best background check service

Articles: ASIA PACIFIC

-BACKGROUND SCREENING-

Become a Founding Member of the APAC Chapter of NAPBS

Are you interested in being recognized as a founding member for the APAC Chapter? The Chapter is currently accepting Founding Member donations. As a Founding Member of APAC you will be recognized on the APAC Chapter website. You can also display the APAC Chapter Founding Member logo on your company website and printed collateral. The Founding Member designation does not expire. Your company will always be recognized as a founding member as long as you are member-in-good-standing with the association. There is a onetime fee of $500 USD; this offer will expire on December 31, 2011. Click here to become a founding member today.

For more information on the APAC chapter contact Wayne Tollemache at Wayne.Tollemache@fadv.com

APAC Chapter to Hold its Inaugural AGM on November 24th in Singapore

For more information on the APAC chapter contact Wayne Tollemache at Wayne.Tollemache@fadv.com

-DATA PROTECTION AND PRIVACY-

APEC’s Cross-Border Privacy Rules System: A New Model for Accountable Data Flows

The APEC Cross-Border Privacy Rules system will enable accountable organizations to demonstrate and receive recognition for their APEC Privacy Framework-compliant cross-border data flows. As the APEC CBPR system gets closer to launch (expected in 2012), Canadian organizations should understand how they may leverage this system to foster greater trust in their cross-border data flow policies and practices. Join government, regulator and private sector representatives who have been closely involved in the development of the CBPR system for an insightful look at its objectives, design and governance and the benefits organizations can derive from it.

Read more

Asia-Pacific Economic Cooperation Leaders Endorse Cross-Border Privacy Rules

On November 13, 2011, Asia-Pacific Economic Cooperation (“APEC”) leaders endorsed the APEC Cross-Border Privacy Rules (“CBPRs”) system at an APEC meeting in Honolulu, Hawaii. The Leaders’ Statement also endorsed interoperability between national and regional privacy and data protection regimes to facilitate moving data around the globe while protecting privacy.

“Implementing the APEC Privacy Framework through Cross Border Privacy Rules enables greater information flows that support innovation and promote interoperability across global data privacy regimes, while enhancing data privacy practices; facilitating regulatory cooperation; and enabling greater accountability through the use of common principles, coordinated legal approaches, and accountability agents.”

Read more

-OCCUPATIONAL FRAUD-

Report Highlights Top Fraud Trends in the Asia-Pacific Region
The results of our international research revealed that the characteristics of fraud cases and perpetrators follow some universal patterns, but that each geographical region faces unique challenges. Our second global study in 2012 reinforced this observation.

With this in mind and in light of the upcoming 2012 ACFE Asia-Pacific Fraud Conference, we thought it would be interesting to look more closely at some of the trends in the 176 fraud cases from our 2012 study that were reported from the Asia-Pacific region. (For purposes of this analysis, we included the cases from the following countries: Australia, China, Fiji, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. This breakdown differs from the “Asia” region as discussed in the full 2012 Report to the Nations on Occupational Fraud and Abuse.)

Among our most notable observations was that overall losses were higher in the Asia-Pacific region than for the full sample of cases in our 2012 study. The median loss for the 176 Asia-Pacific cases was US$235,000, compared to a median loss of US$140,000 for all cases. And the median loss was greater in eight of the 11 fraud scheme subcategories we studied, with the biggest disparity in the losses related to financial statements frauds. The median loss for those cases in the Asia-Pacific region was US$4 million, or four times the median loss for all financial statement fraud cases studied.

Read more