Category Compliance

Anti-Bribery and Anti-Corruption Laws in Malaysia

Malaysia’s anti-bribery and anti-corruption framework, governed by the MACC Act, criminalises bribery and imposes corporate liability under Section 17A. Organisations must implement robust compliance measures, including policies, risk assessments, monitoring, and training, to prevent corruption. Effective anti-corruption practices protect businesses from legal penalties, reputational damage, and support a culture of integrity and ethical business conduct.

What Is KYC?

KYC (Know Your Customer) is a key compliance process used to verify client identities, assess risk, and prevent financial crime. This article outlines the KYC framework, including onboarding, due diligence, risk assessment, and ongoing monitoring, helping businesses understand their obligations and implement effective controls to meet regulatory requirements and safeguard against money laundering and related risks.

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