The MACC’s Corporate Liability on Corruption

Anti Corruption Training in Malaysia

Anti Corruption Training in Malaysia

Corporate Liability on Corruption Provisions came into effect on June 1, 2020 under the New Section 17A Malaysian Anti-Corruption Commission (Amendment) Act 2018, which holds commercial organizations liable for their employees and/or associates’ corrupt practices carried out for the organisation’s benefit or advantage

Essentially, when a person associated with a company commits a corrupt act to obtain a business advantage, this will expose the company to committing a criminal offence. This will then have serious repercussions on the directors and management of the company. All commercial organizations in Malaysia are affected by the Malaysia Anti-Corruption Commission (Amendment) Act 2018. Breach of this provision can lead to a minimum fine of RM1 million and/or a jail term of up to 20 years.

When this offence is committed by a commercial organization, the Director, Controller, Officer, Partner and persons managing the affairs (Management) of the company are deemed to have committed the offence.  

What we Offer

  • The Current Law on Corporate Liability on Corruption in Malaysia
  • Enforcement on 1 st June 2020. Is it on?
  • Latest Updates
  • Publications
  • PowerPoint mini-series training
  • Video tutorials
  • Webinar – live training sessions
  • Sample Documents: Anti-Corruption Pledge, Code of Conduct & Practice, Whistle
    Blowing Policy, Procurement Policy, Referral Policy, and more.

For the latest on Corporate Liability on Corruption in Malaysia, click here.

 

Anti Corruption Training in Malaysia

Corporate Liability on Corruption Provisions came into effect on June 1, 2020 under the New Section 17A Malaysian Anti-Corruption Commission (Amendment) Act 2018, which holds commercial organizations liable for their employees and/or associates’ corrupt practices carried out for the organisation’s benefit or advantage

Essentially, when a person associated with a company commits a corrupt act to obtain a business advantage, this will expose the company to committing a criminal offence. This will then have serious repercussions on the directors and management of the company. All commercial organizations in Malaysia are affected by the Malaysia Anti-Corruption Commission (Amendment) Act 2018. Breach of this provision can lead to a minimum fine of RM1 million and/or a jail term of up to 20 years.

When this offence is committed by a commercial organization, the Director, Controller, Officer, Partner and persons managing the affairs (Management) of the company are deemed to have committed the offence.  

What we Offer

  • The Current Law on Corporate Liability on Corruption in Malaysia
  • Enforcement on 1 st June 2020. Is it on?
  • Latest Updates
  • Publications
  • PowerPoint mini-series training
  • Video tutorials
  • Webinar – live training sessions
  • Sample Documents: Anti-Corruption Pledge, Code of Conduct & Practice, Whistle
    Blowing Policy, Procurement Policy, Referral Policy, and more.
 

Anti Corruption Training in Malaysia

Corporate Liability on Corruption Provisions came into effect on June 1, 2020 under the New Section 17A Malaysian Anti-Corruption Commission (Amendment) Act 2018, which holds commercial organizations liable for their employees and/or associates’ corrupt practices carried out for the organisation’s benefit or advantage

Essentially, when a person associated with a company commits a corrupt act to obtain a business advantage, this will expose the company to committing a criminal offence. This will then have serious repercussions on the directors and management of the company. All commercial organizations in Malaysia are affected by the Malaysia Anti-Corruption Commission (Amendment) Act 2018. Breach of this provision can lead to a minimum fine of RM1 million and/or a jail term of up to 20 years.

When this offence is committed by a commercial organization, the Director, Controller, Officer, Partner and persons managing the affairs (Management) of the company are deemed to have committed the offence.  

What we Offer

  • The Current Law on Corporate Liability on Corruption in Malaysia
  • Enforcement on 1 st June 2020. Is it on?
  • Latest Updates
  • Publications
  • PowerPoint mini-series training
  • Video tutorials
  • Webinar – live training sessions
  • Sample Documents: Anti-Corruption Pledge, Code of Conduct & Practice, Whistle
    Blowing Policy, Procurement Policy, Referral Policy, and more.
  • Anti Corruption Training in Malaysia
Anti Corruption Training in Malaysia

Anti Corruption Training in Malaysia

Corporate Liability on Corruption Provisions came into effect on June 1, 2020 under the New Section 17A Malaysian Anti-Corruption Commission (Amendment) Act 2018, which holds commercial organizations liable for their employees and/or associates’ corrupt practices carried out for the organisation’s benefit or advantage

Essentially, when a person associated with a company commits a corrupt act to obtain a business advantage, this will expose the company to committing a criminal offence. This will then have serious repercussions on the directors and management of the company. All commercial organizations in Malaysia are affected by the Malaysia Anti-Corruption Commission (Amendment) Act 2018. Breach of this provision can lead to a minimum fine of RM1 million and/or a jail term of up to 20 years.

When this offence is committed by a commercial organization, the Director, Controller, Officer, Partner and persons managing the affairs (Management) of the company are deemed to have committed the offence.  

What we Offer

  • The Current Law on Corporate Liability on Corruption in Malaysia
  • Enforcement on 1 st June 2020. Is it on?
  • Latest Updates
  • Publications
  • PowerPoint mini-series training
  • Video tutorials
  • Webinar – live training sessions
  • Sample Documents: Anti-Corruption Pledge, Code of Conduct & Practice, Whistle
    Blowing Policy, Procurement Policy, Referral Policy, and more.
  • Anti Corruption Training in Malaysia
Anti Corruption Training in Malaysia

Anti Corruption Training in Malaysia

Corporate Liability on Corruption Provisions came into effect on June 1, 2020 under the New Section 17A Malaysian Anti-Corruption Commission (Amendment) Act 2018, which holds commercial organizations liable for their employees and/or associates’ corrupt practices carried out for the organisation’s benefit or advantage

Essentially, when a person associated with a company commits a corrupt act to obtain a business advantage, this will expose the company to committing a criminal offence. This will then have serious repercussions on the directors and management of the company. All commercial organizations in Malaysia are affected by the Malaysia Anti-Corruption Commission (Amendment) Act 2018. Breach of this provision can lead to a minimum fine of RM1 million and/or a jail term of up to 20 years.

When this offence is committed by a commercial organization, the Director, Controller, Officer, Partner and persons managing the affairs (Management) of the company are deemed to have committed the offence.  

What we Offer

  • The Current Law on Corporate Liability on Corruption in Malaysia
  • Enforcement on 1 st June 2020. Is it on?
  • Latest Updates
  • Publications
  • PowerPoint mini-series training
  • Video tutorials
  • Webinar – live training sessions
  • Sample Documents: Anti-Corruption Pledge, Code of Conduct & Practice, Whistle
    Blowing Policy, Procurement Policy, Referral Policy, and more.
  • Anti Corruption Training in Malaysia
Anti Corruption Training in Malaysia