

HKBEDC helps you build ethical decision making capacity and corporate ethics culture through training and other corruption prevention services.

Enquiry Hotline: (852) 2826 3288

#1: Fund Seeking

#2: License Application

#3: Procurement

#4: Proprietary Information

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Laws and regulations in different jurisdictions

Hong Kong - Prevention of Bribery Ordinance

Mainland China - The Criminal Law of the PRC

UK - UK Bribery Act

US - Foreign Corrupt Practices Act (FCPA)

* The above links are for general reference only. You should seek professional legal advice on specific situations.

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Relevant laws and explanations for Mainland China (available in Simplified Chinese only)#

Criminal Law of the People's Republic of China (1997 Revision)

Amendment (IX) to the Criminal Law of the People's Republic of China

Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues concerning the Application of Law in the Handling of Criminal Cases of Embezzlement and Bribery

# For the latest versions, amendments and explanations to the Criminal Law, please refer to the respective website(s). You should seek professional legal advice on specific situations.

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