ANTI-BRIBERY AND CORRUPTION POLICY
Commitment to Eradicate Bribery & Corruption
MTrustee Berhad (“the Company”) is licensed and regulated by the Central Bank of Malaysia (“BNM”) and the Securities Commission of Malaysia (“SC”). With the coming into force of Section 17A of the Malaysian Anti-Corruption Commission Act, the Company’s Anti-Bribery and Corruption Policy (“the Policy”) provides guidance to employees and its stakeholders on how to recognize and deal with improper solicitation, bribery and any other corruption activities and issues that may arise in the course of business.
This Policy is intended to provide employees with a basic introduction on how to avoid and combat bribery and corruption in furtherance of Company’s commitment to lawful and ethical behavior at all times. The Policy is applicable to all employees and directors (executive and non-executive) under the Company and including their immediate family members. Additionally, the policy extends to all service providers, contractors, subcontractors, consultants, representatives and any other external parties performing work or services for or on behalf of the Company (the “employees and associates”).
The Company has adopted a “No Gift” Policy whereby, subject only to specified exceptions, all employees and associates acting for or on behalf of the Company are prohibited from, directly or indirectly receiving and/or providing gifts.
It is the responsibility of employees and directors to inform external parties involved in any business dealings that our company practices a “No Gift Policy” and to request the external party for their understanding and attentiveness for and adherence to this policy.
Notwithstanding the rules set here, the principle that employees and associates should be guided by is this:
“We accept goods or services of good quality without the need to have additional incentives for our own personal benefit. Any offer that in your view will compromise or influence the way you decide in a transaction for the Company should not be accepted”.