With effect from 1st June 2020, following the introduction of the new Section 17A of the Malaysian Anti-Corruption Commission Act 2009 (“MACC Act”), a commercial organisation will be subject to strict accountability if it does not take reasonable steps to stop a person associated with it from engaging in a corrupt behavior for the organization’s gain. The Commercial Organization’s only means of defence is to demonstrate that, at the time the corrupt behaviour was committed, it had implemented a series of permitted preventive measures suitable for its organisation.
This programme examines how the new anti-corruption law function, the corporate liability and how to operate the anti-corruption compliance system effectively. By using case studies to highlight the red flag signs and lessons learned, the session also includes a discussion of best practices that can be used as a reference. The participants will thereafter acquire useful strategies for managing the anti-corruption programme in their individual organisations.
Learning Outcomes
- Describe the importance of Corporate Liability under Section 17A of Malaysian Anti-Corruption Commission (Amendment) Act 2018
- Discuss the elements of Section 17A and commercial organization involved according to Section 17A
- Explain the details of Adequate Procedures Guideline issued by the National Centre for Governance, Integrity and Anti-Corruption (GIACC
Who is this Programme For?
The programme is targeted but not limited to
- Board of Directors,
- Senior Management of Organisations,
- Chief Compliance Officer
- Legal officer
| Virtual Classroom Format | |
 |
4 hours (25 minutes Virtual Networking Break) |
 |
Interactive Facilitated Learning |
Programme Outline
|
Thursday | 3 November 2022 (Facilitator: Raveen Singh) |
|
| 9.00am | Programme Housekeeping |
| 9.05am | Module 1: Introduction and Background to Corporate Liability Laws |
| 9.30am | Module 2: Definition and Details of Clauses Under Section 17A |
| 10.15am | Virtual Break |
| 10.30am | Module 3: Adequate Procedures (1) |
| 11.30am | Virtual Break |
| 11.40am | Module 4: Adequate Procedures (2) |
| 12.50pm | Q&A Session |
| 1.00pm | End of Programme |
The Organiser reserves the right to alter the content and timing of the programme as it deems fit and is not responsible for cancellations due to unforeseen circumstances.
