GOOD CORPORATE GOVERNANCE
|
|
- Jesse Cobb
- 6 years ago
- Views:
Transcription
1 GOOD CORPORATE GOVERNANCE Good Corporate Governance (GCG) is bank governance which is applying transparency, accountability, responsibility, independency and fairness in implementing business activities. GCG indicates the pattern of relationship between the Management and the stakeholders, the Management and the Board of Commissioners and inter Management which is based on ethics and Corporate Culture Values as supported by a process of system, work guidelines and organization for achieving maximum performance. The aim and objective of GCG are: - Improving the seriousness of Management in applying the principles of transparency, accountability, responsibility, independency, fairness and prudency and Bank management. - Improving the Bank performance, efficiency and services to the stakeholders. - Attracting the interest and trust of the investors. - Complying with the interest of the shareholders for increasing the shareholder values. - Protecting the Bank from political intervention and lawsuit. 1. Principles of Good Corporate Governance. The principles in Good Corporate Governance include Transparency, Accountability, Responsibility, Independency, and Fairness. a. Transparency 1) The Bank shall disclose information in a timely, adequate, clear, accurate manner and it can be compared as well accessed by the stakeholders. 2) The Bank shall discloses information which includes but not limited to the vision, mission, business target, Bank strategy, Bank financial and non-financial condition, composition of Board of Directors and Board of Commissioners, shares ownership, remuneration and other facilities for the Board of Directors and the Board of Commissioners, majority shareholders, risk management, supervisory system and internal control, functional and compliance system and GCG implementation as well as material fact that may influence the decision of the financier.
2 3) The Bank policy must be in writing and communicated to the shareholders who are entitled to acquire information on such policy. 4) The principle of transparency shall remain observing the provisions on bank confidentiality and personal rights according to the prevailing regulations. b. Accountability 1) The Bank shall stipulate business target and strategy which are held responsible to the stakeholders. 2) The Bank shall stipulate clear duties and responsibilities for each organ of member of the Board of Commissioners, and the Board of Directors as well as the whole Ranks under their sub-ordination which are in harmony with the vision, mission, and values of the Company, business target and Bank strategy. 3) The Bank has to convince that each member of the Board of Commissioners and the Board of Directors as well as the whole Ranks under their sub-ordination have the competency according to their responsibility and understanding their role in GCG implementation. 4) The Bank shall stipulate check and balance system in the Bank management. 5) The Bank shall own performance measure from all the Bank Ranks based on the measure as agreed upon consistently with Corporate Culture Values, business target and Bank strategy as well as possessing rewards and punishment system. c. Responsibility 1) The Bank shall hold on the principle of prudential banking practices and guarantee the compliance to the prevailing regulations. 2) Bank as a good corporate citizen shall care for the environment and implement social responsibility properly. d. Independency 1) Bank shall avoid the occurrence of inappropriate domination by any stakeholders whatsoever and not being influenced by unilateral interest from any conflict of interest. 2) The Bank shall make objective decision and free from any pressures from any parties whatsoever. e. Fairness
3 1) The Bank shall observe the interest of the whole stakeholders based on the principle of equal treatment. 2) The Bank shall provide opportunity to the whole shareholders for providing inputs and submit opinions for the interest of the Bank as well as opening access to any information according to the principle of transparency. 2. Corporate Governance Structure The structure in the Corporate Governance consists of the Shareholders and the General Meeting of Shareholders (RUPS), the Board of Commissioners, the Committees under the Board of Commissioners, the Board of Directors, the Committees under the Board of Directors which subordinate the Function of Compliance and Corporate Secretary. a. Shareholder and RUPS (General Meeting of Shareholders) 1) Shareholder The whole Bank Shareholders have equality in acquiring and exercising their rights according to the provisions as regulated in the Law and the Bank Articles of Association. Each Bank Shareholder according to the law has to comply with the Bank Articles of Association and resolutions as adopted legitimately in the RUPS (General Meeting of Shareholders) as well as abide by the laws and regulations. a) The Bank Shareholder is grouped into 2 (two) categories, namely: - Shareholder of A Series is the State of the Republic of Indonesia which has Dwi Warna A Series with special right in the form of:
4 Amending the Articles of Association Changing the capital. Appointing and/or discharging the member of Board of Directors and/or the member of Board of Commissioners. Conducting merger, amalgamation, acquisition, separation or change of legal entity form. Dissolving and liquidating the Company. - The Shareholder of B Series is he State of the Republic of Indonesia and the public (partner or entity) as acknowledged by the Company as shareholder. b) The Bank shall be responsible in exercising the rights of Bank Shareholder, namely: - The Bank has to organize the right of shareholder according to the laws and regulations and Bank Articles of Association. - The Bank has to organize the list of shareholders in an orderly manner and according to the laws and regulations. - The Bank has to provide information on the company in a timely, correct and regular manner for the shareholder, except for matters which are confidential in nature. - The Bank may not behave partially to certain shareholder by providing information which is not disclosed to the other shareholder. The information has to be provided to all shareholders without heeding the type and classification the share in his/her possession. - The Bank must be able to provide complete explanation and other accurate information on the organizing of RUPS General Meeting of Shareholders). 2) General Meeting of Shareholders (RUPS) The RUPS has an authority which is not given to the Board of Directors or the Board of Commissioners according to the provisions as regulated in the Law and Bank Articles of Association. The organizing of RUPS (General Meeting of Shareholders) shall be held and implemented according to the protocol of RUPS (General Meeting of Shareholders) based on the provisions as regulated in the Law and Bank Articles of Association. In the forum of RUPS (General Meeting of Shareholders), the Shareholder is entitled to acquire information relating to the Bank and/or the Bank Management, as long as it is
5 related with the agenda of RUPS (General Meeting of Shareholders) and not contradictory with the interest of the Bank. a) Each shareholder is entitled to acquire explanation and information which is completed and accurate concerning: - Summon for RUPS (General Meeting of Shareholders) which includes specification of agenda and its explanation. - Other agendas which will be provided prior to and or at the time of the RUPS (General Meeting of Shareholders) is ongoing. - RUPS resolutions as adopted through transparent and fair procedure. - Minutes of RUPS (General Meeting of Shareholders) for each Shareholder if requested which contains opinions, both which are favorable and unfavorable. - The system for determining the salary and facilities for each member of Board of Commissioners and Board of Directors as well as specification concerning salary and allowance as received by the members of Board of Commissioners and Board of Directors holding the position. - Financial information and others relating to the Bank as contained in the annual report and financial report. b) Procedure and implementation of RUPS (General Meeting of Shareholders) shall be conducted according to the prevailing regulations as well as Bank Articles of Association. c) Material transaction as conducted by the Bank has to obtain approval from RUPS (General Meeting of Shareholders) according to the prevailing regulations. b. Board of Commissioners 1) Election and Discharge of Members of Board of Commissioners a) Members of Board of Commissioner is elected and discharge by the RUPS through transparent process by the Remuneration Committee, and b) Nomination to recommend the candidate of member of Board of Commissioners according to the policy as stipulated by the Holder of Serial A Share. c) Member of the Board of Commissioner has to comply with the requirements and passing fit and proper test according to the prevailing regulations. 2) Responsibility and Obligation of Board of Commissioners a) The Board of Commissioners shall be responsible to the implementation of duties of Board of Commissioners as referred to in the Bank Articles of Associations as well as
