This full day session is aimed to familiarise

Events

Corporate Liability - Section 17A of the MACCA 2018

  • Workshop
  • 01 Oct 2019 09:00 AM
  • to
  • 01 Oct 2019 05:00 PM
Corporate Liability - Section 17A of the MACCA 2018
  • Malaysian Institute of Corporate Governance (MICG)
  • Malaysian Institute of Corporate Governance (MICG)
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This full-day session is aimed to familiarise participants with the Corporate Liability Provision and its implications to commercial organisations, their Partners, Directors and Management. The main focus is on the implication of the Corporate Liability Provision, the extent of its coverage, overview of the Ministerial Guidelines issued by the Minister in the Prime Minister’s Office on developing Adequate Procedures, the “lines of defence” available to those charged with governance (i.e. the Partners, Directors and Management). Case studies will also be discussed to elucidate the implication of this Corporate Liability Provision to better prepare stewards of commercial organisations against prosecution. More importantly, the Facilitator will share with participants on a “step-by-step” approach on how to develop such Adequate Procedures in line with the 5 Principles promulgated by the Ministerial Guidelines as well as excerpts of the ISO37001:2016 Anti-Bribery Management System. Other legislations like the Companies Act 2016 and the Malaysian Code on Corporate Governance, insofar as they relate to equivalent offences, the UK Bribery Act 2010 and the US Foreign Corrupt Practices Act 1977 will also be discussed in conjunction with the Corporate Liability Provision.

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