national economy. At present, there are six legislations administered by the SEC, namely: the Securities and Exchange Act of 1992 ; the Derivatives Act of 2003 ; the Trust for Transactions in Capital Market
must be clearly specified in order to avoid any doubt whether internal information is used to the benefit of the executives. The program must be administered by an intermediary, such as a securities
Criminal action is a type of law enforcement against any person who acts or omits to act in violation of the laws administered by the SEC. Criminal actions are divided into two groups, namely: (a) criminal
administrative orders on individuals or juristic persons under the SEC's supervision, in other words, persons licensed, approved, or registered in accordance with the laws administered by the SEC. For example
inappropriate transactions with related parties. Principle 6.4 The board should establish a clear anti-corruption policy and practices (including communication and staff training), and strive to extend its anti
and responsibilities effectively. Principle 3.6 The board should ensure that the company’s governance framework and policies extend to and are accepted by subsidiaries and other businesses in which it
investing in real estate projects without having to put up a sizable outlay as normally required in a direct investment in real estate. Furthermore, the investment is professionally administered by experts in
to serve as audit committee without having to take a one year break or the board of directors may extend a break to more than a year. Q: Why audit committee cannot be executive director as the matter
than 75 percent of all board meetings in any whole financial reporting year. Principle 3.6 The board should ensure that the company’s governance framework and policies extend to and are accepted by
extend its anti-corruption efforts to stakeholders. Guidelines 6.4.1 The board should ensure company-wide awareness and implementation of the company’s anti- corruption policy and practices, and