6 maintaining the effectiveness of communication between the Board of Commissioners and the Board of Directors, external auditor and Bank/Capital Market Supervisory Authority. b) The Board of Commissioners shall be responsible in observing the prevailing regulations as well as monitoring the effectiveness of GCG practices. c) The Board of Commissioners is obligatory to conduct supervision against the follow-up on the result of examination and recommendation as provided by internal and external auditors, the result of supervision of Banking Authority and/or the result of other authority supervision. d) The Board of Commissioners has rules of order of Board of Commissioners which is binding and abides by all members of the Board of Commissioners. e) Member of Board of Commissioner is obligatory to disclose his/her share ownership to the Bank as well as to other company according to the regulation in the sector of Capital Market. f) Member of the Board of Commissioner is prohibited to utilize the Bank for his/her personal, family, and/or other parties interests which may adversely affect or reducing the Bank profit. g) The Board of Commissioners is obligatory to notify the Banking Authority in case of finding: - Violation to the laws and regulations in financial and banking sector, and - Situation or estimated situation which may endanger the sustainability of Bank business. c. Independent Commissioner The RUPS (General Meeting of Shareholders) shall stipulate independent commissioner with number and requirements as stipulated in the prevailing regulation. d. Committees under the Board of Commissioners In exercising their duties, the Board of Commissioners shall establish among others the committees as follows:
7 1) Audit Committee, which is established for assisting the Board of Commissioners in exercising the supervisory function to matters relating to financial information, internal control system and effectiveness of examination by external and internal auditors. 2) Committee for Risk Monitoring and Good Corporate Governance, which is established for assisting the Board of Commissioners in exercising the supervisory function relating to business risk policy as well as strengthening the implementation of GCG principles as exercised by the company for increasing shareholder values. 3) Remuneration and Nomination Committee, which is established for assisting the Board of Commissioners in exercising the supervisory function to matters relating to the policy on remuneration and nomination of members of Board of Commissioners and Board of Directors, the structure of membership, duties and authorities as well as rules of order of committee are regulated in the Decree of the Board of Commissioners. e. Board of Directors 1) Election and Discharge of Board of Board of Directors a) Member of the Board of Directors is elected and discharged by the RUPS (General Meeting of Shareholders) through transparent process. Through the consideration of the Committee of Remuneration and Nomination, the Board of Commissioner shall recommend candidate of member of Board of Directors according to the policy as stipulated by Holder of Serial A Share. b) The Board of Directors has to comply with the requirements and passing fit and proper test according to the prevailing regulations. 2) Responsibility and Obligation of Board of Directors a) The Board of Directors shall be responsible to the implementation of Bank management function according to Bank Articles of Association. b) The Board of Directors shall exercise the principle of sound banking, risk management and growing compliance culture as well as internal control system. c) The Board of Directors shall work transparently, accountably, responsibility, independently and fairly. d) The Board of Directors shall be responsible in complying with the prevailing regulations and implementing GCG practices. e) The Board of Directors has Rules of Order for Board of Directors which is binding and observed by all members of Board of Directors.
8 f) The member of Board of Directors is obligatory to disclose his/her share ownership to the bank as well as to the other company according to the regulation in capital market sector. g) The member of Board of Directors is prohibited to utilize the Bank for the interests of individual, family, and/or other party which may adversely affect or reducing bank profit. h) The Board of Directors is obligatory to be responsible for the implementation of its duties to the shareholders through general meeting of shareholders. f. Committees under the Board of Directors In exercising its duties, the Board of Directors shall established committees. The structure if membership, duties and authorities as well as rules of order of committee are regulated in the Decree of the Board of Directors. g. Relationship between the Board of Commissioners and Board of Directors 1) Work relationship between the Board of Commissioners and the Board of Directors is the relations of check and balance with final objective for the advancement and soundness of the Bank. 2) The Board of Commissioners and the Board of Directors according to their respective functions have responsibilities for safeguarding the Bank business sustainability in the long run as reflected in:
9 a) Safeguarding the soundness of the Bank according to the Principe of prudence and criteria as stipulated by the Banking authority. b) The implementation of risk management as well as internal control system properly. c) Achieving fair return for shareholders. d) Protecting of stakeholder interest fairly. e) Compliance of GCG implementation. f) Implementation of leadership succession and management continuity in all lines of organization. 3) For being able to complying with the responsibility and implementing check and balance according to the prevailing regulations, then the Board of Commissioners and the Board of Directors need to collectively agree with the matters as mentioned below: a) Vision, mission and corporate culture values. b) Business target, strategy, long term plan as well as work plan and annual budget. c) The policy in complying with regulation, bank articles of association and prudential banking practices including commitment for avoiding all forms of conflict of interest. d) Policy and method of evaluation of Bank performance. e) Organizational structure which is able to support the achievement of target of Bank business according to Bank Articles of Association. f) The form of communication between the Board of Commissioners and the Board of Directors. 4) The members of Board of Commissioners and Board of Directors who are entitled to acquire remuneration and other types of facilities according to the market condition. The process of stipulating the number of package of remuneration and other types of facilities are stipulated by RUPS (General Meeting of Shareholders) upon receiving the proposal from the Committee for Remuneration and Nomination. h. Director Subordinating the Function of Compliance 1) The assignment and discharge of Director subordinating the function of compliance is conducted by the President Director and the Board of Commissioners as well as it has to obtain prior approval from the Banking Authority. 2) For safeguarding the principle of independency, the Director subordinating the function of compliance is not allowed to hold the positions of President Director concurrently with another position as determined in the prevailing regulation.
10 3) The Director subordinating the function of compliance may become the member of each committee of the Board of Directors as established, but he/she has no vote right in voting unless it is stipulated otherwise. 4) Director subordinating the Function of compliance having reporting relation both to the President Director and the Board of Commissioner as well as Banking Authority. 5) The Bank shall establish work unit of compliance for assisting the implementation of duties and function of the Director subordinating the function of compliance. i. Corporate Secretary 1) The bank shall establish the function of Corporate Secretary according to the prevailing regulation in capital market sector. 2) The function of Corporate Secretary shall be implemented by one of the Directors or official who is specially appointed for running such function. 3) The appointment of Corporate Secretary shall be reported to the capital market and stock exchange authority as well as it is announced with mechanism according to the prevailing regulation.
