Regulatory Alerts2021-04-12
Guidelines on Conduct of Directors of Listed Corporations and Their Subsidiaries
The Securities Commission Malaysia issued these guidelines to establish conduct requirements for directors of listed corporations and their subsidiaries. The document mandates that directors exercise duties in good faith, manage conflicts of interest, maintain proper accounting records for at least seven years, and implement a comprehensive group governance framework. It further requires listed corporations to ensure adequate cooperation, communication, and oversight mechanisms across the group to monitor financial and non-financial performance.
Share