Beijing

    Although last week’s elections in Greece might not have had the dramatic effect commentators feared, the situation in the Eurozone is still far from stable. With politicians openly discussing the gravity of the crisis and the possible consequences of a Greek exit from the Eurozone, this is a topic that businesses worldwide cannot ignore. Many organisations are therefore developing contingency plans to prepare for major events which might still unfold in Europe.   In this seminar, Peter Goes, partner at Linklaters, will discuss the possible outcomes of an exit of a country as a consequence of the Eurozone crisis. He will explain how each scenario will affect both European and non-European businesses and how companies can prepare themselves. Topics include what will happen to euro denominated contracts and bank accounts upon a country leaving the Eurozone, and how European governments might impose foreign exchange controls in case of an exit.   Location:   No. 61 Dongsanhuan Middle Road, Chaoyang District, Beijing 100022 北京富力万丽酒店 中国北京朝阳区东三环中路61号， 编号100022  

                                                                     Whether through online social networking or face-to-face contact, women are meeting, sharing and connecting in very different way than men. For this reason, and because sometimes it’s nice to be among ourselves, we invite all the women to join us for this first Inter-chamber Ladies Afterwork on Wednesday June 13, from 6:30pm to 9:00pm.   Mingle, make new contacts, develop your network of friends and business partners and share your experience in a relaxed atmosphere! Chamber Members, bring your friends and they can get the member price!   Venue: Scarlett Wine Bar & Restaurant Hotel G, A7 Gongti Xilu, 工体西路甲7号 6552-2880   Price: Member: 100 RMB, non members: 200 RMB (includes drink and tapas)   Date: Wednesday June 13, from 6:30pm to 9:00pm  

                                                                   Dear Members, Dear Friends The China-Italy Chamber of Commerce together with the China-Australia Chamber of Commerce in China, the Swiss Chamber of Commerce in China and the German Chamber of Commerce in China is pleased to invite you to the seminar that will be held in Beijing on June the 7th:   Interchamber Breakfast Seminar - VAT (Valued Add Tax) Pilot Program   Effective from 1 July 2012, Beijing will conduct a VAT pilot program for the services industry (replacing business tax). The VAT pilot program is expected to be modeled on similar reforms which took place in Shanghai earlier this year, the speakers Mr. Lachlan Wolfers and Mr. Martyn Huckerby will share their experiences from implementing the reforms in Shanghai.   While the impact of these reforms for business is likely to be positive, they will have significant consequences not only from a tax perspective, but also for IT systems, supply chain management, contracts and pricing.   During the seminar a first presentation will be discussed by Lachlan Wolfers on: How the VAT reform pilot program operates What actions businesses need to take to deal with the reforms What are the opportunities the reforms present for businesses, particularly with cross-border transactions What are the major risk areas or issues that businesses need to be aware of what is the timing of the VAT reforms spreading across China Following there will be a second presentation by Martyn Huckerby on: issues to consider in looking at how existing contracts will be impacted by the reforms what steps businesses should take now in entering into new contracts ways to maximise the benefits and mitigate the risks of the reforms from a legal perspective. Speakers: Lachlan Wolfers is a Tax Partner with KPMG China, based in Shanghai. He leads KPMG’s Centre of Excellence in Indirect Taxes, and was previously the leader of KPMG’s Indirect Tax practice in Australia. He is both a lawyer and an accountant and has extensive experience with assisting clients with tax reforms across a number of different jurisdictions. Lachlan is a noted speaker and media commentator on tax issues. Martyn Huckerby is a Partner of the Shanghai office of King & Wood Mallesons. Martyn has extensive experience in providing regulatory and corporate law advice to clients in Asia and Europe. Martyn is listed as a leading lawyer in Chambers Asia, PLC Which Lawyer?, International Financial Law Review, Who’s Who of International Competition Lawyers, and Who’s Who of International Regulatory Communications Lawyers. Martyn previously worked in London and Sydney. Language: English Agenda: 08:30 - 08:45 Registration 08:45 - 09:30 Presentation by Lachlan Wolfers & Martyn Huckerby 09:30 - 10:00 Q&A Fee: China-Italy Chamber of Commerce Member: RMB 200 | Non-Member: RMB 400   Venue: SOFITEL Wanda Beijing, Tower C Wanda Plaza, 93 Jianguo Road, Chaoyang District, Beijing 北京万达索菲特大饭店， 中国北京朝阳区建国路93号万达广场C座 Contact: info@cameraitacina.com  Registration: Please send an e-mail to info@cameraitacina.com until June 6th, 2012  

