Regulatory Alerts2020-06-25 | 29646Revised Draft Corporate Governance Guideline
The financial regulatory authority has issued a revised draft corporate governance guideline mandating enhanced board oversight, stricter risk management frameworks, and clearer executive accountability across banking, insurance, fintech, and bureau de change sectors. Entities must align internal policies with these updated standards and implement structural adjustments within the designated transition window. Non-compliance may result in operational restrictions or license suspension, making early adoption critical for market continuity.
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