• 5 ANTI-CORRUPTION PRINCIPLES FOR COMPANIES IN MALAYSIA

    Involvement in CISM is voluntary and is undertaken by Malaysian companies and organizations to fight corruption. Through involvement in CISM, organizations and companies agree to uphold 5 Anti-Corruption Principles for Companies in Malaysia as follows:

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    Principle 1 – Commitment to promote values of integrity, transparency, accountability and good corporate governance

    • Disallowing any forms of corruption, directly or indirectly
    • Ensuring full compliance with Code of Ethics at all times
    • Recognizing and rewarding those with high integrity and ethics
    • Cultivating a positive working culture that prioritizes integrity
    • Increasing a safe complaints channel that can easily be accessed by all members and parties in lodging corruption complaints

    Principle 2 – Strengthening internal systems that support corruption prevention

    • Developing corruption prevention programs to explain corruption prevention values, policies and procedures
    • Reviewing existing system and procedures to avoid all forms of corruption
    • Holding continuous internal audit to avoid misuse of allocation and assets
    • Organizing corruption prevention programs to increase ethics and integrity through training

    Principle 3 – Compliance to laws, policies and procedures relating to fighting corruption

    • Ensuring compliance of all corruption-related legislation, policies and procedures
    • Ensuring implementation and monitoring of good governance as well as transparency and responsibility in management of businesses to avoid conflict of interest, abuse of power and misconduct.

    Principle 4 – Fight any forms of corrupt practice

    • Zero tolerance against any corrupt practices by any employees or parties without taking into consideration position and status
    • Reporting corruption offences that occur in business premises to the relevant authorities.

    Principle 5 – Support corruption prevention initiatives by the Malaysian Government and the Malaysian Anti-Corruption Commission (MACC)

    • Supporting corruption prevention campaign by the government and MACC
    • Giving full cooperation to the authorities, regulatory agencies and MACC concerning corruption prevention and enforcement of legislation in fighting corruption
    • Supporting all MACC corruption prevention initiatives
    • Organizing continuous corruption prevention efforts through the establishment of a special committee or Integrity Compliance Department
    • Fostering a close rapport with the authorities and MACC
    • Holding continuous training modules on corruption prevention, ethics and integrity