11 4) Duties and responsibilities of Corporate Secretary according to the prevailing regulation in capital market sector. j. External Audit and Public Accountant Office 1) The appointment of external audit and public accountant office is stipulated by General Meeting of Shareholders based on the proposal from the Board of Commissioners upon recommendation from the Audit Committee. 2) The External Auditor and Public Accountant Office as appointed by the bank should have acquired license from the Ministry of Finance and registered in the capital market supervisor. 3) Public audit by External Auditor shall be conducted to provide statement of opinion concerning the fairness of Bank Financial Report according to the principle of accounting as generally applicable in Indonesia. 3. Information, Bank Confidentiality and Conflict of Interest In safeguarding bank governance, the Bank shall stipulate the matters relating to information, Bank confidentiality and conflict of interest. a. Information 1) The Bank shall submit to the capital market authority and announce to the public in a timely, accurate, clear and objective manner and the occurrence of event, information of material fact that possibly may influence the stock value or decision of financier investment according to the regulation Capital Market sector. 2) Annual Report containing the summary of important financial data, analysis and general discussion by the management, financial report which has been audited, management letter as well as other important information. 3) Annual Report shall also contain report on the activities of Audit Committee, Committee for Risk Monitoring and GCG, and Remuneration and Nomination Committee, as well as the disclosure of remuneration structure from each member of Board of Commissioners and Board of Directors. 4) Annual Report, events, information or material facts as well as other report as required by the prevailing regulation are also submitted through website which from time to time can be renewed by the Bank.
12 5) Prohibition on insider trading as referred to in the prevailing regulation in capital market sector will be regulated in a separate provision. b. Bank Confidentiality In conducting transparent information, the Bank shall remain holding to the provision concerning Bank confidentiality as stipulated in the prevailing regulation. c. Conflict of Interest 1) The Board of Commissioners, the Board of Directors and the Executive Official shall have the commitment of avoiding of all form of conflict of interest. 2) In case of the member of Board of Directors has personally interest in a transaction, contract or contract as proposed in which the Bank becomes one of the party, then it has to be declared the character of its interest in the meeting of Board of Directors and the relevant member of the Board of Directors is not entitled to take vote.
13 3) In case of member of the Board of Commissioners has personal interest in a transaction, contract or contract as proposed in which the bank becomes one of the party, then it has to be declared the character of conflict interest in the meeting of the Board of Commissioners and the relevant member of the Board of Commissioners is not entitled to take vote. 4) Periodically at least once in one year, each member of the Board of Commissioner, Board of Directors and Executive Official are obligatory to make statement concerning whether or not there is any conflict of interest with the Bank activities as conducted by him/her. 5) The member of the Board of Commissioners, Board of Directors and Executive Official may not concurrently hold the position as regulated in the prevailing regulation. 4. Policy of the Board of Directors Any policy of the Board of Directors shall reflect the principles as stipulated in this document. 5. Communication and Internalization of Good Corporate Governance The Bank Board of Directors is obligatory to communicate the application of GCG principles to the shareholders, shareholder candidate and stakeholder as well as internalizing it to the whole bank ranks. 6. Providing Fund to Related Party and Providing Big Fund a. In the framework of avoiding the failure of bank business as a result of concentration of fund provision and increasing the independency of Bank Management against potential intervention from the related party, the Bank is obligatory to apply the principle of prudence in providing fund among others by applying dissemination/diversification of portfolio for fund provision as given. b. The implementation of fund provision to the related party and/or the provision of big fund (large exposure) is obligatory to be guided with the provisions of regulator regarding maximum limit for providing credit or commercial bank.
BANK INDONESIA REGULATION NUMBER 11/33/PBI/2009 CONCERNING
REGULATION NUMBER 11/33/PBI/2009 CONCERNING THE IMPLEMENTATION OF GOOD CORPORATE GOVERNANCE BY ISLAMIC COMMERCIAL BANKS AND ISLAMIC BUSINESS UNITS BY THE GRACE OF THE ALMIGHTY GOD, THE GOVERNOR OF, Considering:
More informationCOMMISSIONERS CHARTER. PT. CENTRAL PROTEINA PRIMA Tbk
COMMISSIONERS CHARTER PT. CENTRAL PROTEINA PRIMA Tbk This is a translated version of the original article, which was written in Indonesian. In the event of any conflict between the translated and the original
More informationTHE BOARD OF COMMISSIONERS CHARTER
THE BOARD OF COMMISSIONERS Administrative Detail Policy Policy Owner Corporate Secretary Function Policy Custodian - Corporate Secretary Function - Enterprise Policy & Portfolio Management Division Version
More informationOECD GUIDELINES ON INSURER GOVERNANCE
OECD GUIDELINES ON INSURER GOVERNANCE Edition 2017 OECD Guidelines on Insurer Governance 2017 Edition FOREWORD Foreword As financial institutions whose business is the acceptance and management of risk,
More informationBOARD OF DIRECTORS CHARTER
BOARD OF DIRECTORS CHARTER 1. Introduction As an Indonesian limited liability company, PT Toyota Astra Financial Services (the Company or TAFS ) has 3 (three) corporate bodies, comprising: The General
More informationANNEX I.34. LAW OF THE REPUBLIC OF INDONESIA NUMBER 40 YEAR 2007 Concerning LIMITED LIABILITY COMPANY
ANNEX I.34 LAW OF THE REPUBLIC OF INDONESIA NUMBER 40 YEAR 2007 Concerning LIMITED LIABILITY COMPANY 1 LAW OF REPUBLIC OF INDONESIA NUMBER 40 YEAR 2007 ON LIMITED LIABILITY COMPANY UPON THE MERCY OF GOD
More informationLAW OF THE REPUBLIC OF INDONESIA NUMBER 21 OF 2011 ON FINANCIAL SERVICES AUTHORITY BY THE BLESSINGS OF ALMIGHTY GOD
LAW OF THE REPUBLIC OF INDONESIA NUMBER 21 OF 2011 ON FINANCIAL SERVICES AUTHORITY BY THE BLESSINGS OF ALMIGHTY GOD THE PRESIDENT OF THE REPUBLIC OF INDONESIA, Considering : a. that to realize the national
More informationP a g e 1 FINANCE SECTOR CODE OF CORPORATE GOVERNANCE
P a g e 1 FINANCE SECTOR CODE OF CORPORATE GOVERNANCE Amended February 2016 P a g e 2 CONTENTS Page Introduction 5 Principles and Guidance 1. THE BOARD 8 Companies should be headed by an effective Board
More informationLAW OF GEORGIA ON DEPOSIT INSURANCE SYSTEM. Chapter I. General Provisions. Article 1. Scope of the Law
LAW OF GEORGIA ON DEPOSIT INSURANCE SYSTEM Chapter I General Provisions Article 1. Scope of the Law 1. The present Law defines legal framework for establishment of the Deposit Insurance System, governance
More informationCorporate Governance. Chapter I. Introduction and Basic Principles. Company in the social context and the definition of
Corporate Governance Chapter I Introduction and Basic Principles Company in the social context and the definition of Corporate Governance Corporate Governance is a process, structure and cultures employed
More informationMINISTRY OF FINANCE OF REPUBLIC OF INDONESIA CAPITAL MARKET AND FINANCIAL INSTITUTION SUPERVISORY AGENCY
MINISTRY OF FINANCE OF REPUBLIC OF INDONESIA DECISION OF CHAIRMAN OF CAPITAL MARKET AND FINANCIAL INSTITUTION SUPERVISORY AGENCY DUPLICATE OF DECISION OF CHAIRMAN OF CAPITAL MARKET AND FINANCIAL INSTITUTION
More informationTERMS OF REFERENCE FOR THE BOARD OF DIRECTORS
TERMS OF REFERENCE FOR THE BOARD OF DIRECTORS I. INTRODUCTION The primary responsibility of the (the Board ) is to maximize returns to shareholders of (the Corporation ) and to foster the long-term success
More informationRule Corporate Governance for Insurers
Rule Corporate Governance for Insurers 1 Statement of Objectives 1.1 To set out the Cayman Islands Monetary Authority s ( Authority s ) rule on Corporate Governance for insurers, (each of the sub-paragraphs
More informationGuidelines on Good Corporate Governance. PT Semen Indonesia (Persero) Tbk.
