Commercial Organizations’ Criminal Liability for the Corrupt Practices

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MACC Act 2009 Section 17A, as stated in MACC Amendment Act 2018 was effective on 1st June 2020. The impact on businesses and top management can be major if you are not well prepared to ensure your employees, business associates and business activities are compliant to the law.

Businesses should start reviewing their business activities and key risk areas because corruption could happen anywhere at any time internally or externally. Heavy penalty imposed (up to 20 years jail term) upon failure to comply with the rules and regulation.

 

Brochure

— Course Fee: RM 790.00 (Inclusive of 8% Service Tax) —

What Will You Learn?

  • Understand the law requirements in order to be well-equipped to combat corruption to prevent both financial and reputational damages for your company.

Combating and Preventing Corruption 

  • Introduction – Definition of Bribery and Corruption
  • Local Legislations on Bribery and Gratification

Laws Pertaining to Anti-Bribery and Anti-Corruption

  • Section 17A of MACC Amendment Act 2018
  • Understanding Corporate Liability Provision Under Section 17A of MACC Amendment Act 2018

International Laws

  • Foreign Corrupt Practices Act 1977 (US)
  • The Bribery Act 2010 (UK)
  • Other relevant Organizations and Acts (SOX, Transparency International UK, SEDEX)

Case Studies

  • UK, US, Singapore and Malaysia
  • Q&A session