Fund Approval and Management System (“OFAM”). In addition, the amendment would expand channels for announcement of dividend payment such as websites of asset management companies. The paperless
, approval for issuance and offering of securities, and the review of issuing company auditors' working papers and listed companies' financial statements. (3) Finance and Financial Statements ë Reviewed the
. Study international supervisory measures and standards 3. Conduct regulatory impact assessment: Analyze the pros and cons and the costs of compliance 4. Seek approval for the measure from SEC Board
Long Term Equity Fund (LTF) in the second half of 2004 added another positive factor to boost the market in 2005. Under specified investment conditions, unit holders of LTFs are able to enjoy tax
Governance ● Revision of Rules on Approval for Public Offering of Shares and Information Disclosure by Focusing on Good Corporate Governance CONTENTS APPEN SCE_Eng_p.1-16 10/29/04, 1:05 AM2 3 ● Supervision of
. Suggestions will be considered to improve the rules so that they do not impose burden on issuers in practice. For example, scripts may be submitted for SEC’s approval instead of audiovisual clips
Listed Companies SET defines CG as a set of structures and processes of the relationships between a company’s board of directors, its management and its shareholders to boost the company’s competitiveness
complaints, as detailed in Chapter 8; (8) approval of rules or regulations, as detailed in Chapter 9; (9) preparation and disclosure of financial statements, as detailed in Chapter 10; (10) retention of
, prior to taking such an oppor- tunity, such persons should disclose to, and receive approval from, the company‟s board or shareholder meeting. Decision-making procedures should be clarified and
. shareholder agreements typically cover rights of first refusal and other restrictions on share transfers, approval of related-party transactions, and director nominations. Withdrawal rights: withdrawal rights