Guidelines on Good Corporate Governance PT Semen Indonesia (Persero) Tbk. TABLE OF CONTENT CHAPTER I INTRODUCTION... 1 1.1. BACKGROUND... 1 1.2 PURPOSE AND OBJECTIVE... 1 1.3 SCOPE... 2 1.4 LEGAL BASIS
More informationPRESIDENT OF THE REPUBLIC OF INDONESIA LAW OF THE REPUBLIC OF INDONESIA NUMBER 24 OF 2011 CONCERNING THE SOCIAL SECURITY ADMINISTRATIVE BODY
PRESIDENT OF THE REPUBLIC OF INDONESIA LAW OF THE REPUBLIC OF INDONESIA NUMBER 24 OF 2011 CONCERNING THE SOCIAL SECURITY ADMINISTRATIVE BODY BY THE GRACE OF GOD ALMIGHTY, PRESIDENT OF THE REPUBLIC OF INDONESIA
More informationBANK INDONESIA REGULATION NUMBER: 5/ 8 /PBI/2003 CONCERNING APPLICATION OF RISK MANAGEMENT FOR COMMERCIAL BANKS THE GOVERNOR OF BANK INDONESIA,
BANK INDONESIA REGULATION NUMBER: 5/ 8 /PBI/2003 CONCERNING APPLICATION OF RISK MANAGEMENT FOR COMMERCIAL BANKS THE GOVERNOR OF BANK INDONESIA, Considering: a. whereas the situation in the external and
More informationTELECOM ITALIA PRINCIPLES OF CORPORATE GOVERNANCE
TELECOM ITALIA PRINCIPLES OF CORPORATE GOVERNANCE AMENDED ON 24 SEPTEMBER 2018 Corporate Governance Principles of Telecom Italia Page 1 1. Introduction 1.1 Telecom Italia complies with the Corporate Governance
More informationSTATEMENT ON CORPORATE GOVERNANCE PRINCIPLES FOR YEAR 2016
Joint-stock company DITTON PIEVADĶĒŽU RŪPNĪCA Reg.No.40003030187 STATEMENT ON CORPORATE GOVERNANCE PRINCIPLES FOR YEAR 2016 Corporate Governance Report Annex to the Annual Report 2016 Daugavpils 2017 I
More informationSipchem Corporate Governance
Sipchem Corporate Governance The corporate governance system was approved by the Normal General Assembly on 04/04/2009 1 Contents Page Chapter one 3 Preliminary Provisions....... 3 Introduction. 3 1. Definitions...
More informationAL KOOT INSURANCE & REINSURANCE COMPANY BOARD OF DIRECTORS CHARTER
AL KOOT INSURANCE & REINSURANCE COMPANY BOARD OF DIRECTORS CHARTER Al Koot Insurance & Reinsurance Company _BOD Charter Page 1 AL KOOT INSURANCE & REINSURANCE COMPANY BOARD OF DIRECTORS CHARTER Introduction
More informationTHE ANNUAL REPORT ON THE IMPLEMENTATION OF INTEGRATED GOVERNANCE FOR THE FINANCIAL CONGLOMERATE OF SUMITOMO MITSUI BANKING CORPORATION GROUP 2017
THE ANNUAL REPORT ON THE IMPLEMENTATION OF INTEGRATED GOVERNANCE FOR THE FINANCIAL CONGLOMERATE OF SUMITOMO MITSUI BANKING CORPORATION GROUP 2017 PT Bank Sumitomo Mitsui Indonesia PT Bank Tabungan Pensiunan
More informationTERMS AND CONDITIONS OF APPOINTMENT OF INDEPENDENT DIRECTORS OF YES BANK LIMITED (THE BANK )
TERMS AND CONDITIONS OF APPOINTMENT OF INDEPENDENT DIRECTORS OF YES BANK LIMITED (THE BANK ) 1. Appointment: The Bank has adopted the requirements under the provisions of Companies Act, 2013 (the Act )
More informationMINISTRY OF FINANCE OF REPUBLIC OF INDONESIA CAPITAL MARKET SUPERVISORY AGENCY
MINISTRY OF FINANCE OF REPUBLIC OF INDONESIA CAPITAL MARKET SUPERVISORY AGENCY DUPLICATE OF DECISION OF CHAIRMAN OF CAPITAL MARKET AND FINANCIAL INSTITUTION SUPERVISORY AGENCY NUMBER: KEP-329/BL/2007 CONCERNING
More informationRevised Ethical Standard 2016
Standard Audit and Assurance Financial Reporting Council June 2016 Revised Ethical Standard 2016 The FRC s mission is to promote transparency and integrity in business. The FRC sets the UK Corporate Governance
More informationPT Bank Central Asia Tbk Annual Report
274 PT Bank Central Asia Tbk - 2017 Annual Report BCA believes that the implementation of GCG can serve to direct and control the Bank so as to satisfy the expectations of all stakeholders, in accordance
More informationTHE TELECOM ITALIA PRINCIPLES OF CORPORATE GOVERNANCE
THE TELECOM ITALIA PRINCIPLES OF CORPORATE GOVERNANCE Approved on 6 December 2012 SUMMARY Article 1 - Introduction pag. 2 Article 2 - Rules of conduct pag. 2 Article 3 - Composition of the Board of Directors
More informationCompany Law of the People's Republic of China (2014)
Chapter 6: Qualifications and Obligations of the Directors, Supervisors, and Senior Management Personnel of a Company Chapter 7: Corporate Bonds Chapter 8: Finance and Accounting of a Company Chapter 9:
More informationSRI LANKA RELATED SERVICES PRACTICE STATEMENT 4750
SRI LANKA RELATED SERVICES PRACTICE STATEMENT 4750 ENGAGEMENTS TO REPORT ON THE COMPLIANCE WITH THE CORPORATE GOVERNANCE DIRECTIVE ISSUED BY THE CENTRAL BANK OF SRI LANKA (Effective for engagements commencing
More informationBANKING LAW OF MONGOLIA. (revised) CHAPTER I General Provisions
Unofficial translation Approved: Jan. 28, 2010 BANKING LAW OF MONGOLIA (revised) CHAPTER I General Provisions Article 1. Purpose of the law 1.1. The purpose of this law shall be the regulation of relations
More informationCORPORATE GOVERNANCE REPORT
CORPORATE GOVERNANCE REPORT PREPARED IN ACCORDANCE WITH THE CORPORATE GOVERNANCE PRINCIPLES AND APPLICATION ADVICES APPROVED BY NASDAQ OMX RIGA STOCK EXCHANGE ON MAY, 2010 Reporting year of 2016 TABLE
More informationJune The annexure includes a key to where our corporate governance disclosures can be located.
