Protecting You and Your Organisation with T. R. U. S. T
Protecting You and Your Organisation with T. R. U. S. T
On 1 June 2020, Section 17A of the Malaysian Anti-Corruption Commission (MACC) Act 2009 (Amendment 2018) came into effect. The Act, which provides for corporate and personal liability for corruption committed by employees or associates may be punitive in nature, but at the heart of it intends to encourage businesses to take pre-emptive measures in ensuring their activities are conducted with integrity.
On 21 October, AMCHAM hosted an in-depth discussion with the Malaysian Anti-Corruption Commission (MACC) on the nature and scope of the legal provision, and the need for commercial organizations to ensure adequate corruption prevention procedures are in place.
The session was presented by Jayantha Kumar Sen Gupta, Head of the Community Relations Branch of the Community Education Division of the MACC.
Participants and members are invited to submit any further questions on this legal provision to [email protected].