Corporate law reform in Malaysia: challenges and responses to globalisation

23 February 2007

A Corporate Law Reform Committee, set up under the auspices of the Companies Commission of Malaysia, is presently undertaking a comprehensive review of the legal and regulatory corporate framework in Malaysia.

The objectives of the corporate law reform program are:

• the creation of a legal and regulatory structure that will facilitate business
• the promotion of accountability and protection of corporate directors and members taking into account the interests of other stakeholders in line with international standards. 

This presentation gives an insight into the approach taken by the Corporate Law Reform Committee (CLRC) in its process of modernising corporate law in Malaysia.

It highlights the role of corporate law reforms in other jurisdiction such as the United Kingdom, Australia, New Zealand and Hong Kong in providing important benchmarks in determining changes and responses to corporate law reform in Malaysia.

It also discusses legal issues arising from the documents which have been issued for public consultation.

Helen Anderson (left) Aishah Bidin (centre) Janine Pascoe (right)

Guest Speaker

Dr Aishah Bidin
Associate Professor of Law
Former Deputy Dean (2001-2006)
Faculty of Law
Malaysian National University

Research profile

Dr Bidin areas of specialisation include company and corporate finance law, securities regulation, bankruptcy and insolvency law. She has completed various research projects for the university, public and private sectors, including projects on corporate financing in Malaysia, governance and reform of the insolvency regime in Malaysia and a Study on the Syariah corporate tax, its distribution, application and impact on individuals and companies in Malaysia.  Dr Bidin is a member of the Steering Committee of the Malaysian Corporate Law Reform Committee and is currently a Visiting Scholar in the Department of Business Law and Taxation.

If this particular educational activity is relevant to your immediate or long term needs in relation to your professional development and practice of the law, then you should claim one unit for each hour of attendance, refreshment breaks not included.

Acting Group Director

Phillip Lipton
Email Phillip Lipton
Tel: + 61 3 9903-2194