B. Anti-bribery and Corruption Compliance (a) oversight of development and implementation of the Group’s Principles of Business Conduct, Anti-Bribery and Corruption Policy (“ABC Policy”), Anti-Bribery Management System (“ABMS”), Whistle Blowing Policy in relation to anti-bribery and corruption, whistle blowing and non-financial risks; (b) advise the Board and the Management on the anti-bribery and corruption, legislative and regulatory landscape to ensure compliance; (c) introduce any regulation which would enable the smooth administration and effective discharge of the Integrity Committee’s duties and responsibilities; (d) review the adequacy of compliance programme of the Group and the implementation of the relevant anti-bribery and corruption control measures, including but not limited to, due diligence process, compliance checks and monitoring, as well as the authorities’ raid procedures, to ensure ongoing awareness programme, communication, training and education on compliance disseminated to all employees, consultants, associates, suppliers and stakeholders of the Group; (e) review the ABMS from time to time to ensure that the Group is in compliance with the Malaysian Anti-Corruption Commission Act 2009, the Companies Act 2016, the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Malaysia”) and other legislative and reporting requirement; (f) identify the bribery and corruption risks which the Group might reasonably anticipate and furnish the bribery risk assessment and the report to the Board of any findings by the GCRC; (g) inquire into any allegation of bribery or act of corruption and ensure appropriate actions are taken; (h) supervise, monitor and manage the complaints received pertaining to bribery, corruption, abuse of power, malpractice and violation of business conduct within the Group; (i) monitor and review the development and implementation of the anti-bribery and corruption, legislative and regulatory landscape by the Integrity Committee. The GCRC to ensure that they are appropriate, effective, adequately enforced and conformance to the requirements of ISO37001:2016 standard; and (j) perform any other activities relating to anti-bribery and corruption, as authorised by the Board. C. Risk Management and Internal Control (a) oversee, review and monitor the duties and responsibilities of the Risk Management Committee (“RMC”); (b) assess the scope and effectiveness of the systems and processes established by the RMC; (c) identify, assess, manage and monitor areas of material business risks of the Group, financial and non-financial risks; (d) develop and ensure the systems and processes in identifying, assessing, treating, monitoring and reporting the business risks are continuously improved; (e) oversee the conduct, and review the results of the Group’s risk assessment including the identification and reporting of critical risks; Governance, Compliance and Risk Committee 119 Wasco Berhad
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