SEBI’s International Advisory Board discusses on implementation of OECD principles of Corporate Governance
Sixth meeting of SEBI’s International Advisory Board (IAB) was held on Dec. 21 & 22, 2015; Major issues discussed during the meeting were: (i) Implementation of OECD Principles of Corporate Governance, (ii) Spot Price Determination of Commodities, (iii) Issues with respect to functioning of Credit Rating Agencies, (iv) Market conduct, (v) Bankruptcy Mechanism in India - Issues and Concerns; IAB took note of important global shifts in market structure (e.g. growing significance of private markets vs. public markets, decline in no. of listed cos. etc.) and their implications on corporate governance, observes that new OECD code recognizes variation in equity markets in different jurisdictions; Observes that new OECD code reflects on lessons arising out of global financial crisis and recent scandals, opines that SEBI should complement the new code with a forward looking approach and consider the emerging trends and role of the corporate sector in 21st century in its policy making: SEBI
Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Official Blog Fema India Experts Connect with our Facebook Page:- Click and Like our Page Subscribe our Email updates like other 13,300 Members, Free/Easy/Comfortableway
Sixth meeting of SEBI’s International Advisory Board (IAB) was held on Dec. 21 & 22, 2015; Major issues discussed during the meeting were: (i) Implementation of OECD Principles of Corporate Governance, (ii) Spot Price Determination of Commodities, (iii) Issues with respect to functioning of Credit Rating Agencies, (iv) Market conduct, (v) Bankruptcy Mechanism in India - Issues and Concerns; IAB took note of important global shifts in market structure (e.g. growing significance of private markets vs. public markets, decline in no. of listed cos. etc.) and their implications on corporate governance, observes that new OECD code recognizes variation in equity markets in different jurisdictions; Observes that new OECD code reflects on lessons arising out of global financial crisis and recent scandals, opines that SEBI should complement the new code with a forward looking approach and consider the emerging trends and role of the corporate sector in 21st century in its policy making: SEBI
Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Official Blog Fema India Experts Connect with our Facebook Page:- Click and Like our Page Subscribe our Email updates like other 13,300 Members, Free/Easy/Comfortableway