Appendix 4G Key to Disclosures Corporate Governance Council Principles and Recommendations Name of entity: Black Rock Mining Limited ABN / ARBN: Financial year ended: 59 094 551 336 30 June 2018 Our corporate
More informationETHICAL STANDARD FOR AUDITORS (IRELAND) APRIL 2017
ETHICAL STANDARD FOR AUDITORS (IRELAND) APRIL 2017 MISSION To contribute to Ireland having a strong regulatory environment in which to do business by supervising and promoting high quality financial reporting,
More informationJOINT STOCK COMPANY VEF. Corporate Governance Report For year 2015
JOINT STOCK COMPANY VEF Corporate Governance Report For year 2015 TABLE OF CONTENTS I INTRODUCTION... 3 II PRINCIPLES OF GOOD CORPORATE GOVERNANCE... 4 SHAREHOLDERS MEETING... 4 1. Ensuring shareholders
More information1.2. The company s title is Erdenes Mongol Limited Liability Company and its abbreviation is Erdenes Mongol LLC.
ERDENES MONGOL LIMITED LIABILITY COMPANY CHARTER One. General Provisions 1.1. This Charter is a primary document that defines Erdenes Mongol Limited Liability Company (hereinafter referred to as Company
More informationCorporate Governance
Corporate Governance Background Integrity and ethical behavior as well as responsible decision making is not only important to maintain an excellent reputation and to ensure professional management but
More informationICP 7 Corporate Governance. Yoshi Kawai, Secretary General ASSAL, April 2015
ICP 7 Corporate Governance Yoshi Kawai, Secretary General ASSAL, April 2015 Corporate Governance Refers to systems (such as strategies, policies, processes and controls) through which an entity is managed
More informationTHE GOVERNOR OF BANK INDONESIA,
Unofficial translation REGULATION OF BANK INDONESIA NUMBER 8/14/PBI/2006 CONCERNING AMENDMENT TO REGULATION OF BANK INDONESIA NUMBER 8/4/PBI/2006 REGARDING IMPLEMENTATION OF GOOD CORPORATE GOVERNANCE FOR
More informationAS RĪGAS KUĢU BŪVĒTAVA CORPORATE GOVERNANCE REPORT 2017 RĪGA
AS RĪGAS KUĢU BŪVĒTAVA CORPORATE GOVERNANCE REPORT 2017 Prepared based on the NASDAQ RIGA AS 2010 issued on corporate governance principles and recommendations on their implementation and the principle
More informationActions (Zhuhai) Employee Stock Ownership Incentive Plan. Actions (Zhuhai) Technology Co., Ltd. Employee Stock Ownership Incentive Plan
Actions (Zhuhai) Technology Co., Ltd. Employee Stock Ownership Incentive Plan February 2015 Table of Contents Chapter I Definitions... 1 Chapter II General Provisions... 3 Chapter III Basis for Determination
More informationCHARTER OF THE BOARD OF DIRECTORS I.C.C. INTERNATIONAL PUBLIC COMPANY LIMITED
CHARTER OF THE BOARD OF DIRECTORS I.C.C. INTERNATIONAL PUBLIC COMPANY LIMITED The Board of Directors fully recognize the importance of Corporate Governance Code and, in compliance with Chapter 3/1 of the
More informationCIRCULAR CSSF 13/563
COMMISSION de SURVEILLANCE du SECTEUR FINANCIER In case of discrepancies between the French and the English text, the French text shall prevail Luxembourg, 19 March 2013 To all credit institutions, investment
More informationLAW OF THE REPUBLIC OF INDONESIA NUMBER 9 OF 2016 ON PREVENTION AND RESOLUTION OF FINANCIAL SYSTEM CRISIS BY THE BLESSINGS OF ALMIGHTY GOD
LAW OF THE REPUBLIC OF INDONESIA NUMBER 9 OF 2016 ON PREVENTION AND RESOLUTION OF FINANCIAL SYSTEM CRISIS BY THE BLESSINGS OF ALMIGHTY GOD THE PRESIDENT OF THE REPUBLIC OF INDONESIA, Considering : a. that
More informationThe Articles of Incorporation. Association for Aid and Relief, Japan (AAR Japan)
The Articles of Incorporation Association for Aid and Relief, Japan (AAR Japan) CHAPTER I GENERAL PROVISIONS ARTICLE 1 (Name of the Organization) The name of this Specified Non-profit Corporation is Association
More informationCORPORATE GOVERNANCE REPORT 2017 JOINT STOCK COMPANY MODA KAPITALS RIGA, 2018
CORPORATE GOVERNANCE REPORT 2017 OF JOINT STOCK COMPANY MODA KAPITALS RIGA, 2018 CORPORATE GOVERNANCE REPORT 2017 TABLE OF CONTENTS I INTRODUCTION... 3 II PRINCIPLES OF GOOD CORPORATE GOVERNANCE... 4 SHAREHOLDERS
More informationEMPLOYEE WELFARE FUND ACT Act No. 4391, Aug. 10, 1991
EMPLOYEE WELFARE FUND ACT Act No. 4391, Aug. 10, 1991 Amended by Act No. 4917, Jan. 5, 1995 Act No. 5247, Dec. 31, 1996 Act No. 6454, Mar. 28, 2001 Act No. 8372, Apr. 11, 2007 Act No. 8407, Apr. 27, 2007
More informationPRESIDENT OF THE REPUBLIC OF INDONESIA LAW OF THE REPUBLIC OF INDONESIA NUMBER 24 YEAR 2011 THE IMPLEMENTING AGENCY OF SOCIAL SECURITY
LAW NUMBER 24 YEAR 2011 ON THE IMPLEMENTING AGENCY OF SOCIAL SECURITY BY THE GRACE OF THE GOD ALMIGHTY PRESIDENT, Consider : a. that the social security system shall be program of the state of which aimed
More informationCOPY REGULATION OF FINANCE MINISTER NUMBER 100/PMK.02/2009 CONCERNING INFRASTRUCTURE FINANCING COMPANIES FINANCE MINISTER,
COPY REGULATION OF FINANCE MINISTER NUMBER 100/PMK.02/2009 CONCERNING INFRASTRUCTURE FINANCING COMPANIES FINANCE MINISTER, Having considered : that in order to implement Article 8 of Presidential Decree
More informationCODE OF CORPORATE GOVERNANCE
CODE OF CORPORATE GOVERNANCE CONTENTS Introduction........2 Chapter I. Shareholders rights 3 Chapter II. The management bodies...5 2.1. The general meeting of shareholders...5 2.2. The transparency of
More informationBANK INDONESIA REGULATION NUMBER 6 / 9 /PBI/2004 CONCERNING THE SUBSEQUENT ACTION FOR SUPERVISION AND DESIGNATION OF BANK STATUS
