adverse opinion on the financial statements; A qualified opinion on any significant transaction that incompliance with accounting standards; An opinion that the auditing scope is limited by the company or
meetings and conducting public hearings. (In 2012, the SEC held 22 public consultations via its website.) In case of a high impact regulation, a large-scale seminar may be necessary. Moreover, the proposed
meetings and conducting public hearings. (In 2012, the SEC held 22 public consultations via its website.) In case of a high impact regulation, a large-scale seminar may be necessary. Moreover, the proposed
rules for the trading, clearing and settlement of securities must be approved by the SEC Board. In the case where there are adverse effects to the public or the economy, the SEC Board has the powers to
rules for the trading, clearing and settlement of securities must be approved by the SEC Board. In the case where there are adverse effects to the public or the economy, the SEC Board has the powers to
) Investment in infrastructure assets directed for benefitting the public on a large scale (the same consideration criteria as applied for IFFs, mutatis mutandis) *Greenfield herein refers to infrastructure
Development , Adviser on Business and Political Risk, the World Bank, the World Economic Forum, the United Nations’ units. CPI indicates the perceived level of public sector corruption on a scale of 0 (highly
Development , Adviser on Business and Political Risk, the World Bank, the World Economic Forum, the United Nations’ units. CPI indicates the perceived level of public sector corruption on a scale of 0 (highly
a large scale (the same consideration criteria as applied for IFFs, mutatis mutandis) *Greenfield herein refers to infrastructure projects which have not yet generated commercial revenue
assets must be carried out in full scale and for public purposes. An asset valuation must be performed not over one year before buying or selling of the assets. A valuation is required for infrastructure