Malaysia has been growing absolutely amazingly as an economy as it is seen as a good economy for the investors this has led to the rise of operations of firms in the country. With the rise of operations, there is also a rise in malpractices of the firms which can harm the environment.

Malaysia and neighboring Singapore and Indonesia have been choked by smoky air blown in from forest fires started to clear land for plantations, forcing school shutdowns and many people forced to wear masks to avoid inhaling smog particles. These fires were supposedly started by companies for their own benefits and the companies are also rumored to have been facing serious allegations regarding these fires. Companies found to be responsible for haze in the region may be penalized upon entering the Malaysian market, Finance Minister Lim Guan Eng stated this on Tuesday 24th September, as the monsoon transition provided a respite from the choking haze which has troubled the operations of the nation. There was a suggestion that we enact the Transboundary Haze Act where anyone identified as among parties that caused forest fires to be subjected to a penalty if they come to Malaysia. Dr Hanim Kamaruddin of University Kebangsaan Malaysia told Bernama that the Foreign Corrupt Practices Act (FCPA) 1977 was the first to introduce corporate liability, responsibility for third parties and extraterritoriality for corruption offences. This means that any US-based company and person can be held criminally and civilly responsible for corruption offences committed abroad.

This act could be implemented and affect the nation's finances and investments as it adds restrictions to the firms and harsh penalties if found guilty of any accusations.