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05-25 Revised Code Augurs Well for S’pore Firms
2 pagine
Pubblicato da
Lorie Smith
Revised Code Augurs Well for S’pore
Firms
Singapore company registration specialists Rikvin anticipates that the revised code of
corporate governance issued by Monetary Authority of Singapore (MAS) on May 2
will enhance investor...
[Di più]
Revised Code Augurs Well for S’pore
Firms
Singapore company registration specialists Rikvin anticipates that the revised code of
corporate governance issued by Monetary Authority of Singapore (MAS) on May 2
will enhance investor confidence in the republic s capital markets and develop strong
corporate governance among the listed companies here.
The Monetary Authority of Singapore (MAS) has accepted most of the
recommendations made by the Corporate Governance Council (CGC).
The
council was established by MAS in February 2010 to promote a high standard of
corporate governance among listed companies in Singapore.
The Council submitted
its recommendations on November 22, 2011 after widespread consultations.
The revised code will take effect in respect of annual reports relating to the financial
year commencing on November 1, 2012.
It incorporates key changes in the areas of:
1.
director independence,
2.
board composition,
3.
director training,
4.
multiple directorships,
5.
altern
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