should be consistent with the rule of law, transparent and enforceable. If new laws and regulations are needed, such as to deal with clear cases of market imperfections, they should be designed in a way
be authorized by law; the contents shall be clear, practical and consistent with final-considered measure. 9. Conduct public consultation on the draft notification: This step ensures that the draft
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
reducing the problem of maturity mismatch when commercial banks taking short-term deposits but extending long-term loans instead, and the problem of currency mismatch when foreign loans are borrowed with
Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE GOVERNANCE TO A HIGHER LEVEL 2011 This work is published on the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the Organisation or of the governments of its member countries. This document and any m...
clear, it has been supplemented by a range of regulations and guidelines, many of which are still considered relevant or in force from several years before, even when more recent statements may cover the
following matters: (1) good governance and clear, transparent organization structure; (2) effective risk management for legal, credit, liquidity, operation, and other risks, with measures to appropriately
stakeholders’ rights; · To review whether draft notifications are authorized by law, and the contents are consistent with other regulations of a similar sort, clear and practical; · To go
stakeholders’ rights; · To review whether draft notifications are authorized by law, and the contents are consistent with other regulations of a similar sort, clear and practical; · To go
capital market. The SEC employs a collaborative approach to build relationships with and ensure engagement of relevant stakeholders. (2) Define clear intended outcomes within the scope of the SEC’s