Bank of China USA Hosts Successful 2024 Asian HR Forum: "Moving Forward: Employment Law Strategies in 2024 and Beyond"

On September 25, 2024, Bank of China USA, in collaboration with the China General Chamber of Commerce (CGCC) and Littler Mendelson, proudly hosted the "2024 Asian HR Forum" at our headquarters in New York City. This half-day event, themed “Moving Forward: Employment Law Strategies in 2024 and Beyond,” attracted over 100 attendees, including esteemed members from CGCC and professionals from the financial sector.

The forum opened with welcoming remarks from our CEO, Mr. Wei Hu, who emphasized the importance of navigating the evolving landscape of employment law. Managing Director and Head of the Human Resources Department, Mr. Alan Wong, introduced the program, setting the stage for a series of enlightening discussions led by distinguished lawyers from Littler Mendelson, along with guest speaker Stephanie Webster, General Counsel of the Institute of International Bankers.

Throughout the day, attendees engaged in in-depth discussions on crucial topics, including:
-    The New (Post-COVID) Normal: Strategies for re-adjusting workplace policies as we adapt to the post-pandemic environment.
-    Key Employment Law Updates: Essential insights on hiring, compensation, and leave policies specifically for financial institutions.
-    Discrimination, Harassment, & Whistleblowing: Addressing employee rights and employer responsibilities in the current workplace landscape.
-    Cybersecurity Challenges: Exploring evolving employee privacy and data security issues across jurisdictions.
-    2024 Employee Benefits Update: Current trends in the administration and governance of health and retirement benefits in the U.S.
-    Immigration Insights for Employers: Anticipated changes in immigration policy and their implications for global employee mobility.
-    The DEI Evolution: Best practices for implementing Diversity, Equity, and Inclusion policies in alignment with legal requirements.
-    The Employment Value Proposition: Insights on how organizations can attract and retain top-tier talent in a competitive global marketplace.

Feedback from attendees was overwhelmingly positive, with many expressing that the sessions were both stimulating and informative. The event concluded with a light lunch featuring Chinese delicacies, allowing participants to enjoy networking while taking in the picturesque views of Bryant Park.

We extend our heartfelt gratitude to our partners at CGCC and Littler Mendelson for their invaluable support and dedication, which were fundamental to the success of this forum. 

Looking ahead, Bank of China USA is committed to facilitating more such forums, providing our community with essential resources and insights as we navigate the complexities of employment law and human resources in a rapidly changing environment. As a long-standing financial institution with a commitment to fostering growth and collaboration, we are dedicated to being a vital link in promoting best practices within the financial services industry. We look forward to future engagements that contribute to the ongoing dialogue around employment law strategies and enhance our collective understanding in this critical area.