To build strong businesses, regulators need to put in place an effective oversight of business activities.<\/p>\n
Speaking at the annual Asian Roundtable on Corporate Governance (ARCG) yesterday, Securities Commission Chairman Datuk Syed Zaid Albar says there is growing awareness amongst governments and regulators that sustainable economic growth requires a proactive regulatory approach.<\/p>\n
\u201cIt is better to ensure good governance now because it is far less costly than paying for consequences of bad governance later,\u201d he continues.<\/p>\n
\u201cThe new government is determined to restore Malaysia\u2019s status in global public governance standings. The SC will remain vigilant in its pursuit of any potential breaches of securities law and it is my remit, and that of the SC, to discharge our duties with the utmost professional competence and highest levels of personal integrity,\u201d he adds.<\/p>\n
The roundtable, organised jointly by the SC and the Organisation for Economic Cooperation and Development (OECD), saw participation of over 100 regulators, academics, representatives from global and regional institutions.<\/p>\n
Syed Zaid also stresses that gender diversity on board and senior management remains a key priority in the SC\u2019s corporate governance agenda.<\/p>\n
\u201cIn order to accelerate Malaysia\u2019s national target of 30% women on boards by 2020, the SC has introduced various initiatives to encourage a more diverse board composition. We will be working closely with the Institutional Investor Council to drive the gender diversity targets in Malaysia,\u201d he concludes.<\/p>\n","protected":false},"excerpt":{"rendered":"
To build strong businesses, regulators need to put in place an effective oversight of business activities. Speaking at the annual Asian Roundtable on Corporate Governance (ARCG) yesterday, Securities Commission Chairman Datuk Syed Zaid Albar says there is growing awareness amongst governments and regulators that sustainable economic growth requires a proactive regulatory approach. \u201cIt is better […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-2272","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/2272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=2272"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/2272\/revisions"}],"predecessor-version":[{"id":4305,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/2272\/revisions\/4305"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=2272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=2272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=2272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}