On May 3, 2017 Manifest reported that Malaysia has a revised corporate governance code that embraces integrated reporting.
According to the article, the Malaysian Securities Commission said that “a key feature of the new code was the introduction of the Comprehend, Apply and Report (CARE) approach, and the shift from ‘comply or explain’ to ‘apply or explain an alternative.’ This, the SC said, was meant to encourage listed companies to put more thought and consideration when adopting and reporting on their corporate governance practices. The code has 36 practices to support three principles namely board leadership and effectiveness; effective audit, risk management, and internal controls; and corporate reporting and relationship with stakeholders.”
You may read the article on the Manifest internet site.