Sustainability Policies and Practices for Corporate Governance in Asia
Annex B. Source for legal frameworks on the responsibilities of boards
|
Jurisdiction |
Source |
|---|---|
|
Bangladesh |
Government of Bangladesh (1994), Companies Act (No. 18 of 1994), http://bdlaws.minlaw.gov.bd/act-788.html Corporate Governance Code 2018: Bangladesh Securities and Exchange Commission (2020), Corporate Governance Guidelines, https://sec.gov.bd/crequest/Draft_Corporate_Governance_Guidelines_21.12.2017.pdf |
|
Cambodia |
Securities and Exchange Commission of Cambodia (2018), “Prakas on Corporate Governance for the Listed Companies”, https://www.serc.gov.kh/boards/data_dir/m23Prakas/100043.pdf Cambodia (2022), Law on Commercial Enterprises, https://cdc.gov.kh/wp-content/uploads/2022/04/Law-on-Commercial-Enterprises_English_050517.pdf |
|
China |
Government of China (2018), Company Law of the People's Republic of China http://www.npc.gov.cn/zgrdw/npc/xinwen/2018-11/05/content_2065671.htm |
|
Hong Kong (China) |
Department of Justice (2014), Companies Ordinance (Cap. 622), https://www.elegislation.gov.hk/hk/cap622 Hong Kong Stock Exchange (HKEx), Listing Rules, https://en-rules.hkex.com.hk/rulebook/main-board-listing-rules |
|
India |
Government of India, Companies Act 2013, https://www.mca.gov.in/Ministry/pdf/CompaniesAct2013.pdf |
|
Indonesia |
Government of Indonesia (2007), Law on Limited Liability Company International Finance Corporation and Otoritas Jasa Keuangan (OJK) (2018), The Indonesia Corporate Governance Manual, Second Edition, https://elibrary.worldbank.org/doi/pdf/10.1596/30122 |
|
Japan |
Government of Japan (2005), Companies Act (No. 86 of 2005), https://www.japaneselawtranslation.go.jp/en/laws/view/3206/en Government of Japan (1896), Companies Act (No. 89 of 19865), https://www.japaneselawtranslation.go.jp/en/laws/view/4314#je_pt3ch2sc10at5 Government of Japan (2006), Financial Instruments and Exchange Act, https://www.japaneselawtranslation.go.jp/en/laws/view/2355/en Financial Services Agency of Japan and Tokyo Stock Exchange Corporate Governance Code and Stewardship Code (2021), https://www.jpx.co.jp/english/news/1020/20210611-01.html |
|
Korea |
Korea (2020), Commercial Act (No. 17362), https://elaw.klri.re.kr/kor_service/lawView.do?hseq=54525&lang=ENG |
|
Lao PDR |
Lao People’s Democratic Republic (2013), Enterprise Law (No. 46/NA), dated 26 December 2013, http://lsp.moic.gov.la/index.php?r=site%2Fdisplaylegal&id=115#129 Lao People’s Democratic Republic (2019), Law on Securities, dated 3 December 2019, http://www.lsc.gov.la/Doc_legal/Law%20on%20Securities%20Eng_edited_2019_d29.pdf Lao People’s Democratic Republic (2023), Securities Exchange Regulations, http://www.lsx.com.la/rules/regulations/listPosts.do Lao People’s Democratic Republic (2019), Securities Commission, Decision on Board of Directors, dated 26 April 2019, |
|
Malaysia |
Government of Malaysia (2016), Companies Act 2016 (Act 777), |
|
Mongolia |
Government of Mongolia (2020), Law on Company, http://www.frc.mn/resource/frc/Document/2020/09/01/4uupffsbdbdow2fj/2020.09.01%20Law%20on%20Company.pdf Government of Mongolia (2022), Financial Regulatory Commission, Code of Corporate Governance https://track.unodc.org/uploads/documents/BRI-legal-resources/Mongolia/8_-Corporate_governance_code.pdf Mongolian Stock Exchange (2022), Regulation on Information for Public Disclosure by Issuer, |
|
Pakistan |
Government of Pakistan, Companies Act (2017), https://www.secp.gov.pk/laws/acts/ Securities and Exchange Commission of Pakistan (2019), Listed Companies (Code of Corporate Governance) Regulations 2017, https://www.secp.gov.pk/document/listed-companies-corporate-governance-regulations-2017/ Securities and Exchange Commission of Pakistan (2016), Principles of Corporate Governance for Non-Listed Companies: https://www.secp.gov.pk/document/principles-of-corporate-governance/ |
|
Philippines |
Government of the Philippines (2019), Revised Corporation Code of the Philippines (RA No. 11232), The Securities and Exchange Commission Philippines (2016), SEC Memorandum Circular No. 19, Series of 2016, https://www.sec.gov.ph/mc-2016/mc-no-19-s-2016/#gsc.tab=0 |
|
Singapore |
Government of Singapore (2020), Singapore Companies Act 1967, https://sso.agc.gov.sg/Act/CoA1967 Government of Singapore (2020), Singapore Securities and Futures Act 2001, https://sso.agc.gov.sg/act/sfa2001#al- Monetary Authority of Singapore and Singapore Exchange (2023), Code of Corporate Governance and Practice Guidance Singapore Exchange (2023), Listing Rulebooks, https://rulebook.sgx.com/rulebook/sgx-rulebooks |
|
Chinese Taipei |
Ministry of Economic Affairs (2021), Company Act, https://law.moj.gov.tw/ENG/LawClass/LawAll.aspx?pcode=J0080001 |
|
Thailand |
The Securities and Exchange Commission of Thailand (2017), Corporate Governance Code , https://www.sec.or.th/cgthailand/EN/Pages/CGCODE/CGCODEINDEX.aspx The Securities and Exchange Act B.E. 2535 (1992) https://www.sec.or.th/cgthailand/EN/Documents/Regulation/SECAct_amend_index.pdf |
|
Sri Lanka |
Sri Lanka (2007), Companies Act No 07 of 2007, http://www.cmathew.com/resources/downloads/sri_lanka_company_act7_of_2007.pdf Institute of Chartered Accountants of Sri Lanka (2018), Code of Best Practice on Corporate Governance 2017 |
|
Viet Nam |
State Securities Commission of Viet Nam (2019), Viet Nam Corporate Governance Code of Best Practices, https://www.ecgi.global/node/7738 Viet Nam (2007), Circular No 116/2020/TT-BTC: Guidelines for Implementation of Some Articles on Administration of Public Companies in the Government’s Decree No 155/2020/ND-CP dated December 31,2020 Elaborating Some Articles of the Law on Securities. Viet Nam (2020), Law on Enterprises, https://thuvienphapluat.vn/van-ban/EN/Doanh-nghiep/Law-59-2020-QH14-Enterprises/451799/tieng-anh.aspx |