The thin line between corporate gift, hospitality and corruption: a legal study on Malaysia’s and the UK’s position
Journal of Money Laundering Control
ISSN: 1368-5201
Article publication date: 11 May 2022
Issue publication date: 30 May 2023
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.
Keywords
Acknowledgements
Researchers would like to thank and appreciate the Ministry of Higher Education (Malaysia) and UKM for providing the research funding under GGPM-2021–041, UU-2021–012 and UU-2021–013. Special appreciation to the research group members for your expertise, Faculty of Law of UKM and Fakultas Hukum, Universitas Janabadra, Indonesia.
Citation
Ahamad Kuris, N.H., Mohd Zahir, M.Z., Mohd Ali, H. and Hassan, M.S. (2023), "The thin line between corporate gift, hospitality and corruption: a legal study on Malaysia’s and the UK’s position", Journal of Money Laundering Control, Vol. 26 No. 4, pp. 719-738. https://doi.org/10.1108/JMLC-03-2022-0040
Publisher
:Emerald Publishing Limited
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