Partner Chew Phye Keat was invited to explain the objective and extent of the new law on the liability of organisations, namely the new Section 17A in the MACC Act 2009 which is to come into force in June 2020. The whole-day seminar, which was held at the Capri by Fraser in Johor Bahru on 21st November 2019, was organised to help companies understand what adequate procedures they need to implement to prevent corrupt acts by their employees and service providers. Under the new law, a failure to have such adequate procedures in place may render the companies themselves liable for such acts.
