Malaysia Conflict of Interest pursuant to Enhanced Listing Requirements Webinar
Bursa Malaysia recently introduced enhancements to its Conflict of Interest (COI) disclosure requirements for listed issuers. These enhancements, effective as of July 1, 2023, have significant implications for organizations. Non-compliance could result in substantial penalties.
This webinar was designed to provide a comprehensive understanding of these enhancements and their impact on organizations. Led by our Director, Corporate Secretarial, at BoardRoom Malaysia, Ms. Tan Ai Ning, and featuring guest speaker Ms. Yon See Ting from Christopher & Lee Ong, the session covered the following key topics:
Overview of Changes to Listing Requirements on Conflict of Interest (“COI”):
- What are the amendments?
- What is COI and Potential COI? Illustrated with examples.
- Who is responsible for disclosing COI and Potential COI?
- Implementation Timeline
- Governance of COI
Legal Implications of COI: Legal Frameworks, Regulatory Challenges, and Consequences:
- Key Requirements on COI according to the Companies Act 2016.
- Understanding the legal implications and best practices.
Contact our Corporate Secretarial experts today for a discussion on how to adapt best practices to comply with the new requirements effectively, elevate your governance practices, foster accountability, and enhance investor confidence.