From 1 June 2020, the MACC (Amendment) Act 2018 will come into force, introducing corporate liability for corruption offences for the first time in Malaysia under Section 17A. The Act means that company directors and senior management will be held personally liable for acts of corruption committed by the company, either by their own personnel or by parties acting on behalf the organisation. Penalties include fines and prison sentences of up to 20 years for those in charge of the business. However, companies that have been proactive in preventing corruption occurring can present the defence of having “adequate procedures” in place, to prove the necessary measures were taken to prevent the incident happening, and therefore those in charge should not be held liable. 

Join us at ALB 1-Day Advanced Masterclass on Preparing for Corporate Liability for Corruption Offences to learn the Practical methods and Adequate Procedures of effective Anti-Bribery Management Systems that your company can readily put in place. The class is based on official Malaysia's Government guidelines and cross-referenced to ISO 37001 and other international best practices.

COURSE OBJECTIVES

The workshop will explain the Amendment, along with related international legislation, and guide participants how to establish the necessary adequate procedures using the official Malaysian Government guide published by the Prime Ministers Department. Delegates will be equipped with an in-depth understanding of the new legislation, what the adequate procedures should require in practice, and direction on how to set up the main procedures with reference to ISO 37001. 

COURSE CONTENTS

• Anti-corruption legislative landscape: Malaysian and international laws covering corporate liability for bribery offences
• Case study: how a corruption incident can affect a global MNC
• The adequate procedures: applying the five T-R-U-S-T principles
• Introduction to ISO 37001, cross-referenced to the "adequate procedures" requirements 

LEARNING OUTCOMES

By attending this course, the participants will be able to:

• Understand how corporate liability for corruption works and what adequate procedures are needed to protect the company
• Examine the case study of an international company which have been hit by a corruption scandal, with lessons learned
• Develop an understanding on the components of an effective business integrity system based on the official Government guidelines, cross-referenced to ISO 37001 and international best practice

WHO SHOULD ATTEND

• In-House Counsel • Chairmen, Directors, Chief Executive Officers, Vice Presidents, General Managers • Chief Finance Officers • Chief Operations Officers • Compliance Officers • Governance Professionals • Head of Legal/Strategy • CSR/Audit/Integrity and Compliance Personnel • Company Secretaries

TESTIMONIALS

"Interesting and engaging, and the exercises were good. I learned a lot from the trainer and my fellow participants." 

"Excellent training in helping participants to put in place ISO 37,001 and adequate procedures." 

"This is a really good course to understand the Corporate Integrity System and ISO 37,001 requirements. Excellent!" 

"The exercises… helped me to immediately apply the knowledge and gain a better perspective on its applicability."