MACC: Minding the gap

ACCORDING to the annual Deloitte Asia Pacific Regulatory Outlook, the management of risks and behaviours of employees and persons acting on behalf of the organisation has been viewed as a key area of regulatory focus for three consecutive years.

Prosecutors and regulators across the region are becoming increasingly active in enforcing anti-bribery and corruption legislation, with the number of enforcement actions and amount of regulatory fines and penalties increasing significantly over the last few years.