100 WE ARE KENANGA LEADERSHIP MESSAGE VALUE CREATION MODEL KENANGA INVESTMENT BANK BERHAD ANNUAL REPORT 2023 ETHICS AND COMPLIANCE STATEMENT GRCS holds a crucial position in the regulatory landscape of Kenanga Group, ensuring that employees stay informed about any changes or new requirements set forth by regulators. In 2023, GRCS effectively managed the dissemination of three-hundred and thirty-eight (338) revised and new frameworks, guidelines, and circulars, along with twenty-three (23) consultation papers. These efforts are instrumental in maintaining compliance and fostering a culture of awareness within the organisation. 77 104 68 22 19 22 11 26 12 Taking regulatory compliance to the next level, GRCS goes beyond mere dissemination by actively overseeing the implementation of new requirements within divisions and departments. Utilising the Regulatory Issuances Impact Review (“EDGE”), GRCS provides targeted guidance to ensure seamless adjustments to internal policies, procedures, or controls. More than just a review, the EDGE reflects the Group’s firm dedication to comprehensive compliance. Number of Regulatory Issuances in 2023 120 100 80 60 20 40 0 BNM B.DEPO SC B.SEC B.DER FIMM ORS B.SEC.CLR B.DER.CLR Tool for Regulatory Awareness and Compliance
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