Areas of Focus Matters Considered Recovery Plan ✓ Recommended to the Board the plan towards establishing the Bank’s Recovery Plan and reviewed the status report by the appointed consultant on the validation of Bank Islam’s recovery plan. Integrity & Governance ✓ Reviewed and deliberated the Integrity & Governance Department Reports, which include reports on the investigation cases of fraud (139 cases), whistleblowing (8 cases) and non-whistleblowing (5 cases). ✓ Reviewed and deliberated on the updates on Corruption Risk Management Reports and recommended to the Board the implementation of Divisional Corruption Risk Management as well as the risk action plans. ✓ Reviewed and deliberated the development of Bank Islam’s Organisational Anti-Corruption Plan (OACP). ✓ Reviewed the updates on ISO 37001: 2016 Anti-Bribery Management System in Bank Islam. ✓ Reviewed the updates on Organisation Risk Rating Status by Malaysian Anti-Corruption Commission (MACC). ✓ Reviewed and deliberated on the development of National Anti-Corruption Strategy (NACS) 2024 – 2028. ✓ Reviewed and deliberated the Defense Against Section 17A of The MACC ACT 2009. ✓ Reviewed and deliberated on integrity matters including the lucky draw gift declarations and waiver of the Group Business Associates Code of Conduct Guideline (GBACOC). Corporate Secretarial ✓ Reviewed the governance status report of Bank Islam and its Tier 1 subsidiaries against the relevant laws and guidelines relating to governance. There were six (6) reports tabled to the BAEC during the period under review. ✓ Reviewed the reports on Conflict of Interest on semi-annual basis. Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2024 240 Board Audit & Examination Committee (BAEC) Report
RkJQdWJsaXNoZXIy NDgzMzc=