Page 91 - Bank-Muamalat-Annual-Report-2021

ANNUAL REPORT 2021 89
SUSTAINABILITY STATEMENT OUR GOVERNANCE OUR NUMBERS OTHER INFORMATION

For each of the principles, the Guidelines provide a list of recommended initiatives and the followings are among the initiatives
executed by the Bank FY2021:

T R U S T

Top Level Risk Undertake Control Systematic Review, Training &
Commitment Assessment Measures Monitoring & Communication
Enforcement
i. Management i. Maintain Corruption i. Gift & Entertainment i. Gift declaration i. Section 17A MACC
Commitment in Risk Assessment Policy; and entertainment Act Awareness
combating the (“CRA”). ii. Anti-Bribery & reimbursement Session for Board of
corruption via Corruption Policy; monthly monitoring; Director;
official website and ii. Integrity Internal Alert
iii. Anti-Bribery & ii. Donations and
BMMB Internal (18);
Corruption Handbook sponsorships
Communication
(bilingual-Malay & applications review; iii. Integrity Newsletter
Portal (“ICP”). (e.g.
English); iii. Monitor on vendor’s (3);
speech and integrity
iv. Vendor Code of conflict of interest iv. Digital Compliance
statement);
Conduct (“VCOC”); with reference Assessment on
ii. Periodic reporting on
and to the VCOC Anti-Bribery
Ethics and Integrity acknowledgement;
v. Integrity & & Corruption
to the Board and
Governance Unit iv. Review on BMMB’s (e-learning); and
Management;
engagement SOP and Policies v. Virtual Anti-Bribery &
iii. Integrity Quotes by to include integrity
(integrity. Corruption (“ABC”)
Board of Director; and matter when
governance@ training for all staff
iv. Section 17A MACC Act muamalat.com.my). applicable; and (24).
Awareness Session for v. Anti-Bribery &
Board of Director. Corruption Survey.
All of the updates FY2021 are in accordance with the Guideline on Adequate Procedure of Section 17A Corporate Liability
(Amendment 2018) MACC Act 2009.
Enhancing Whistleblowing

To reinforce our commitment to zero tolerance of improper conduct, the Bank had established a Whistleblowing Policy that governs
the whistleblowing process and disclosure of information to the appropriate parties.

The Whistleblowing Policy covers the governance and standards to promote an ethical, responsible and secure whistleblowing
practice in the Bank in line with the Corporate Governance Policy issued by BNM. The Policy provides a proper and secured avenue
for the employees and members of the public to report any knowledge of improper conduct in good faith, without fearing any
adverse consequences.