Economic crime and corporate fraud are serious concerns in an increasingly borderless world. Malaysia is no exception and may be among the countries significantly affected. This undoubtedly affects investor confidence and undermines the integrity of financial markets and trust in public institutions. Furthermore, it cannot be denied that a significant portion of economic activity in Malaysia, including fraud, corruption, money laundering, price-fixing cartels and intellectual property crimes, among others, in fact thrives in the shadow economy. These realities call for urgent and strong measures to arrest the rampancy of these crimes and fraudulent activities.

This book brings together in one volume the combined first-hand knowledge and expertise of a group of judges in handling diverse economic crimes and corporate fraud. It sets out in detail the law, regulatory requirements and guidelines as well as the practical issues which arise in investigating and prosecuting these crimes.

Part 1 covers topical areas of economic crime and corporate fraud – ranging from banking to cybercrime, anti-money laundering, corruption and bribery, embezzlement and criminal breach of trust, tax, transfer pricing, customs offences, economic fraud and sanctions compliance. Each chapter considers the applicable statutes and discusses important case law from local and foreign courts.

Part 2 gives attention to the practical measures for the prevention of economic offences and corporate fraud. The topics covered include corporate and ownership structure, internal control and policies, whistleblowing, accounting and auditing, as well as civil remedies and the recovery of assets in corporate fraud. The chapters in this part go a long way towards laying a strong foundation in the combat against economic crimes and corporate fraud. The detailed coverage on remedies and asset recovery provides valuable guidance as more active action is taken to recoup and repossess property that has been misappropriated through crime and fraud.

This book is not just a textbook; it is a critical weapon for the legal and corporate frontlines. It is a valuable resource for judges, lawyers, regulators, enforcement agencies, compliance professionals and corporate leaders to deepen understanding, encourage thoughtful discussion and strengthen the shared effort to uphold integrity in business and public life.

Key Features



• Comprehensive coverage of Malaysian law on economic crime and corporate fraud.
• Clear discussion of leading authorities.
• Careful consideration of statutory requirements.
• Critical examination of the practical application of the various regulatory guidelines and international best practices.
• Detailed consideration of Bank Negara Malaysia and Securities Commission Malaysia policies and guidelines.
• Careful analyses of remedies and asset recovery methods and options.
• Valuable hands-on knowledge of experienced judges.