other institutional investors to oversee the investees, encourage them to seek solutions or make changes based on good corporate governance principles to create long-term benefits rather than short-term
environment, and excellent control in management of invested businesses. The use of the I Code principle is also another qualifying criterion for the most excellent provident fund award.”Criteria include
legislation.A piloting process is underway to test arrangements. A number of fund managers and service providers are participating in the pilot with regulators.The pilot is expected to include making and
interest of our members. Principle 3: Oversee asset managers to make informed investment decisions and engage in active ongoing monitoring of investee companies. Investment decisions should take into account
practices, and adhere to applicable laws; c) embody high standards of business ethics and oversee the implementation of codes of conduct that engender a corporate culture of integrity; d) oversee the
audit committee’s responsibilities include monitoring and oversight of the listed company to which they hold a position as a committee to ensure that the company prepares accurate financial reports
oversee the operation related to important matters such as an audit committee, a credit limit consideration committee and an investment committee to allow such committees to screen and give recommendations
just voting. Activities may include monitoring and engaging with companies on matters such as strategy, performance, risk, capital structure, and corporate governance, including culture and remuneration