Corpo- ration for their financial contribution. This Report was prepared by Fianna Jesover, Senior Policy Ana- lyst, OECD with the oversight of Grant Kirkpatrick, Deputy Head, Corporate Affairs Division

and enforcement. F. Cross-border co-operation should be enhanced, including through bilateral and multilateral arrangements for exchange of information. High levels of cross-border ownership and trading

business operators in preparation for the full liberalization of securities business licensing in 2012. Also, we expect to see more public hearings on issues of high impacts, particularly those concerning

), Managing director (MD), president, or the head of the company’s management team. A director who has no position in the company’s management team, and is not a part of the temporary management of such a

. Minority shareholders have limited influence on actual board selection and high barriers to call a GMS, influence the meeting agenda, or bring legal action against the company or a director under the law

, and shall be in the form of high quality assets with adequate liquidity. Securities clearing houses and central securities depositories shall establish clear plans to obtain additional sources of funds