MCCG Revision 2021 – Changing the Game in Corporate Governance

Due to the overwhelming responses we have received for the programme, we will be conducting another session on 23 July 2021, 9.00am to 11.00 am.

The Securities Commission (SC) Malaysia has observed encouraging adoption of the Malaysia Code on Corporate Governance (MCCG) by listed companies since the last update in 2017, with majority of the best practices recording adoption levels of more than 70%. The 2021 version seeks to further strengthen the corporate governance culture through board leadership and oversight of sustainability, especially as companies continue to navigate through the prolonged pandemic recovery period. Led by our experienced faculty Cheryl Khor, the 2-hour session will explore recent revisions that were introduced and provide better understanding on the key enhancements made, newly introduced sustainability guidelines, improvements needed within CG report disclosures, as well as an overview on the various methods that can improve stakeholder communication. The session will also tackle the hard pragmatic questions around adoption of these revisions beyond that of a ‘tick-the-box exercise’ and facilitate better awareness on how the changes can help support companies create better meaningful value in the long-term and improve corporate performance. We will also draw focus to the role of the Nomination Committee (NC) Chair which has been given more prominence in this updated MCCG, in line with global practices – reviewing the key roles and responsibilities of the NC, as well as the key Board enablers such as board effectiveness assessments, independent board placement/sourcing and board development programmes.

Learning Outcomes

• Describe key enhancements made to MCCG 2021
• Explore a new section on sustainability to strengthen oversight of sustainability risks and opportunities
• Identify areas of improvements needed within your board policies and practices, and quality of CG Report disclosures
• Adapt various methods of communication to promote meaningful engagement between the company and its stakeholders

Target Audience

• From Aspiring to Senior Directors

Virtual Classroom Format
	Interactive Facilitated Learning