Joint Luncheon : China’s Anti-Corruption Campaign – Risks to Foreign Business

09 May 2016 20:00 | Anonymous member (Administrator)

Guest Speaker: Mr Steve Vickers, Chief Executive Officer, Steve Vickers and Associates

The anti-corruption campaign in China, now in its third year, shows no signs of slowing. Indeed, the campaign is without precedent in recent Chinese history and now presents real risks to foreign businesses, as it is rooting out longstanding patronage networks, altering accepted working practices and dampening sentiment in key markets. This situation poses real risks for foreign investors, both in China and elsewhere, as accusations can prompt “mirror” corruption investigations in the home country. Foreign investors in China thus need to mitigate their exposure, or risk steep penalties.

Steve Vickers is the CEO of Steve Vickers & Associates and has over 40 years experience in Asia. Steve is an acknowledged expert on political and security issues in Asia Pacific. For the past 22 years in the private sector, he has conducted numerous kidnap and ransom consulting, corporate security and crisis containment as- signments. He previously spent 18 years with the former Royal Hong Kong Police and commanded its Criminal Intelligence Bureau. Steve is a frequent commentator on political risk and crisis issues. His opinion on security matters is regularly sought by the international media and he has lectured widely. Steve is a member of the International Institute of Security.

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