Risk management during the coronavirus

Coronavirus (COVID-19) has suddenly emerged as a critical risk factor for businesses around the world.

Since the outbreak started in China late December 2019, many Chinese companies and multinationals with offices in China have been facing stress as a result of several regulations that need to be met.

In this article, compliance professional Vicky Yu describes what she experienced at the start of the coronavirus epidemic and shares some insights on how to build a robust system from a risk management perspective to reduce impacts in emergency situations like this.

Language: English

Author

Vicky Yu

Vicky Yu is the Compliance and Quality Manager for Asia Quality Focus focusing on the company’s anti-corruption and internal monitoring solutions. Coming from a background of business development, she has an in-depth understanding of clients and aims to bring the client-focus mindset into compliance. Based in Shenzhen, China, Vicky sees compliance as a key element to enable a trustworthy and sustainable relationship among businesses, employees and customers.