COUNTRY VIGNETTES: MALAYSIA AND INDONESIA

Practical Implications of Malaysia’s New Corporate Liability Law and Indonesia’s Anti-Bribery Efforts

March 9, 2021 12:45pm

David Hutagalung
Country Director
GE Power (Indonesia)

Eddie Chuah
Partner
Wong & Partners (Malaysia)

Ira A. Eddymurthy
Partner
SSEK (Indonesia)

  • Anticipating the impact of Malaysia’s corporate liability law under Section 17A of the Malaysian Anti-Corruption Commission (MACC)
  • Capacity-building on compliance in Malaysia: MACC’s call for businesses to spend a fair amount of their annual budget on anti-corruption efforts
  • Impact of the inclusion of Indonesia’s Corruption Eradication Commission (KPK) in other government agencies’ anti-graft measures
  • Assessing the effectiveness of the KPK’s enhanced collaboration efforts with international enforcement agencies, such as Singapore’s CPIB and the UK’s SFO, in investigating wrongdoing and bringing those responsible to justice