Issue 32 September 2018
  • A A A

Building anti-graft capacity – A business perspective

Ethical business practices
Naypyidaw April 2018, Officials of the Anti-Corruption Commission of Myanmar discuss their training needs with ICAC delegates. Kuala Lumpur April 2018, ICAC Commissioner Simon Peh is the first anti-graft agency chief to give an interview to the radio channel of Malaysian Anti-Corruption Commission
Bangkok July 2018, ICAC Commissioner Simon Peh leaves a message in the guestbook at the Public Sector Anti-Corruption Commission of Thailand. Bangkok July 2018, Staff of UNODC Regional Office for Southeast Asia and the Pacific introduces to ICAC delegates their collaborations with anti-graft bodies in the region
Hanoi July 2018, Representatives of the ICAC and the Government Inspectorate of Vietnam exchange anti-corruption experience. Phnom Penh July 2018, ICAC delegates tour the computer case management system of Cambodian Anti-Corruption Unit
Naypyidaw April 2018, Officials of the Anti-Corruption Commission of Myanmar discuss their training needs with ICAC delegates. Kuala Lumpur April 2018
Kuala Lumpur April 2018, ICAC Commissioner Simon Peh is the first anti-graft agency chief to give an interview to the radio channel of Malaysian Anti-Corruption Commission
Bangkok July 2018, ICAC Commissioner Simon Peh leaves a message in the guestbook at the Public Sector Anti-Corruption Commission of Thailand
Bangkok July 2018, Staff of UNODC Regional Office for Southeast Asia and the Pacific introduces to ICAC delegates their collaborations with anti-graft bodies in the region
Hanoi July 2018, Representatives of the ICAC and the Government Inspectorate of Vietnam exchange anti-corruption experience
Phnom Penh July 2018, ICAC delegates tour the computer case management system of Cambodian Anti-Corruption Unit

Ethical business practices – staying aloof is not a solution

Hong Kong is seeing unprecedented business opportunities in the context of the Belt and Road Initiative. Equally exciting are the Free Trade Agreement (FTA) and a related investment agreement between Hong Kong and the Association of Southeast Asian Nations (ASEAN) which will come into force in January 2019. All these will bring about better market access to ASEAN's dynamic economies and opportunities for further expansion for Hong Kong enterprises.

While Hong Kong is globally recognised as a level playing field for business, it is not enough just to take good care of ourselves. In order to take full advantage of the enormous economic potentials and for everyone to benefit from the long-term business prospects, we also need to count on partners with ethical business practices. The Hong Kong ICAC, in full compliance with the United Nations Convention against Corruption (UNCAC), has been reaching out to assist anti-graft agencies of other countries in capacity building and cement cooperation in the fight against corruption.

Hong Kong-asean trade relations

As early as March 2016, senior representatives of the ICAC had conducted briefings on forensic accounting investigation, asset recovery and public private partnership on corruption prevention for the Corruption Eradication Commission (KPK) in Jakarta, Indonesia. And just last month, the ICAC received 12 prosecutors from the KPK and the Attorney General's Office of Indonesia for a two-day training programme.

In April and July this year, ICAC Commissioner Simon Peh Yun-lu led two high-level delegations to visit five of the 10 ASEAN member states, namely Cambodia, Malaysia, Myanmar, Thailand and Vietnam, to initiate talks with local anti-corruption agencies on collaboration in training for capacity building.