#MACC section 17A

[kmloi-blog]

When you are a business holder then it becomes important you have knowledge about the compliance management program. If you have not any idea about Whistle Blowing management system, you recommended contacting an expert. There are a lot of companies that have enough knowledge of compliance risk so that they will help you in preventing those risks. "KM Loi & Associates Sdn. Bhd." is one of them. For more information, please feel free to talk to our expert at 6018-9497725.

[birdiejourney-blog]

Do: Your companies have internal dealing? Your companies have efficient control? Malaysian Anti-Corruption Commission (Amendment) Act 2018 (#ActA1567) had decided to insert S. 17A as its new section to look into offences by commercial companies. No matter if you give benefits, possess intent to obtain or retain a business and advantage through people associated to the organization, you are liable to: 1. Fine - not less than 10x from the sum; 2. Fine - RM1.0 million; 3. Imprisonment - not exceed 20 years. Let's practice #transparency. Let's hinder Corporate Liability. Let's Comply to Protect our workplace. #macc #malaysiananticorruption #anticorruption #corruption #saynotocorruption #corporateliability (at Malaysian Anti Corruption Commission (MACC) - Special Ops Division) https://www.instagram.com/p/B1-snJ5HT54/?igshid=vbfemiysi7e2

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Implementing the Compliance Management System

When you are a business holder then it becomes your responsibility to ensure their safety and to maintain a safe environment you should adopt the risk management system in your industries. By this, you could create awareness about the possible risks inside the working premises. You should also get to know about the importance of adopting the compliance management program inside your premises when you don’t have an idea about it you can get the help from the Anti-bribery Management Expert. Because they have enough knowledge of compliance risk so that they will help you in preventing those risks.

How to implement the compliance management system?

Generally, the people expect there should be an effective compliance management system that is to prevent the possible compliance risks inside their premises. To adopt the effective compliance management program they make use of certain business strategies and operations. You should also know about the Whistle Blowing Management System while building your compliance management program. The compliance management program usually focus on three areas, they are as follows;

Board and management oversight:

The board of directors is the people who are responsible for enhancing and managing the compliance management system that is to assure the complete compliance to the labors with the federal consumer protection regulations and laws.

Compliance program:

Each organization should have a well-planned program that should focus on the organization’s compliance activities. The written program will act as a source document that guides the employees. There is an act called MACC Act Section 17A which enforces the law against the commercial offense it is better to know about it.

Compliance audit:

It is just a legal assessment of the organization’s compliance requirements along with the consumer protection laws and regulations.

Bottom lines:

These Guidelines of Adequate Procedures can give you enough ideology on how to implement the compliance management program on your premises.

[kmloi-blog]

Do you want management system and technical advisory services? If yes, you should need to contact a leading company that have a team of experts in this arena. "KM Loi & Associates" is a leading company that can help you to get the best solution. Feel free to contact us at 6018-9497725 or visit our website.

[kmloi-blog]

According to new MACC Act Section 17A, preventing the corruption, bribery, Whistle Blowing and etc problems is the corporate Liability of every organization. If your company is under risk you should be need to contact a leading management system and technical advisory services provider, such as "KM Loi & Associates". We ensure to deliver the excellent services to our customers clients.

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Ideas On How To Conduct The Risk Assessment

We all know that corruption is taking part in a wide way all over the world. If your company is under risk you should be able to know about them. Mainly you have to know at what state they are in the market. Knowing about the Management System will be very much helpful for you and so you can compare them with the market also.

•           The risk assessment will help you in identifying the negative risks that are occurring to your company. If you make the policies of your company in the best way then you can maintain your company also.

•           The MACC section 17A will teach you about everything and also will help you prevent corruption.

•           Corporate Liability involves the need of the people and lowers the risks they face because of the business.

•           You have to know about the risk of corruption and also you have to know about the risk.

•           This risk will affect the company in many ways. Before getting into the risk assessment the company should explain them earlier.

•           The company should be under its ethical standards so that it can be in control.

•           Another way to remove them is the company should follow all the rules and the regulation so that they will not get down.

•           The risk tolerance should be explained by the company before they start with the risk assessment project. When a company is ready to take the risk tolerance then they should be ready with the reduction, avoidance, and acceptance. So that the company can face any sort of drawbacks. In these ways, you can bring the company to an Anti-corruption one.

Bottom line:

These are some of the steps involved in the risk assessment. The only thing that you have to do is you have to have the ideas to overcome it.

