SC to implement action plan on anti-corruption measures

In a statement issued yesterday, the SC said the Cabinet Special Committee on Anti-Corruption (JKKMAR) had approved its recommendation to require listed companies to put in place anti-corruption measures and a framework to promote the effective discharge of directors

PETALING JAYA: The Securities Commission (SC) will be implementing an action plan to support the National Anti-Corruption Plan (2019-2023) and improve Malaysia’s ranking in the Corporate Governance Watch survey by the Asian Corporate Governance Association.

In a statement issued yesterday, the SC said the Cabinet Special Committee on Anti-Corruption (JKKMAR) had approved its recommendation to require listed companies to put in place anti-corruption measures and a framework to promote the effective discharge of directors’ responsibilities.