Insight - The provision with a capital alphabet and a capital-sized liability


The Listing Requirements of Bursa Malaysia was amended on June 1,2020 to require listed issuers to address corruption risk as part of its annual risk assessment process (Paragraph 15.29 of the Listing Requirements). This paragraph also requires listed issuers to put in place policies and procedures as described by the Guidelines.

TRIVIA time: Why is Section 17A of the Malaysian Anti-Corruption Commission Act 2009 (MACC Act) one with a capital A?

Not because the original writer had inadvertently left his caps lock button on while drafting it, but because there is already a Section 17(a) in the act.

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