Welcome to Lind Andersson’s Newsletter. Lind Andersson is a professional management consulting firm offering solutions within Governance, Risk and Compliance. We have offices in Stockholm, Gothenburg and Shanghai and focus on assisting Nordic companies operating in China. Read more about Lind Andersson and our services on our website.
This newsletter will focus on current events and news related to internal control in China, tailored for Nordic companies operating in a Chinese business environment. You have received this newsletter because you are registered as a contact person with for your company with the Swedish Trade Council.
Business crime increases in China during 2011
A newly published report shows how business crime increased notably in China in 2011, especially in private firms. Among the affected by the crimes compiled in the report were also international firms, including a Swedish company.
According to a report conducted by China Legal Daily, published in January this year, more than 200 entrepreneurs were convicted of crimes in China in 2011.
Bonnie Wong, Partner of Lind Andersson in China, who has worked with auditing and internal control at Nordic and International companies in China for more than 15 years, has three main recommendations for Nordic aiming to reduce the risk of fraud in their Chinese operations.
Seminar on Fraud prevention in China
If you are interested in hearing more about efficient tools, and important lessons for Nordic companies to prevent fraud in China, Lind Andersson is co-organizing a seminar with Finnish Chambers of Commerce in Shanghai on May 3.