On October 7, 2020, Mr. Kambayashi, the CEO of Likearisingsun, held a webinar on MACC hosted by BERJAYA SOMPO INSURANCE. Thank you very much for many participants and proactive questions.
「Amendments to Bribery Regulations in Malaysia」
by Yoshiyuki Kambayashi (CEO, Likearisingsun Sdn Bhd)
Date & Time: October 7, 2020 (Wed) 10:00-11:30
Summary of seminar ：
Recognizing that corruption is one of the causes of economic stagnation in Malaysia, the country is committed to combating corruption, and from 1 June 2020, amendments to the Malaysian Anti-Corruption Commission Act have been enacted to make companies and directors, in addition to the employees themselves, liable for corruption.
※ The Malaysian Anti-Corruption Commission Act 2009 (“MACCA”) Malaysian Anti-Corruption Commission Act 2009 (“MACCA”)
This seminar provided an overview of the MACCA Amendment Act, the whistleblower system, and the procedures for internal hearings in the event of a violation of MACCA, as well as other important points that Japanese companies operating in Malaysia should keep in mind.