KUALA LUMPUR: The Malaysia Competition Commission (MyCC) and the Malaysian Institute of Chartered Secretaries and Administrators (MAICSA) have agreed to a strategic collaboration aimed at enhancing awareness and compliance with the Competition Act 2010 as well as strengthening governance practices within the corporate sector.
In a statement, MyCC said the partnership reflects the shared commitment of both parties to promote greater understanding and practical application of competition principles and corporate governance best practices among professionals, corporate secretaries and industry players at large.
“This collaboration between MyCC and MAICSA marks a pivotal step in strengthening a culture of compliance and ethical corporate governance. Together, we aim to embed the principles of healthy competition into the fabric of corporate management, driving a more resilient, transparent and competitive business ecosystem in Malaysia,” said Tan Sri Idrus Harun, chairman of MyCC.
MAICSA president Datuk Akbar Moidunny added that strong corporate governance must go hand-in-hand with adherence to competition law.
"This partnership with MyCC is a timely and strategic initiative that reinforces MAICSA’s commitment to promoting not just governance excellence, but also a deeper appreciation of competition compliance as a cornerstone of responsible corporate stewardship,” he added.
