information and calling of additional shareholders? meetings which is not only costly but also affects plan of the companies in certain cases. The revised CMSB regulations will bring about more efficiency of
replace the current regime whereby each license represents a bundle of business undertakings, which proves to be costly to licensees. The revision would allow more flexibility and support future types of
violation harder to detect “Easy” to do Constraints More costly to the firms Auditor and regulators’ scrutiny and litigation risk the sum of accruals must be zero over the life of the firm. Model Test
intended to strengthen the capacity, expertise and international competitiveness of financial markets and the funds industry in the region.Implementation ProgressThe participating economies have progressed
/ regulatory action 5. Advertising, raising customer awareness • One state regulator describes their role as making advisors reveal their “verification of misconduct” (costly verification) • Conditional on a
the project has progressed 99.84% (The construction plan was 100%). Consequently, the project was completed and its operation started on July 20, 2017. - Banpong Utilities Company Limited, (EGCO holds a
Renewable Energy Certificates (REC) concerning its electricity generation output. The construction of the project has progressed 97.99% (The construction plan was 97.46%). The commercial operation date is
estate development projects but due to the feasibility study of the project, the Company considered that the development of the project on such land is costly and not cost effective. The Company, therefore
progressed 91.58% (The construction plan was 91.70%). The commercial operation date is scheduled in the fourth quarter of 2019. - SBPL Project, a project of San Buenaventura Power Ltd., Co., (EGCO holds a 49
Electricite Du Laos (EDL) with the contracted capacity of 60 MW for 29 years. The construction of the project has progressed 98.78% (The construction plan was 98.30%). The commercial operation date is scheduled