for reform in individual countries. 4 G20/OECD PRINCIPLES OF CORPORATE GOVERNANCE © OECD 2015 The Principles were originally developed by the OECD in 1999 and last updated in 2004. The current review
a separation of duties in important business units which would result in check and balance; there is an internal audit unit which reports directly to the audit committee; there is a clear line of
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
a money borrowing; “connected person” means any individual or juristic person having one of the following relationships with the director, executive, major shareholder or controlling person of a
duties and rules on conflicts of interest for directors, and introducing characteristics that would make an individual unfit to be a director. Shareholder’s rights to amend the meeting agenda, approve
positions for the clients by other law. Chapter 3 Engagement in Agreements with Clients prior to Providing Services ______________________ Division 1 General Provisions _______________________ Clause 10 In
services suitable to each client carefully, especially with special care to the following clients: (1) any individual who is sixty years old or older; and (2) any person who has little financial knowledge
mutual fund management companies3. Chapter 1 General Rules ___________________ Division 1 Mutual Fund Supervisors ___________________ Clause 8 A mutual fund management company may change a mutual fund
in which they invest in order to assess their individual circumstances, performance and long- term potential, and to consider whether there is value in intervening to encourage change. 2.3 Proactive