revised in 2004 to take into account inter alia, the experience in Asia with concentrated ownership. The Asian Roundtable therefore decided that a review of the White Paper was warranted. This Report is

. We view that good personal finance skills along with business knowledge and ethics will enable them to have independent and successful living as well as creating strong foundation of the country ' s

Their Finances More Resilient to the Ever-changing Context?” with a view to emphasizing the importance of money management knowledge and skills to cope with the unexpected in life. Key messages to be

the ways in which shareholders can enforce their rights is to be able to initiate legal and administrative proceedings against management and board members. Experience has shown that an important

. • Data analytics is being seen mentioned increasingly in proposals to secure audit and non-audit engagements. Noted that big data was a key component in the awarding of certain large proposals. • May

strategy. There will always be investors who determine that selling is their best option when signs of poor management emerge, just as there will be investors who see a path to long-term growth driven in

bring about multiple risks that are more severe, more complex, and with a more Given the hyperconnectedness of businesses within the ecosystem, businesses may gain benefits but may also be exposed to

these inspections regularly communicated to ensure timely rectifications of any deficiencies found. Through such efforts, the SEC is now widely recognized as a trustworthy and effective independent audit

Effectiveness The chair is responsible for leadership of the board and ensuring its effectiveness. The chair should ensure a culture of openness and constructive debate that allows a range of views to be

SEC requires that the number of attending non-practitioner members must be greater than the number of attending practitioner members and must not have any relationships to or any interests in cases