Malaysian Anti Corruption Commission Act Section 17a

Transparency international malaysia ti malaysia is calling for the implementation of section 17a of the malaysian anti corruption commission macc act 2009 in june 2020 as promised to fight corruption involving business organisations.

Malaysian anti corruption commission act section 17a. Picture by yusof mat isa. The date of enforcement was issued by the power of the minister in the prime minister s department parliament and law datuk takiyuddin hassan through the federal government gazette p u b 247. The malaysian anti corruption commission s logo is seen in putrajaya june 21 2017. It directly addresses corporate liability for corruption in the same manner as the uk act but it goes further than that.

On 6 may 2020 the chief commissioner of the malaysian anti corruption commission macc datuk seri azam baki said that the macc was studying a proposal to suspend and or delay section 17a of the macc act 2009 for approximately one 1 year to allow commercial organizations to re establish their businesses in light of the covid 19 pandemic and the movement control order. The updated section 17a of the malaysian anti corruption commission amendment act 2018 which has been enacted in may 2018 addresses corporate liability for corruption offences in commercial organisations. The new provision section 17a of the malaysian anti corruption commission macc act 2009 amendment 2018 on corruption offenses by commercial organisations comes into force today 1st june 2020. In a statement ti malaysia said that under section 17a of the macc act a commercial organisation can be found guilty if individuals.

The new section 17a of the malaysian anti corruption commission act takes a leaf out of the uk bribery act which many international businesses are familiar with. The enforcement of section 17a is effective from 1 june 2020. Kuala lumpur may 6. On 21 5 2020 the prime minister s office announced that section 17a of the malaysian anti corruption commission act 2009 macc act remains on course to be implemented on 1 6 2020 despite requests from businesses for its implementation to be put on hold due to the covid 19 pandemic.

Prior to the introduction of section 17a the macc act had only primarily focused on the prosecution of natural persons who. 3 november 2020. Kuala lumpur june 1 section 17a of the malaysian anti corruption commission macc act 2009 amendment 2018 which comes into force today will encourage business activities with good integrity and promote good corporate governance practices. The malaysian anti corruption commission act 2009 macc act has been amended to introduce corporate liability provision for bribery and corruption under section 17a of the macc act which came into effect on 1st june 2020.