Unofficial Translation BANK INDONESIA REGULATION NUMBER 6 / 9 /PBI/2004 CONCERNING THE SUBSEQUENT ACTION FOR SUPERVISION AND DESIGNATION OF BANK STATUS THE GOVERNOR OF BANK INDONESIA, Considering: a. whereas
More informationKurzemes CMAS, JSC Reg.No. LV Jaunpils, Tukums region, LV-3145
Kurzemes CMAS, JSC Reg.No. LV 40003017085 Jaunpils, Tukums region, LV-3145 APPROVED on meeting of the Board of joint-stock company Kurzemes ciltslietu un maksligas apseklošanas stacija of March 16, 2018
More informationBoard Risk & Compliance Committee Charter
Board Risk & Compliance Charter 4 August 2016 PURPOSE 1) The purpose of the Westpac Banking Corporation (Westpac) Board Risk & Compliance () is to assist the Board of Westpac (Board) as the Board oversees
More informationThe 2018 Corporate Governance Evaluation System
The 2018 Corporate Governance Evaluation System January 2018 1 1 Introduction to the Corporate Governance Evaluation System I. Preface The Financial Supervisory Commission ("FSC") issued a 5-year "Corporate
More informationOCEAN PARK CONSERVATION FOUNDATION, HONG KONG
OCEAN PARK CONSERVATION FOUNDATION, HONG KONG CODE OF GOVERNANCE Prepared: Mar 2012 Revised: Jun 2013 Page 1 of 22 OCEAN PARK CONSERVATION FOUNDATION, HONG KONG The Ocean Park Conservation Foundation ("OPCF")
More informationJOINT STOCK COMPANY GROBINA 2017 COORPORATE GOVERNANCE PRINCIPLES
JOINT STOCK COMPANY GROBINA 2017 COORPORATE GOVERNANCE PRINCIPLES TABLE OF CONTENTS I INTRODUCTION... 3 1. General Provisions... 3 2. Objective of the Recommendations... 3 3. Implementation of the principles
More informationGUIDELINES FOR THE CORPORATE GOVERNANCE OF CREDIT UNIONS
SUPERVISORY AND REGULATORY GUIDELINES Guidelines Issued: 22 December 2015 GUIDELINES FOR THE CORPORATE GOVERNANCE OF CREDIT UNIONS 1. INTRODUCTION 1.1 The Central Bank of The Bahamas ( the Central Bank
More informationANZ Board Charter. 1.2 ANZ places great importance on the values of honesty, integrity, quality and trust.
ANZ Board Charter Contents 1. Introduction 2. Purpose and Role 3. Powers 4. Specific Responsibilities 5. Board Membership 6. Independence 7. Meetings 8. Board Committees 9. Board Renewal, Performance Evaluation
More informationCS L3 Administrative Detail Policy NOMINATION POLICY OF MEMBER OF BOC, BOD, SSB, AND BOC COMMITEE CS L3. INTERNAL Page 1/23
NOMINATION POLICY FOR MEMBER OF THE BOARD OF COMMISSIONERS, THE BOARD OF DIRECTORS, SHARIA SUPERVISORY BOARD AND COMMITTEE OF THE BOARD OF COMMISSIONERS Administrative Detail Policy Policy Owner Corporate
More informationAct on Personnel Funds (934/2010)
NB: Unofficial translation Ministry of Employment and the Economy, Finland 2011 Act on Personnel Funds (934/2010) Chapter 1 General provisions Section 1 Purpose of the Act The purpose of this Act is to
More informationThe 2019 Corporate Governance Evaluation System
The 209 Corporate Governance Evaluation System January 209 Introduction to the Corporate Governance Evaluation System I. Preface The Financial Supervisory Commission ("FSC") issued a 5-year "Corporate
More informationDECREE. No. 194/2011 Coll. of 27 June 2011 on More Detailed Regulation of Certain Rules in Collective Investment PART ONE FUNDAMENTAL PROVISIONS
DECREE No. 194/2011 Coll. of 27 June 2011 on More Detailed Regulation of Certain Rules in Collective Investment Pursuant to Article 139 (2) of Act No. 189/2004 Coll., on Collective Investment, as amended
More informationGuidelines for Supervision of Credit Rating Agencies
Comprehensive Guidelines for Supervision of Financial Instruments Business Operators, etc. (Supplement) Guidelines for Supervision of Credit Rating Agencies April 2015 Securities Business Division, Supervisory
More informationDraft Guideline. Corporate Governance. Category: Sound Business and Financial Practices. I. Purpose and Scope of the Guideline. Date: November 2017
Draft Guideline Subject: Category: Sound Business and Financial Practices Date: November 2017 I. Purpose and Scope of the Guideline This guideline communicates OSFI s expectations with respect to corporate
More informationPrinciples/ Policy for Corporate Governance
Principles/ Policy for Corporate Governance March 2011 Risk management 1 TABLE OF CONTENTS 1. Objective... 3 2. Value creation... 3 3. Roles and responsibilities... 4 3.1. Governing bodies... 4 3.2. Control
More informationMEETING MATERIALS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS 2018 PT. BANK TABUNGAN NEGARA (PERSERO) Tbk
MEETING MATERIALS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS 2018 PT. BANK TABUNGAN NEGARA (PERSERO) Tbk Schedule Day, Date : Friday, March 23 rd, 2018 Venue Time : Menara BTN Building, 6 th floor :
More informationBANK INDONESIA REGULATION NUMBER 8/20/PBI/2006 CONCERNING TRANSPARENCY OF FINANCIAL CONDITION OF RURAL BANKS THE GOVERNOR OF BANK INDONESIA,
Unofficial Translation BANK INDONESIA REGULATION NUMBER 8/20/PBI/2006 CONCERNING TRANSPARENCY OF FINANCIAL CONDITION OF RURAL BANKS THE GOVERNOR OF BANK INDONESIA, Considering : a. whereas based on Act
More informationANNEX 1.37 LAW OF THE REPUBLIC OF INDONESIA NUMBER 11 OF 1992 CONCERNING PENSION FUND
ANNEX 1.37 LAW OF THE REPUBLIC OF INDONESIA NUMBER 11 OF 1992 CONCERNING PENSION FUND 1 LAW OF THE REPUBLIC OF INDONESIA NUMBER 11 OF 1992 CONCERNING PENSION FUND WITH THE BLESSING OF THE ALMIGHTY GOD
More informationArticle of Association. PT Bank Mandiri (Persero) Tbk.
