Are you TRUST-ready? According to Malaysian Anti-Corruption Commission (MACC)’s Guidelines on Adequate Procedures pursuant to Section 17A (5) of the MACC Act, a commercial organisation must set in place a compliance programme encompassing 5 key principles (T.R.U.S.T.) to prevent a corporate liability charge:
T = Top Level Commitment
R = Risk Assessment
U = Undertake Control Measures
S = Systematic Review, Monitoring and Enforcement
T = Training and Communication
Does your existing compliance programme echo the TRUST principles? If not, the clock is ticking for you to fortify your procedures from start-to-finish, in light of the looming deadline as the current enforcement date is set on 1 June 2020. Join us as we dissect anti-bribery and corruption matters, and what you need to know about having an effective compliance programme in place at your organisation.
In this webinar, we will address various topics from the perspective of Malaysia, Singapore, and English law, including:
The requirements of the Malaysian Anti-Corruption Commission (MACC) Act and its implications for corporations in Malaysia;
The test for “adequate procedures” in a compliance program, taking guidance from similar provisions in the UK Bribery Act and recent enforcement trends; and
Steps to Take to Safeguard Your Company’s Position.
LAW Partnership (Malaysia), associated firm of Eversheds Harry Elias LLP
Brian is a Partner in LAW Partnership and is well-recognised in the areas of Intellectual Property (IP) and Corporate Investigations. Brian has conducted several cross-border investigations in Singapore, China, Malaysia and Russia for issues relating to corporate governance and breach of directors’ duties.
Brian is highly experienced in corporate compliance, regulatory and enforcement matters. He has assisted clients in formulating anti-bribery audit and compliance programmes. These programmes are aimed at preventing corporate liability charges in line with the Malaysian Anti-Corruption Commission (MACC)’s Guidelines on Adequate Procedures pursuant to the MACC Act.
He co-heads the IP Practice Group and was responsible for the success of complex, high-profile IP enforcement raids and corporate investigation matters locally and regionally across China, Singapore, Brunei Darussalam and Indonesia.
Eversheds Sutherland (UK)
Emma is a Partner with the Global Compliance and Investigations Practice Group based in London.
She specialises in cross border investigations involving financial crime issues including bribery and money laundering and liaises with various enforcement agencies and regulators such as the UK Serious Fraud Office, the UK Financial Conduct Authority and the US Department of Justice.
Emma regularly gives opinions on financial crime, money laundering, bribery and third-party payment issues including in relation to whistle blowing and self-reporting. Stress testing anti-bribery and anti-money laundering systems and controls against the UK Bribery Act, the UK Joint Money Laundering Steering Group guidance and other regulatory requirements is a significant part of Emma’s practice and she leads audits of client’s operations into such regulatory issues.
Eversheds Harry Elias LLP (Singapore)
Weiyi is a Partner with the Global Compliance and Investigations Practice Group.
Weiyi specialises in complex cross-border disputes and corporate investigations. Weiyi advises and represents clients in investigations and enforcement actions, focused on corruption, financial fraud and other white-collar criminal offences.
She has advised multinational companies and financial institutions on cross-border investigations and assisted them with their response to investigations and prosecution by foreign and local enforcement authorities, such as the US Department of Justice, UK Serious Fraud Office, and the Monetary Authority of Singapore. She also regularly advises corporations on anti-bribery compliance and assists them with the design and development of compliance programmes to address anti-bribery risks.
Weiyi is a Certified Fraud Examiner (CFE) with the Association of Certified Fraud Examiners (ACFE) and the President of the ACFE Singapore Chapter. She is also a Certified Privacy Manager (CIPM) with the International Association of Privacy Professionals (IAPP) and regularly advises on privacy issues in the context of internal investigations and regulatory disclosures.