Safeguarding the Business: Section 17A

Section 17A will come into force soon, implementing a strict liability offence for commercial organisations failing to place “adequate procedures”. This half-day online course will give emphasis on the elements of anti-corruption and adequate procedures, as well as shed light on the practical steps to address Section 17A.

Learning Outcomes

• Identify corrupt practices and actions to prevent, including best practices for compliance programmes and how they would fit in the ‘adequate procedures’ defence, drawing from the guidelines provided by the Malaysian Anti-Corruption Commission, United States Department of Justice and United Kingdom Serious Fraud Office
• Review the ‘adequate procedures’ and how these ties into global standards on anti-corruption and the ‘failure to prevent’
• Interpret and analyse the requirements of Section 17A of MACC Act, including the TRUST principles and how these fit into wider patterns of individual liability in business
• Review of how we assess cultural patterns of misconduct to prevent corrupt activity which may lead to individual liability how these can be minimized, and what controls can be implemented to demonstrate adherence to the adequate procedures
• Discuss the creation of adequate Governance, Risk and Compliance frameworks and oversight to minimise legal and regulatory risk

Target Audience

• Aspiring directors, newly appointed directors, experienced ones who wish to refresh knowledge on Section 17A of MACC Act

Virtual Classroom Format
	Interactive Facilitated Learning