Overall Performance In 2023, we saw a significant increase in the number of employees who received anti-corruption training, demonstrating our growing commitment to raising awareness and preventing potential issues. While there have been no confirmed incidents of corruption in the past four years, including 2023, we actively conducted risk assessments, covering 36% of our operations this year. This signifies our ongoing efforts to identify and mitigate potential risks throughout our organisation. Disclosures 2020 2021 2022 2023 Number of legal actions for anticompetitive behaviour, antitrust, and monopoly practices 0 0 0 0 Number and percentage of employees who have received training on anticorruption by employee category (headcount & %) Non-Executive 13 0 1 41 Executive 78 21 3 175 Management 218 12 21 127 Number of employees disciplined or dismissed due to non-compliance with anti-corruption policies 0 0 0 0 Number and percentage of operations assessed for corruption-related risks⁸ 0 15/38% 10/26% 14/36% Number of confirmed corruption incidents and actions taken 0 0 0 0 The Vision for the Future Facing new challenges with the National Anti-Corruption Strategy (NACS) 2024-2028, the continuation of the National AntiCorruption Plan (NACP), and the Deferred Prosecution Agreement (DPA) by Malaysian Anti-Corruption Commission (MACC), we are set to enhance compliance and address corporate wrongdoings effectively. The DPA promotes a transparent compliance mechanism, akin to models in the UK and Singapore, enhancing corporate liability enforcement under s. 17A of the MACC Act. In response, we are committed to a more comprehensive Anti-bribery and Corruption (ABC) programme, underscored by our Organisational Anti-Corruption Plan (OACP) and ISO 37001 ABMS certification. This certification elevates our governance, aligning us with the expectations of regulatory bodies like MACC and BNM. Anticipating the expansion of our governance ecosystem and alignment with government ABC focus, we are integrating our bank-wide corruption risk assessment rigorously. To further our commitment, we are automating risk assessment processes for greater efficiency and responsiveness to emerging risks, aiming to strengthen our risk management capabilities and uphold the highest ethical standards and transparency. ⁸ IGD performed a total of 39 reviews during the three-year cycle from 2021 to 2023. 158 Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2023 Governance
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