Article of Association PT Bank Mandiri (Persero) Tbk. 2018 1 NAME AND DOMICILE Article 1 1. This Limited Liability Company shall bear the name PERUSAHAAN PERSEROAN (PERSERO) PT Bank Mandiri Tbk. or abbreviated
More informationNovember Rules of Procedure for the Board of Directors of Íslandsbanki hf.
November 2015 Rules of Procedure for the Board of Directors of Íslandsbanki hf. RULES OF PROCEDURE FOR THE BOARD OF DIRECTORS OF ÍSLANDSBANKI HF. Table of contents Chapter I. General matters... 3 Article
More informationJoint stock company Gaso ARTICLES OF ASSOCIATION
APPROVED at the Shareholders' meeting of the Joint Stock Company "Gaso" on November 22, 2017, minutes No.1 (2017) Joint stock company Gaso ARTICLES OF ASSOCIATION 1. COMPANY NAME 1.1. The company name
More informationDECREE. No. 163/2014 Coll. on the performance of the activities of banks, credit unions and investment firms
DECREE No. 163/2014 Coll. on the performance of the activities of banks, credit unions and investment firms The Czech National Bank stipulates, pursuant to Article 8b(7), Article 8c(3), Article 10a(3),
More informationBANK INDONESIA REGULATION NUMBER: 5/5/PBI/2003 CONCERNING RUPIAH AND FOREIGN CURRENCY MONEY MARKET BROKERAGE COMPANIES THE GOVERNOR OF BANK INDONESIA,
BANK INDONESIA REGULATION NUMBER: 5/5/PBI/2003 CONCERNING RUPIAH AND FOREIGN CURRENCY MONEY MARKET BROKERAGE COMPANIES THE GOVERNOR OF BANK INDONESIA, Considering : a. whereas the integrated development
More informationJakarta, March 17th, 2017
MEETING MATERIALS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS (AGMS) 2017 PT BANK TABUNGAN NEGARA (PERSERO) Tbk Jakarta, March 17th, 2017 AGENDA AGM 2017 1 2 3 4 Approval of Annual Report including ratification
More informationANNEX II.9 REGULATION OF GOVERNMENT OF THE REPUBLIC OF INDONESIA NUMBER 77 OF 1992 CONCERNING FINANCIAL INSTITUTION PENSION FUND
ANNEX II.9 REGULATION OF GOVERNMENT OF THE REPUBLIC OF INDONESIA NUMBER 77 OF 1992 CONCERNING FINANCIAL INSTITUTION PENSION FUND 1 REGULATION OF GOVERNMENT OF THE REPUBLIC OF INDONESIA NUMBER 77 OF 1992
More informationGuidelines for the Board
Tab No. D-2 Guidelines for the Board February 14, 2013 1.0 INTRODUCTION... 1 2.0 DUTIES AND RESPONSIBILITIES... 1 2.1 Best Interests of the CPP Investment Board... 1 2.2 Integrity... 1 2.3 Board Timetable...
More informationGOOD PRACTICES FOR GOVERNANCE OF PENSION SUPERVISORY AUTHORITIES
. GOOD PRACTICES FOR GOVERNANCE OF PENSION SUPERVISORY AUTHORITIES November 2013 GOOD PRACTICES FOR GOVERNANCE OF PENSION SUPERVISORY AUTHORITIES Introduction 1. Promoting good governance has been at the
More informationGovernance Report for the year ended 31st December 2012
Governance Report 2012 Governance Report for the year ended 31st December 2012 Dear Shareholders, It is with great pleasure and honour that I present to you the Report on Corporate Governance of Qatar
More informationIn the Name of Allah, the Most Gracious, the Most Merciful
In the Name of Allah, the Most Gracious, the Most Merciful Governance Code for Companies & Legal Entities Listed on the Main Market This is a translation of the Official Arabic version of Governance Code
More informationIntra-Group Transactions and Exposures Principles
Intra-Group Transactions and Exposures Principles THE JOINT FORUM BASEL COMMITTEE ON BANKING SUPERVISION INTERNATIONAL ORGANIZATION OF SECURITIES COMMISSIONS INTERNATIONAL ASSOCIATION OF INSURANCE SUPERVISORS
More information1. Name of the Company
ARTICLES OF ASSOCIATION Unofficial English translation CONSOLIDATED WITH AMENDMENTS 1. Name of the Company 1.1 Name of the Company: MFB Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársaság 1.2 Name
More informationHuishang Bank Corporation Limited * *
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationIOPS Technical Committee DRAFT GOOD PRACTICES FOR GOVERNANCE OF PENSION SUPERVISORY AUTHORITIES. Version for public consultation
IOPS Technical Committee DRAFT GOOD PRACTICES FOR GOVERNANCE OF PENSION SUPERVISORY AUTHORITIES Version for public consultation DRAFT GOOD PRACTICES FOR GOVERNANCE OF PENSION SUPERVISORY AUTHORITIES Introduction:
More informationNotice of the China Banking Regulatory Commission on Issuing the Guidelines on the Corporate Governance of Commercial Banks[Effective]
Notice of the China Banking Regulatory Commission on Issuing the Guidelines on the Corporate Governance of Commercial Banks[Effective] 中国银监会关于印发商业银行公司治理指引的通知 [ 现行有效 ] Issuing authority: China Banking Regulatory
More informationModel Ethics and Conflict-of- Interest Policy for Texas Public Retirement Systems PENSION REVIEW BOARD
Model Ethics and Conflict-of- Interest Policy for Texas Public Retirement Systems PENSION REVIEW BOARD 12/19/2013 Table of Contents BACKGROUND... 1 I. Overview... 3 II. Code of Ethics... 3 III. General
More informationASIAN DEVELOPMENT BANK
ASIAN DEVELOPMENT BANK R191-00 12 September 2000 TECHNICAL ASSISTANCE TO INDONESIA FOR CORPORATE GOVERNANCE REFORM The attached Report is circulated for the information of the Board. The President approved
More informationFinancial Services Agency
Guideline for Financial Conglomerates Supervision March 2007 Financial Services Agency Guideline for Financial Conglomerates Supervision I Basic Concepts concerning Financial
More informationTHE BERMUDA MONETARY AUTHORITY. Insurance Act Statement of Principles
THE BERMUDA MONETARY AUTHORITY Insurance Act 1978 Statement of Principles June 2007 Statement of Principles The Insurance Act Contents Pursuant to Section 2A Introduction 3 Page 1. Explanation for the
More informationTerms of Reference of the Audit Committee. 2.1 The Committee shall consist of a Chairman and not fewer than two other members.
