Section 17A came into force on 1st June 2020, establishing strict liability for commercial organisations failing to establish the “adequate procedures” needed to prevent corruption being used to the advantage of the company. Prosecutions can target directors and top management, and have already begun.

This half-day online course explores how this new anti-corruption legislation works, what directors should be focusing on, and how anti-corruption compliance systems can be enhanced to maximise their effectiveness particularly through the use of advanced technology. International and local best practice for directors will also be considered, with case studies showing how companies have got it wrong before and red flags to look out for. The session includes facilitated discussion with other directors to explore how best to oversee the anti-corruption programme.

 

Learning Outcomes

  • Recap on MACCA Section 17A and how directors can play their role well in managing corruption risk
  • Identify innovative ways and new technologies to be used to monitor the anti-corruption programme
  • Discuss the ideas of applying effective oversight for the programme

 

Who is this Programme For?

Aspiring Directors and New Directors

Virtual Classroom Format
4 hours (30 minutes Virtual Networking Break)
Interactive Facilitated Learning
ICDM Virtual Classroom
07 May 2021
8:30 AM - 12:30 PM
Dr Mark Lovatt, CEO of Trident Integrity
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Programme Outline

The Organiser reserves the right to alter the content and timing of the programme as it deems fit and is not responsible for cancellations due to unforeseen circumstances.

Friday | 7 May 2021 (Facilitator: Dr Mark Lovatt)
8.30 amIntroduction and Housekeeping
8.40 amMACC Act 17A: corporate liability for corruption offences
9.10 am

Best practice for directors when overseeing the programme

  • Guidelines from the Malaysian Government, UK Bribery Act and US FCPA
  • International case studies: what went wrong and what can be learned?
10.00 amVirtual Break
10.30 am

Overseeing the programme

  • Audit vs. Risk: which board committees should do what?
  • How should Compliance, Internal Audit, Legal, Integrity & Governance Units etc. support the board?
  • Sample governance structure with reporting lines
11.00 am

Maximising effectiveness of the anti-corruption programme

  • Testing the effectiveness of the programme: A sample plan
  • Indicators to be used for measuring the programme’s effectiveness
  • Advanced technology: how can data analytics, artificial intelligence and blockchain be used to strengthen integrity, governance and anti-corruption?
  • Red flags to look out for which indicate the programme is not working
12.00 pmOpen discussion / brainstorm: What questions should directors be asking, and what answers should they expect?
12.15 pmQuestion & Answer
12.30 pmProgramme Ends

Speaker

Dr. Mark Lovatt
Dr. Mark Lovatt , ICDM
Anti-Corruption Specialist, CEO & Lead Consultant, Trident Integrity Solutions Sdn Bhd Secretary-General, BIA, Malaysia