Fraud Prevention in China
Preventing and detecting fraud in China is becoming increasingly complex. Overseas stakeholders are often handicapped in this environment due to geographic distance, which limits visibility of their China operation.
Further, China’s intricate regulatory system causes uncertainty around the legalities of business operations – pushing companies to operate in ‘grey areas’.
In the absence of strong internal controls, this increases the potential for fraud. However, before foreign stakeholders invest time and funds on anti-fraud programs, it is vital to first understand the types of fraudulent activities that may exploit the vulnerabilities of your Chinese subsidiary.
To know more about preventing fraud in your Chinese subsidiary, contact us.
We provide expert advisory and corporate services across Asia, guiding businesses through complex markets and regulations.