1. M A N A G E M E N T I N S I G H TM A N A G E M E N T C R E D E N T I A L SM A N A G E M E N T S U P P O R T Legal Definition Section 9 of the Prevention of Bribery Ordinance (1) Any agent who, without lawful authority and reasonable excuse, solicits or accepts any advantages…..in relation to his principal’s business (2) Any person who offers…

2. M A N A G E M E N T I N S I G H TM A N A G E M E N T C R E D E N T I A L SM A N A G E M E N T S U P P O R T Legal Definition Section 9 of the Prevention of Bribery Ordinance (3) Any agent uses any false documents intended to mislead his principal (4) Principal’s permission

3. M A N A G E M E N T I N S I G H TM A N A G E M E N T C R E D E N T I A L SM A N A G E M E N T S U P P O R T Types of Business Corruption Kickbacks Inflated invoices Short delivery Bogus transaction Sub-standard goods False certification Selling of information Favouritism Conflict of interest

4. M A N A G E M E N T I N S I G H TM A N A G E M E N T C R E D E N T I A L SM A N A G E M E N T S U P P O R T Types of Corruption-related Fraud Corporate Fraud Banking Fraud Property Fraud Forex Fraud Stock Exchange Fraud Insurance Fraud Credit Card Fraud Cellular Fraud

5. M A N A G E M E N T I N S I G H TM A N A G E M E N T C R E D E N T I A L SM A N A G E M E N T S U P P O R T Most Vulnerable Sectors Property Management Construction Finance & Insurance Trading Tourist industry

6. M A N A G E M E N T I N S I G H TM A N A G E M E N T C R E D E N T I A L SM A N A G E M E N T S U P P O R T Bad effects on society Double standard Identical to deception and theft Breach of trust Protect investment Level Playing field Consumer interest Financial Market stability Public safety Catalyst to organized crime & crime

7. M A N A G E M E N T I N S I G H TM A N A G E M E N T C R E D E N T I A L SM A N A G E M E N T S U P P O R T Food for thought How much time do I give to maintaining staff integrity? How much resource do I allocate? Do I believe in “Don’t wash your dirty linen in public”? Do I have a comprehensive anti- corruption strategy? Do I have effective internal regulations? Do I have declaration system to avoid conflict of interest? Do I have a code of ethics for staff?

8. M A N A G E M E N T I N S I G H TM A N A G E M E N T C R E D E N T I A L SM A N A G E M E N T S U P P O R T Food for thought How do I encourage whistle blower? How do I promote and reinforce a culture of probity and honesty among my staff? What kind of example am I setting in my personal conduct? Do I have a dedicated internal investigation and monitoring unit? Do I have an effective system to detect early sign of corruption? Do I develop a set of best practice for corruption prevention?