Fahmi Bin Adilah, Mohd Zamre Mohd Zahir, Hasani Mohd. Ali and Muhamad Sayuti Hassan
The objectives of this study are to analyse the present Malaysian law regarding money laundering, to identify advantages and disadvantages of the current anti-money laundering…
Abstract
Purpose
The objectives of this study are to analyse the present Malaysian law regarding money laundering, to identify advantages and disadvantages of the current anti-money laundering law, to analyse its impact on the public sector and the private sector and to make recommendations on any improvements that should be made.
Design/methodology/approach
This study will use a qualitative method where the literature review method applies to collect primary and secondary data regarding anti-money laundering laws. Data has been collected from the various provisions of laws and text reading, such as books, articles, journals, law cases and thesis regarding anti-money laundering laws and those analysed with the content analysis method and the critical analysis method.
Findings
This study found that Malaysia has one law regarding anti-money laundering and they have control over individual and corporate entities in Malaysia.
Originality/value
This study found that Malaysia has one law regarding anti-money laundering and they have control over individual and corporate entities in Malaysia.
Details
Keywords
Tingting Li, Mohd Zamre Mohd Zahir and Hasani Mohd Ali
This study aims to make some contribution to the process of corporate compliance governance in China.
Abstract
Purpose
This study aims to make some contribution to the process of corporate compliance governance in China.
Design/methodology/approach
This paper adopts qualitative method, literature research, case analysis and comparative methods to explore the Chinese compliance governance model in the field of collusive bidding crimes.
Findings
In the process of criminal prosecution of enterprises suspected of committing crimes, the judicial authorities should promote the restoration of normal production and operation of corporate enterprises by promoting the construction of corporate compliance, which is conducive to solving the difficult problem of attribution of collusive bidding crimes. In addition, corporate compliance under prosecutorial supervision is also conducive to optimizing the regulatory path of collusive bidding and achieving more effective prevention and control of unit crimes in the mode of co-regulation between the state and corporate.
Originality/value
Compliance governance corporate crime is at a nascent stage in China, and this study seeks to provide some reference for future compliance review governance in China through the analysis of specific business crime cases.
Details
Keywords
Nur Hazirah Ahamad Kuris, Mohd Zamre Mohd Zahir, Hasani Mohd Ali and Muhamad Sayuti Hassan
Corporate gift-giving and hospitality are some of the high-risk areas for corruption. This paper aims to see comparisons between the Malaysian Ministerial Guidelines and the UK…
Abstract
Purpose
Corporate gift-giving and hospitality are some of the high-risk areas for corruption. This paper aims to see comparisons between the Malaysian Ministerial Guidelines and the UK Guidance and to analyse whether the guideline in Malaysia is adequate in dealing with corporate gift-giving and hospitality.
Design/methodology/approach
The methodology used in this paper is qualitative research which is based on data collection through online searches, legal databases, information obtained from articles, books, statutes and related government publications.
Findings
The findings show that the statutory guideline in Malaysia is immature, still not adequate, and lacks detailed regulations in determining gifts and hospitality as corruption (unclear boundary), as compared to the UK law which is more detailed.
Originality/value
This paper explains on comparison of corporate gift giving and hospitality practise in Malaysia and the UK based on the statutory guidelines.