ABAC e-learning

Based on the Guidelines on Adequate Procedures, which of the following does NOT form part of the 5 principles of TRUST?

I. Undertake Control Measures

II. Training & Communication

III. Risk Assessment

IV. Top Level Committee

• II, III, and IV

• I, II, and III

• I and II

• IV only

PMB'S ABAC Policy is developed with reference to the requirements of the Guidelines on Adequate Procedures.

• False

• True

The ABAC Policy is developed with the following objectives:

I. Build and foster a business environment which is free of bribes and corruption, enhancing integrity, transparency and accountability.

II. Inculcate in all members of the Board of Directors (Board) and staff the corporate values and commitment of the Company against bribery and corruption.

III. Define what constitutes bribery and corruption and other prohibited practices.

Iv. Encourage bribery and corruption culture within the organization.

• All of the above

• I, II, and III

• II, III, and IV

• I, II, and Iv

The ABAC Policy is applicable to which of the following parties?

I. All branches

II. All members of the Board

III. All staff

Iv. All third parties associated with the Company

• I, II, and III

• II, III, and IV

• All of the above

• I, II, and IV

The management does not have the right to request a suspected staff to declare all his/her assets and liabilities.

• False

• True

Can you accept a seasonal gift comprising chocolates hamper worth RM100 and a branded pen worth RM200 from a client?

• Yes

• No

If you were to accept permissible gift worth RM100 from a client, do you need to report this to the Compliance Division?

• Yes

• No

What should you do whenever you are in doubt about the propriety of accepting gifts and/or hospitality from customers?

• Report to the police

• Report to the Securities Commission Malaysia

• Reject it in a polite manner

• Quietly accept it and thank the customer

What are the permissible gifts under the ABAC Policy?

I. Exchange of gifts at company-to-company level

II. Annual dinner's door gifts

III. Employee's long service award

Iv. Free Calendars given to the customers

• II, III, and IV

• All of the above

• I, II, and IV

• I, II, and III

______refers to any form of performance, activity or events intended to entertain others that includes , movie, sport, music shows, social and cultural events.

• Sponsorship

• Hospitality

• Entertainment

• Gifts