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PwC’s 2014 Global Economic Crime Survey – Mainland China, Hong Kong, and Macau Supplement
Economic crime survey highlights risk of the ‘inside job’
Incidents of economic crime detected in China, Hong Kong and Macau still lower than regional and global averages
Welcome to the 2014 PwC Global Economic Crime Survey - Mainland China, Hong Kong, and Macau supplement (GECS, the Survey). The GECS provides a focussed discussion of the issues facing local respondents across these markets, including the risks posed by bribery and corruption, money laundering, cybercrime and procurement fraud.
Analysis is based on responses from over 200 executives based in Mainland China, Hong Kong and Macau, and covers respondents’ experiences of economic crime during the last twenty-four months.
Among other findings in the Survey, almost four out of every five economic crimes were perpetrated by employees of their respective companies, according to Mainland China-based respondents. In addition, 27% of respondents in mainland China and 16% in Hong Kong and Macau report that they have encountered economic crime, compared to 32% in Asia Pacific and 37% globally.
The Survey forms part of the biennial 2014 PwC Global Economic Crime Survey, the leading global publication on economic crime and which involved more than 5,000 respondents from 95 countries worldwide.
To read the PwC Global Economic Crime Survey, click http://www.pwc.com/gx/en/economic-crime-survey/downloads.jhtml