Webinar Recording: Bribery and Corruption; “Every person [in Malaysia] should be a front-liner”

Shamshun Baharin, who is due to retire in September, has urged Malaysians to play their role in battling any method of bribery and corruption. Shamshun Baharin insists that every person should be a “frontliner” in the battle against the bribery and corruption as any data directed or reported to the MACC would aid in overseeing investigations thus minimizing the gaps in unethical organisations and individuals.

The Anti-Corruption Agency (ACA) was notably a strong effort by the MACC to promote transparency and minimize the consequences of bribery and corruption to the Malaysian working citizen as well as the economy but now, Shamshun Baharin is asking for more to be done. Having presented the issue of bribery and corruption to the then prime minister Tun Abdullah Ahmad Badawi in roughly 2009, Shamshun Baharin proceeded on the development of the IT system known as the Corruption Reporting Information System (CRIS) as well as a multitude of other programmes that have led Malaysian industries to a moral and transparent corporate model.

But crime never stops and the best organisations as well as the public can do is implement methods to help keep the cases of such illegitimate activities as minimal as possible.  When organisations make the decision to make anti-bribery anti-corruption compliance a top priority, the results speak for themselves and Shamshun Baharin’s urging for Malaysia to continue such implementations past his own retirement speaks volumes of its importance.

The ISO approved Anti-Bribery Management System training and certification standard brings together best practices, proven strategies, and elements of the Malaysian Anti-corruption Commission (MACC) Act, U.S. Foreign Corrupt Practices Act, the UK Bribery Act 2010 and other major legislations that aid in curtailing bribery and corruption across the spectrum.

The anti-bribery management system is a cornerstone of a strategic approach to bribery risk identification and subsequent mitigation of bribery risks. For instance, knowledge of a risk is a necessary factor for the effective management process of such risks. Additionally, using the tested principles and practices of the ISO anti-bribery management system allows an organization to tailor the recommendations in the ISO anti-bribery management system to its contextual business environment.

Management has a huge role in identification of bribery risks in a bid to maximize an organization’s efficiency and productivity. The ISO certification system offers best strategies to manage an organization in the face of bribery and corruption risks. Of note, ISO: 37001 2016 allows organizations to identify risks and formulate key performance indicators to monitor and evaluate the extent to which an organization acts within the law and conducts ethical business. In sum, the ISO: 37001 2016 certification not only facilitates the war against corruption in business environments but also promotes efficiency and productivity of an organization.

This standard can be used by any organization, large or small and regardless of industry sector. It is a compliant tool, which can be adapted according to the size and nature of the organization and the bribery risk it faces.  But how exactly does the ISO standard benefit organizations? Our course will cover the basics of ISO standards and certifications and benefits such as:

• Supporting organizations to verify, execute, develop, and provide an anti-bribery compliance program fit for their own needs
• Ensuring compliance with global best practices in reverence of anti-bribery good procedures which are already in place
• Promise to executives, investors, company allies, personnel, and other stakeholders that an organization is taking reasonable steps to prevent bribery.
• Commercial advantage, particularly when contracting with other companies operating under strict anti-corruption laws, such as the United States.
• Certification – third parties will be able to certify an organization’s compliance with the standard in the same way that they are certified with other standards such as ISO 9001 and 14001.

This live training course will be running from 15:00 to 17:00 MYT on Thursday the 30th of September; register your place for this course here to make sure that your business is not subconsciously going against its principles. After all, ethical business starts from within.