Terms of Reference of the Audit Committee 1. Function 1.1 The Audit Committee ( the Committee ) is appointed by the Board to ensure that the Company maintains the highest standards of integrity, financial
More informationJapan. Chapter 19. Nishimura & Asahi. 1 Setting the Scene Sources and Overview ICLG TO: CORPORATE GOVERNANCE
Chapter 19 Nobuya Matsunami Kaoru Tatsumi 1 Setting the Scene Sources and Overview 1.1 What are the main corporate entities to be discussed? The corporate entities discussed in this chapter are stock companies
More informationSTATEMENT ON CORPORATE GOVERNANCE PRINCIPLES
Joint-stock company DITTON PIEVADĖĒŽU RŪPNĪCA Reg.No.40003030187 STATEMENT ON CORPORATE GOVERNANCE PRINCIPLES (Annex to the Report on Corporate Governance of the Annual Report 2010) Daugavpils 2011 I GENERAL
More informationANSWER CITATION COMMENT QUESTION. The Responsibilities of the Board. Regulatory Framework
QUESTION ANSWER CITATION COMMENT The Responsibilities of the Board Regulatory Framework Please provide accurate historical description and analysis of the evolution and content of the regulatory framework
More informationGuidelines Concerning Listing Examination, etc. (as of May 1, 2015)
Guidelines Concerning Listing Examination, etc. (as of May 1, 2015) Tokyo Stock Exchange, Inc. I. General Provisions (Purpose, etc.) 1. These guidelines shall prescribe necessary matters concerning listing
More informationWAM Global Limited (ACN ) (Company) Corporate Governance Statement
WAM Global Limited (ACN 624 572 925) (Company) Corporate Governance Statement This Corporate Governance Statement sets out the Company s current compliance with the ASX Corporate Governance Council s 3
More informationANTI-CORRUPTION POLICY
Unofficial translation of the document approved by the Board of Directors of Salvatore Ferragamo S.p.A. on November 14, 2017 TABLE OF CONTENTS INTRODUCTION 1.1. COMMITMENT OF SALVATORE FERRAGAMO TO THE
More informationTHE ANNUAL REPORT ON THE IMPLEMENTATION OF INTEGRATED GOVERNANCE FOR THE FINANCIAL CONGLOMERATE OF SUMITOMO MITSUI BANKING CORPORATION GROUP 2015
THE ANNUAL REPORT ON THE IMPLEMENTATION OF INTEGRATED GOVERNANCE FOR THE FINANCIAL CONGLOMERATE OF SUMITOMO MITSUI BANKING CORPORATION GROUP 2015 PT Bank Sumitomo Mitsui Indonesia PT Bank Tabungan Pensiunan
More informationVietnam Law on Credit Institutions
Vietnam Law on Credit Institutions In order to ensure the soundness, prudence and efficient operations of credit institutions, to protect the interest of the State and the rights and legitimate interests
More informationPRESIDENT OF THE REPUBLIC OF INDONESIA LAW OF THE REPUBLIC OF INDONESIA NUMBER 40 YEAR 2014 INSURANCE BY THE GRACE OF ALMIGHTY GOD
PRESIDENT OF THE REPUBLIC OF INDONESIA LAW OF THE REPUBLIC OF INDONESIA NUMBER 40 YEAR 2014 ON INSURANCE BY THE GRACE OF ALMIGHTY GOD PRESIDENT OF THE REPUBLIC OF INDONESIA, CHAPTER I GENERAL PROVISIONS
More informationARTICLES OF ASSOCIATION OF PT BFI FINANCE INDONESIA Tbk. NAME AND DOMICILE ARTICLE Limited Liability Company named PT. BFI FINANCE INDONESIA
ARTICLES OF ASSOCIATION OF PT BFI FINANCE INDONESIA Tbk. NAME AND DOMICILE ARTICLE 1 1. Limited Liability Company named PT. BFI FINANCE INDONESIA Tbk, (hereinafter quite abbreviated as the "Company") is
More informationELUCIDATION TO REGULATION OF THE FINANCIAL SERVICES AUTHORITY NUMBER: 1/POJK.07/2013 CONCERNING CONSUMER PROTECTION IN THE FINANCIAL SERVICES SECTOR
ELUCIDATION I. TO REGULATION OF THE FINANCIAL SERVICES AUTHORITY NUMBER: 1/POJK.07/2013 CONCERNING CONSUMER PROTECTION IN THE FINANCIAL SERVICES SECTOR GENERAL REVIEW Article 4 of the FSA Law states that
More informationArticles of Association
Translation from Latvian REGISTERED in the Register of Enterprises of the Republic of Latvia on September 3, 1997 With amendments registered in the Register of Enterprises of the Republic of Latvia on
More informationFEDERATION OF BOSNIA AND HERZEGOVINA
FEDERATION OF BOSNIA AND HERZEGOVINA LAW ON THE SECURITIES COMMISSION dated 9 March 1998 Important Disclaimer This translation has been generously provided by USAID. This does not constitute an official
More information