THE Malaysian Association of the Institute of Chartered Secretaries and Administrators (Maicsa) has welcomed the proposal by the Securities Commission (SC) to accord legal protection to company officials who alert authorities of corporate wrongdoings within their firms.
In a statement, association president Paul Chan said legislation to protect the so-called whistle blowers would result in higher levels of transparency and the lowering of risk as swift and timely measures are taken to address commercial misconducts.
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