is intended to propose the draft notification that will cover the clear segregation of work for the delegation of other persons to operate. The draft notification also allows business operators to
board should apply high ethical standards. This should be supported by a code of ethics that is disclosed by the company. Independent board members should review and oversee decisions on matters likely
SEC plans to revise the criteria on the maintenance of the net capital (NC) of securities and derivatives business operator. SEC has, therefore, conducted a public hearing on this matter, in
. Furthermore, issuers will be given a longer period before this notification comes into effect. That is the new rules will apply to companies that file their filing forms from 1 April 2019. This will give
information that companies on a voluntary basis may include, for example in their management reports. VI) The responsibilities of the board; The chapter provides guidance with respect to key functions of the
measure is considered by a sub-committee whose most members are representatives from the private sector. These steps ensure that the measure to be taken is appropriate, practical and respectful to
measure is considered by a sub-committee whose most members are representatives from the private sector. These steps ensure that the measure to be taken is appropriate, practical and respectful to
, provides comprehensive and widely recognized ratings of company governance based on extensive public information. Since its introduction, company scores have steadily improved. One concern is that companies
order for the capital market to effectively fulfill this role on a long-term basis, it is imperative that those who are stakeholders in the market have trust and confidence in its integrity. Towards that
__________________ Clause 45 In providing clearing and settlement services, a securities clearing house shall implement a system that ensures that clearing and settlement of securities is in accordance with each