Regulatory Alerts2019-10-23
CMA Publishes Second State of Corporate Governance Report
The Capital Markets Authority's second State of Corporate Governance Report shows an improvement in the weighted average score of 53 issuers to 61% for the 2018/19 financial year. Issuers received tailored feedback on their performance, which categorized entities across four tiers ranging from leadership to those needing improvement. The Authority continues to refine its assessment framework by aligning with international standards to foster sustainable corporate practices and market integrity.
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