Introduction and Managing Corporate Liability
Introduction and Managing Corporate Liability
Course Overview
What you'll learn
The programme aims to provide delegates with the knowledge and ability to
- Describe the rationale and requirements of Section 17A of MACC Act
- List the adequate procedures principles as a defence which can be used to protect organization and top management from the corporate liabilities
- Review types and methods of controls and best practices that can be developed and implemented in business activities
- Recognize the need to improve and evaluate business activities to ensure compliances and meet business acumen
Who This Course Is For
Senior Management, Compliance Officers, Risk Managers, practitioners and individuals who oversee and concerned about corporate governance and ethics in their organization
About this course
Since 1st June 2020, the Malaysian Anti-Corruption Commission Act 2009 (MACC Act) has introduced Section 17A, corporate liability provision for bribery and corruption.
This Section 17A was enacted to enable organizations involved in corruption activities to be subjected to legal action and persons associated with the organizations will be deemed to commit the corresponding offence unless it can be proven that adequate procedures have been put in place.
This course is aimed at helping organizations to have more in depth knowledge about corporate liability and understanding what are the adequate procedures that should be implemented to prevent the occurrence of corrupt practices in relation to their business activities