[kmloi-blog]

Are you worried to find a leading management consultancy and technical advisory provider firm? Don't waste your time and choose a right firm that have knowledge about MACC Section 17A. KM Loi & Associates is a leading company have suitable expertise to sustain your business needs in all the fields.

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Corporate Liability Malaysia

KM Loi & Associates is a leading company that have experience of years in providing management consultancy and technical advisory services in all fields of management system standards and compliance management system. We offers our services for both the manufacturing and services industries and its related supply chain. We help top management to understand the Corporate Liability Malaysia according to the act. We also provides a comprehensive range of specialised management system training courses, which will empower individuals, teams and organizations to achieve ultimate capacity building and global business excellence.

[kmloi-blog]

Compliance Management System

No doubt, having ethical business administration in a corporate environment is very crucial. As we now, several key corporate issues such as company risk, governance and compliance are faced by companies. In that case, compliance violation can have severe consequences for businesses. So, it becomes important for businesses to ensure that their compliance levels are as high as possible. Although if you want to Compliance Management System services for your organization then "KM Loi & Associates" is the leading company you should contact. We provide a great solutions for your organization needs and will definitely exceed your expectations. We ensure to deliver the best services which are best for the all kind of business.

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Whistle Blowing Management System

There are a lot of factors that can help you to prevent the Whistleblowing. As we know,  for many businesses the term ‘Whistleblowing’ is still seen as a threat.  With the right attitude and appropriate procedure, a whistleblower going public should never need to happen. "KM Loi & Associates" is a leading company that will share the important key steps that can help you manage whistleblowing in the workplace. We provide Whistle Blowing Management System services to our customer clients businesses. If you have any question regarding to our services or advice, feel free to talk our expert or visit our website.

[kmloi-blog]

Looking for the expert in the anti-bribery and corruption laws? Come to the right place. KM Loi & Associates is a leading company that have experience of years in this arena. Our recognized senior compliance experts work to mid to large sized businesses or organizations to help them develop, monitor ethics programs and anti-bribery, corruption and compliance management systems and integrate these systems into their compliance program.

[kmloi-blog]

With the advent of new legislation such as Anti-bribery & Anti-corruption act companies are under pressure to ensure they have adequate policies and procedures in their business to please safeguard against Bribery and Corruption risks. If you are looking for an expert in ABMS Malaysia, you can consider choosing "KM Loi & Associates". We provide excellent solutions to our customer clients with the experience of years in this arena.

[kmloi-blog]

We, "KM Loi & Associates" is a leading company established in 2004, in Subang Jaya, Malaysia that offers management consultancy and technical advisory services to its customers. We help our clients in ISO 37001, ABMS, Anti-bribery, Anti-corruption, MACC Section 17A and etc..

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Anti-Bribery Management Systems

With the introduction of new legislation in Malaysia such as Anti-bribery ISO 37001, Anti-corruption, MACC Act Section 17A, and much more, it becomes compulsory for organizations like institutions, colleges or corporate sectors that they comply with the adequate policies and procedures of law. And presents the highest ethical standards of conduct in the organization. 

If you are a business person and want to know more about Anti-Bribery Management Systems, you'll need to approach an expert they have experience of years in this arena and able to provide the best consultancy and technical advisory. In this regard, you can consider choosing "KM Loi & Associates". Surely, from us, you will get the best solution for your firm.

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Risk Management  Malaysia

Having a safer work environments is important for the business to ensure the success and more productivity. In these days, organisations have become increasingly proactive about workplace safety. That causes they recognize the importance of the risk management, which not only important for a better work environment, but a more profitable one too. If you are looking for a leading company that provides Risk Management  Malaysia services can consider to choose the services from a leading company, such as  "KM Loi & Associates". To ensure both effective risk management and comprehensive compliance, we ensure comprehensive integration with existing systems.

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Anti-Bribery Management Systems

Various numbers of the international cooperation organizations led to include the issue of corruption in their agenda and the need for institutional reform in order to combat it. If your organization also suffering from the corruption or bribery, you should need to create action plans and allocated resources with aimed at controlling corruption. In that case, you can consider to Anti-Bribery Management Systems. There are a lot of companies in the market these days that offering the management system and technical analysis services for both the manufacturing and services industries and its related supply chain. "KM Loi & Associates" is one of them. You can consider to hire our experts services for your organization.