All posts tagged "audit committee"
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222IndiaSEBI Clarifies New Related Party Transaction Rule
Related party transactions approved before 1 April under the old rules will require approval from shareholders.
April 7, 2022 -
254PhilippinesBSP Allows Trust Companies to Outsource Internal Audit Function
The BSP says trust companies can use the internal audit function of a parent bank or NBFI, or outsource internal audit activities to an external firm.
April 4, 2022 -
526KoreaFSC Korea Revises Corporate Governance Disclosure Rules
The revisions will require companies to provide additional disclosures in relation to business split-offs and internal transactions with affiliated firms.
March 9, 2022 -
519India
SEBI Directs Fund Managers to Constitute Audit Committees
AMC audit committees will have obligations to review findings of suspected fraud, irregularities, internal control failures, and other issues highlighted by whistleblowers.
February 12, 2022 -
419ChinaChina’s NPC Standing Committee Revises Company Law
The law strengthens the responsibilities, loyalty and diligence obligations of controlling shareholders and management personnel to protect investors.
January 17, 2022 -
637AML / KYC
SEBI Requires Debt Issuers to Disclose Related Party Transactions
High-value debt listed entities must submit reports on their related party transactions to stock exchanges every six months.
January 13, 2022 -
624TaiwanTaiwan FSC Revises Guidelines on Financial Industry Disclosures
The amendments will enhance disclosures on environmental and social issues, board diversity and independence, and information security policies and risks.
January 5, 2022 -
376Asia-PacificSri Lanka Regulator to Align Rules with New SEC Act Within January
The new SEC Act passed in September paves the way for new rules and guidelines to raise ESG standards among listed companies in Sri Lanka.
December 28, 2021 -
342MalaysiaBursa Malaysia to Enhance Conflict of Interest Disclosure Rules
Proposed amendments will require directors and senior managers of listed companies to disclose their interests in competing businesses.
December 2, 2021 -
486India
SEBI Issues New Disclosure Rules for Related-Party Transactions
Listed companies will have to submit information on related-party transactions to stock exchanges every six months and secure shareholder approval.
November 25, 2021
