The Benelux Chamber of Commerce in China, AustCham, the Canada China Business Council and SwissCham are delighted to invite you to a business breakfast on September 14 2011:
Managing Fraud Risks in China Business Operations
Everyone has read about cases of fraud in China, and, indeed, some of you may already have been fraud’s victim. Fraud, of course, is not exclusive to China, but some aspects of business life here, along with cultural and linguistic differences, make it more difficult, especially for newcomers, to keep their business “safe”.
Learn how to protect your business operation against fraud and other white-collar crime risks through preventive measures and through troubleshooting investigations. Learn how to detect fraud, or, preferably, avoid it and sleep easier at night.
The following points will be covered in this presentation:
• Peter will identify the operational risks associated with fraud, unethical practices and corrupt employees or business partners, and will discuss the drivers of fraud in China.
• He will highlight elements of the global supply chain shift into China that heighten these risks, will identify key vulnerabilities and threats, and will present cases of what went wrong for leading multinationals in a variety of fraud cases in China.
• Peter will outline basic tools for mitigating such risks in China both through preventive measures (such as background screening, business intelligence and due diligence) or through reactive measures, i.e. troubleshooting investigations and crisis management.
This presentation will of value to all senior executives of multinationals operating in China.
Peter Humphrey – ChinaWhys
Peter Humphrey is a First Class Honours graduate (1979) of Chinese Studies at Durham’s School of Oriental Studies. Peter is a risk management consultant and corporate detective. He is the founder and managing director of ChinaWhys, a consultancy that promotes transparency and ethical practices through risk mitigation measures and investigation. Peter has spent 35 years involved with China and is an expert on China fraud. He has resolved critical problems for many multinationals and works closely with leading companies and law firms. His successes include neutralising a counterfeit-and-fraud syndicate that hijacked the business of a global consumer goods manufacturer, eliminating fraud from the buying operation of a leading megastore chain, uncovering fraudulent JV deals for a global appliances manufacturer, and orchestrating the resolution of a transnational kidnap case in China.