KENANGA ANNUAL REPORT 2018

62 KENANGA INVESTMENT BANK BERHAD Uphold duty of secrecy and confidentiality • We will uphold the duty to maintain secrecy and confidentiality of our clients’ information and undertake the required measures to avoid possible breach. This includes ensuring awareness and understanding of our employees so as to comply with the laws and regulations on the subject matters. Enhance data and cyber security • We would enhance governance in the area of cyber security to avoid, detect, counteract, or minimise security risks to physical property, information, computer systems, or other assets. This covers monitoring and anticipating the trend of cyber threats as identified by Group Technology to manage possible impact of technology on compliance. Manage threat of financial crime • We remain vigilant over the evolving threat and aims to further enhance the detection, monitoring and reporting of suspicious activities. In this effort, we continuously recognise and support regulators’ emphasis when implementing stricter requirements to regulate conduct of business and financial crimes while ensuring maintenance of integrity in the capital market industry. Intensify employee engagement • We acknowledge the collective responsibility in ensuring compliance, ethics and integrity. Thus, to inculcate stronger compliance culture in the organisation, we will intensify face-to-face engagement sessions, especially with branches, to enhance awareness on compliance issues, regulatory requirements and regulators expectation amongst the employees, as well as, the dealer’s representatives. Recruit and retain key talents • We continue to recruit new and retain experienced employees to fill in the pool of talents in ethics and regulatory compliance areas. This would in turn support the continuity of qualified ethics and compliance officers hence promote sustainability of the capital markets industry. ETHICS AND COMPLIANCE STATEMENT FORWARD LOOKING STATEMENT Our commitment to ensuring compliance, and ethics and integrity practices is stamped through the implementation of various efforts and initiatives to manage the risk of possible non-compliance and misconducts affecting the Group. While the ‘tone at the top’ is indeed critical in setting up the right tune, shaping of the behaviour and conduct of all employees is also central towards effectiveness of the overall corporate governance structure. In this respect, the entire engines of the Group; the directors, executives and all other employees, are committed to undertake the respective responsibilities and accountabilities in an ethical manner and with integrity. Moving forward, we will endeavour to establish the Ethics Governance Structure whilst continue strengthening the compliance structure. It is through the structured and unified management that we could create uniformity with regulatory expectations on compliance, ethics and integrity standards. Ultimately, it is our aim to elevate the culture of ethics and integrity towards ensuring stability and sustainability of business of the Group.