        Dear Members and Friends,   The China-Italy Chamber of Commerce, The Swiss Chamber of Commerce in China, The Swedish Chamber of Commerce in China, The Singapore Chamber of Commerce and Industry in China, The Israel Camber of Commerce are delighted to invite you to a breakfast event on June the 12th:   Cyber Crime - Protecting Against A Growing Threat     Cyber-crime has emerged as one of the top four types of economic crime. Between 2009 and 2011, an increasing number of companies reported that they had fallen victim to cyber-crime. While some of these threats may be discovered during internal auditing procedures, it took a well-known multinational company roughly 10 years to detect that they had been penetrated. Plenty of time for cyber criminals to complete their mission. According to PwC`s sixth Global Economic Crime Survey (GECS), of the respondents who had experienced economic crime, 28% reported damage to employee morale, 19% damage to reputation/brand and another 19% to business relations.   Presentation   Fighting cybercrime from the top Today, most people and businesses rely on the internet and other technologies. As a result, they are potentially opening themselves up the attacks from criminals anywhere in the world. Against a backdrop of data losses and theft, corporate espionage and hacking, PwC looks at the changing threat environment and how traditional defenses are ineffective in stopping today’s sophisticated cyber-attacks. A change in how we react to the threats is required. And that is something that needs to come from the top and from both Government and industry partnerships.   Economic crime is on the rise PwC’s sixth Global Economic Crime Survey (“GECS”) has been completed recently. We have seen a 13% rise in economic crime since our last survey. Organizations, especially those in the financial services (“FS”) industry, see more fraud ahead. The fallout isn’t just the direct costs: economic crime can seriously damage brands or tarnish a reputation, causing organizations to lose market share. As society becomes less tolerant of unethical behavior, businesses need to make sure they are building, and keeping public trust. “Traditional” frauds like asset misappropriation, accounting fraud and bribery and corruption remain the top three that our respondents fell victim to in the last 12 months. 8.00-8.30 Registration 8.30-9:00 Presentation by Brian McGinley, PwC on GECS 9:00-9:45 Presentation by Samuel Sinn, PwC on Cybercrime 9.45-10.00 Q&A Speakers Brian McGinley is a Partner in the Forensic Services practice of the Hong Kong and China firm of PricewaterhouseCoopers. Brian was formerly with the PricewaterhouseCoopers forensic team in the United Kingdom from 1998, where he assisted clients with financial investigations matters, commercial disputes and regulatory compliance issues. In 2003 Brian moved to the PricewaterhouseCoopers forensic team in Hong Kong and since 2007 has been based in Beijing.   Brian advises companies on preventing, monitoring and responding to fraud and corruption issues within the PRC. His experience includes investigations into alleged breaches of the United States Foreign Corrupt Practices Act, employee fraud, asset misappropriation and financial statement fraud investigations and anti-corruption due diligence. Brian has a focus on the pharmaceutical industry in China. He also has significant experience with retail, automotive and technology industries, working for a range of corporate clients, regulators and government bodies throughout Europe, USA, Latin America and Asia.     Samuel Sinn has more than 20 years of experience in providing information security, IT risk management and IT audit services to state-owned enterprises, listed companies and multinational corporations in China, Hong Kong and the United States. He has extensive experience in advising on technology risk management within the financial services industry, as well as exposures to industries, including telecommunication, technology and manufacturing.   Samuel has been working in China for 10 years. He provided IT risk assessments, eBanking security assessments, and IT security strategy advisory services to a number of large local banks as well as provided information systems security management advisory services to the automotive and telecommunication companies. Furthermore, he conducted a vast amount of IT audit work for various large local corporations.   Samuel received a Bachelor degree in Business Administration from the San Francisco State University in the United States. He is a Certified Information Systems Auditor (CISA) and Certified in Risk and Information Systems Control (CRISC) as well as a China Certified Information Security Professional (CISP) and serves as a Director of the Information Systems Audit & Control Association (ISACA), Hong Kong Chapter. We encourage you to bring friends and colleagues and to forward this invitation to your business partners. We also appreciate your ongoing support in introducing new members` prospects to our team.   We look forward to seeing you there!   CICC