You are confident of having controls in place in your business.
At the last CEO breakfast meeting, I was amused to hear the following table talk. “What do you think of misdeeds in US companies? So many cases of fraud. Is it greed only or, something else?”
“I don’t think we have to worry about it – this is Singapore.”
“Yes, there is no room for it in our clean environment. US companies have grown too big to manage. And, it is a society of mixed cultures.”
All of us believe (rather strongly believe) that the reputation earned by Singapore as that of being squeak-clean is a boon.