| ICDM

国内企业界关注的反贪新法——2009年大马反贪污委员会法令第17A条文（企业责任），已如期在今年6月1日正式实施。

根据修改后的17A条文，雇员若涉及行贿，公司乃至董事也可受到对付，而且刑罚相当严重，罪成者罚款最低100万令吉，监禁最高达20年，或两者兼施。

但是，普华永道（PwC）指出，按照该公司今年3月公布的《2020年全球经济犯罪与舞弊调查-马来西亚报告》结果，不少大马企业似乎准备不足，没办法赶得及在6月1日前，制定符合反贪会定义为“适当程序”的内部反贪措施。

打击贪污人人有责，企业更是责无旁贷，因此，时至今日仍未做好反贪法17A功课的公司，可能会为此付出沉重代价。

Being a member of a corporate board is no easy task. In most cases, high-flying, overachieving executives are asked to occupy a seat, instead of the other way around. But what if someone feels like they’re ready to take on such a role? As FastCompany points out, there is in fact a guide on how to get noticed for this prestigious position.

ICDM has urged companies to perform risk-based assessments involving their exposure to corruption, which will enable firms to implement policies that are suitable for the organisation. This comes after Section 17A of the MACC Act came into effect in June, making companies liable if employees are involved in corruption.

Content over form is important, so substance over form right. We are not so hung up about the 1st June headline so much as making sure that companies and boards themselves who obviously have to drive this, are aware of what adequate procedures are adequate enough in their particular companies in order to minimise corruption.

Improving the pool of directors – it has stagnated for a while with the same people sitting on the same boards. This means diversity, and not just gender – age is a big part that we also need to bring down that average age.

This story was first aired on BFM 89.9.

ICDM sees itself playing an integral role in helping companies recover from the crisis firstly through a strategic pivot of their business models and long-term planning and these are crucial for companies to ensure their survival and to achieve sustainable success.

The Institute of Corporate Directors Malaysia (ICDM or the organisation) today announced its performance results and shared key organisational highlights, especially pivoting their efforts to cater to the needs of boards and directors over the last 18 months.

Despite the disruptions experienced, Lim sais ICDM persisted in its efforts to maintain the discipline of announcing its yearly performance results, remaining compliant with governance best practices and adhering to international disclosure standards and compliance.

KUCHING: The Institute

ICDM has close to 400 qualified director candidates in its registry, 33% are women and 64% below the age of 60

by ASILA JALIL / pic by MUHD AMIN NAHARUL

Institute of Corporate Directors Malaysia (ICDM) president and CEO Michele Kythe Lim noted that board readiness and competency are keys to a company’s success over the long term.

PETALING JAYA: With growth expected to be gradual for most businesses post-movement control order (MCO), it is imperative that boards and directors ref

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