Recognizing that:
- The Anti-Corruption Principles for Corporation in Malaysia, as may be amended or revised from time to time, are principles to which companies in Malaysia should commit to promote integrity, transparency and good governance in all aspects of its operations;
- To conduct business free from corruption and in accordance with the Anti-Corruption Principles for Corporations in Malaysia and to ultimately act in the best interests of the Company and its shareholders, as corruption destroys shareholder value, undermines the confidence of investors, and is the antithesis of sustainable growth.
BIMB Investment Management Berhad hereby pledges that it shall:
- Not, through any of its employees, agents or subsidiaries commit any corruption offence under any law, such as the MACC Act 2009 or Penal Code;
- Not conduct any business practices or activities that would require or encourage any of its employees, agents or subsidiaries to commit such offences; and
- Uphold the Anti-Corruption Principles for Corporations in Malaysia in the conduct of its business and in its interactions with its business partners and the government.
Activities & Initiatives
Anti-Bribery and Corruption Policy-Integrity Kit for Bank Islam’s Business Associates
In conjunction of International Anti-Corruption Day that was observed on 9 December 2020, Integrity & Governance Department (IGD) has organized Bank Islam’s Virtual Integrity Day 2020 on the even date. Amongst the initiatives by IGD during the Virtual Integrity Day is launching of the new version of Integrity Kit for Bank Islam’s Business Associates (BAs).
Bank Islam Malaysia Berhad and its subsidiaries (“the Bank”) has, from its inception, consistently adheres to the principles of good corporate governance and emphasis on operating its business with fairness and transparency. This is in line with the Bank’s shared value of “Act with Integrity”. The Bank is also a signatory to the Corporate Integrity Pledge, committing to uphold an Anti-Corruption Principles in Malaysia in promoting integrity, good governance and transparency in all aspects of its operation.
BIMB Investment is to strictly follow the integrity policies as part of the group’s commitment to integrity and sustainable way of doing business. These policies are aligned with all relevant laws and regulations, including the National Anti-Corruption Plan (“NACP”) and Malaysian Anti-Corruption Commission (“MACC”) Act 2009, particularly Section 17A of the MACC (Amendment) Act 2018:
i) Anti-Bribery and Corruption Policy (“ABCP”);
ii) Gift Policy (“GP”);
iii) Whistleblowing Policy (“WBP”); and
iv) Vendor’s Code of Ethics Guideline (“VCOE”)
Through these policies, BIMB Investment holds zero-tolerance approach against all forms of bribery and corruption when conducting business and all Bank’s employees are not permitted to give or offer anything of value including gifts, hospitality, or entertainment to anyone for the purpose of improperly obtaining or retaining a business or personal advantage except otherwise governed by the policies. We pledge full commitment to act professionally, fairly and with integrity in all its business dealings and expects its employees to observe the same.
Whistleblowing Reporting Channel
A Whistleblower (WB) is encouraged to identify himself/herself when submitting a duly completed Whistleblowing Assessment Form/Report [BIMB Investment_Whistleblowing Assessment Form] .
This Form / Report can be made to the following dedicated reporting channel:-
whistle.bimbinvest@bankislam.com.my
Bank Islam Group Integrity Hotline: 1800-18-0201
Agency Training on Section 17A MACC Act 2009
Date : 16 Feb 2021
Time : 10.00 am
Venue : Online via Zoom
FCC x MACC Virtual Talk – Corruption: Shame on Fame
Agency Training on Section 17A MACC Act 2009
The provision under Section 17A MACC Act 2009 is a provision that stipulates a corporate liability principle where a commercial organisation can be considered guilty if any of its employees and/or associates commit corruption for the benefit of the organization.
This new provision encourages commercial organizations to take appropriate and parallel steps to ensure businesses are conducted with integrity and without corruption.
Date : 25 Nov 2020 (Session 1) & 27 Nov 2020 (Session 2)
Time : 10.00 am
Venue : Online via Zoom
Directors Training: Corruption Risk & Anti Money Laundering
Date: 11 Nov 2020
Time: 9am – 1pm
Organized by: BIMB Holdings & Bank Islam
BIMB Investment’s CEO, Najmuddin Mohd Lutfi attended the directors’ training on 11 November 2020. The training introduced latest updates, guidelines, rules and regulations on corruption risk and money laundering.
Speakers:
- KPKPJ Tuan Nurahim Bin Abdul Rahim, Director of Agency Integrity Management Division, MACC (Presentation on Organization Risk Rating by MACC)
- Puan Kho Lee Yee, Senior Superintendent of Inspection & Consultancy Division, MACC (Presentation on Organizational Anti-Corrumption Plan & Corruption Risk Management)
- Mr Michael Sprake, Director of Forensic Services for PwC Malaysia (Presentation on Anti Money Laundering)
Agency Force Training on Anti Money-Laundering & Anti-Terrorism Financing
Date : 16 Oct 2020, 20 Oct 2020 & 23 Oct 2020
Time : 10.00 am
Venue : Online via Zoom
Employee Briefing on Section 17A MACC Act 2009
Date : 3 June 2020 (Session 1) & 5 June 2020 (Session 2)
Time : 10.00 am
Venue : Online via Zoom
Corruption Risk Management Workshop
With reference to the implementation of the Corruption Risk Management (CRM) bank wide including the subsidiaries and following from the Strategic Interview which had been, the Integrity and Governance Department (IGD) together with our appointed consultant namely Messrs Raddhi Zeva Sdn Bhd (RZSB) will now be conducting a Corruption Risk Management Workshop as follows:
Date : 27th May 2020 (Wednesday)
Time : 8.30 am – 12.30 pm
Venue : Online via Microsoft Teams
The purpose of this workshop is to identify the critical corruption risk and the control measures through the tabulation of the required risk registers with the consultant.
Agency Force Training on Section 17A of the Malaysian Anti-Corruption Act 2009
The enforcement of a new Section 17A of the MACC Act 2009 comes into effect on 1st June 2020. Essential features of Section 17A of the MACC Act criminalises an organisation for corruption-related actions by associated persons done for the benefit of the organisation.
Special training sessions pertaining to this section will be held compulsory for all BIMB Investment unit trust consultants.
Date : 16, 20, 22 May 2020
Time : 10.00 am
Venue : Online via Zoom
