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Briefing

CORPORATE
CORPORATE LIABILITY PROVISION – What it means For Business and Introduction to ISO 37001: Anti-Bribery Management System
Date : March 27, 2019
Time : 09:00 AM - 01:00 PM
Venue : Ipoh - FMM Perak
Country : Malaysia

CORPORATE LIABILITY PROVISION – What it means For Business and Introduction to ISO 37001: Anti-Bribery Management System

Corporate Liability Provisions come into effect on June 1, 2020 under New Section 17A Malaysian Anti-Corruption Commission (Amendment) Act 2018.

® The Provisions are similar to the UK Bribery Act 2010 and US ForeignCorrupt Practices Act 1977 which hold a commercial organisation liable for their employees and/or associates’ corrupt practices carried out for the organisation’s benefit or advantage.

® The Provisions apply to corrupt activities by companies and partnerships, regardless of size, carrying out business in Malaysia and, in certain circumstances, overseas.

® Penalties, upon conviction, may entail a fine ten (10) times the value of gratification or RM1 million, whichever is higher, and/or a jail sentence not exceeding 20 years.

The ONUS of proof is on the company.

Companies need to put in place adequate procedures to prevent corrupt practices in their organisation and associates to avoid risks of liability and penalties.

There are Guidelines on understanding “adequate procedures”. The ISO37001: Anti Bribery Management System is one such initiative towards ensuring adequate procedures are in place in an organisation.

Please attend our half day seminar on March 27, 2019(Wednesday) to understand the provisions & adequate procedures and learn from practical experience.

Click to download our brochure for more information.


  Registration Fee (Per Participant)
No. of ParticipantsMemberNon Member
1 RM 106.00 RM 159.00
Registration Deadline: March 20, 2019
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