The corporate liability provision under Section 17A of the Malaysian Anti-Corruption Commission Act 2009 (the Act) came into force on 1 June 2020. Organisations were given fair warning in the…
While the COVID-19 pandemic has caused supply chain disruptions and a host of other problems for businesses worldwide, companies should be aware that anti-bribery and anti-corruption compliance and enforcement is…
IAF Accredits ABAC™ Center of Excellence’s Anti-Bribery Certification Capabilities ABAC™ Center of Excellence Limited, ISO 37001 certification body, announced that the International Accreditation Forum (IAF) has accredited its ABAC Certification…
In 2016, responding to the need for a global standard to help organisations prevent and detect bribery and corruption, the International Organization for Standardization (ISO) introduced ISO 37001 Anti-Bribery Management…
ABAC® Center of Excellence Sdn Bhd announced today that RM Leopad Sdn Bhd, a Malaysian-based group offering corrosion protection services for the energy industry, has successfully attained ISO 37001:2016 Anti-Bribery…
Mudajaya Group Bhd, a leading construction-property-independent power production company based in Malaysia, has successfully attained ISO 37001:2016 Anti-Bribery Management System certification. The announcement was made by ABAC Center of Excellence Limited…
Preventing bribery and corruption is a global effort that crosses international borders. In just the past few years, many governments have enacted more laws and regulations to reflect that reality.…
Public sector corruption siphons $1.5 trillion to $2 trillion annually from the global economy in bribes and costs far more in stunted economic growth, lost tax revenues and sustained poverty,…
Introduction First-world countries are not immune to the worldwide problem of corruption. As a matter of fact, the United States – considered by many as one of the leaders in…
Case Study | Rolls-Royce and ABAC Policies: Lessons Learned In this ABAC policies case study, we analysed the Rolls Royce performance in terms of anti-bribery and anti-corruption policies within the…