Implementing Corporate Liability Controls and Best Practices (for Sect 17A of MACC Act)
Implementing Corporate Liability Controls and Best Practices (for Sect 17A of MACC Act)
Course Overview
What you'll learn
The programme aims to provide delegates with the knowledge and ability to:
- Identify internal gap and controls needed to improve effectiveness of bribery risks management framework
- Develop series of clear policies and procedures that ‘adequately’ address bribery risks
- Establish instructional tools to communicate the organization’s policies and commitments on anti-corruption to both internal and external parties
- Design platform to review, measure, report and improve performance of anti-bribery programme
Who This Course Is For
Senior Management, Corporate governance practitioners, Compliance Officers, Risk Managers and individuals who are responsible to establish and maintain business free from corrupt practices
About this course
Reasonable and proportionate measures is needed to ensure business do not participate in corrupt activities. This measure commonly take in the form of policies and procedures.
In the event that an organization is found liable under Section 17A of the MACC Act, this provision provides that the organization having ‘adequate procedures’ can raise it as a defence against corporate liability.
Therefore, organization needs to develop suitable controls and practices to be used to protect organization and top management from these liabilities.