58-201 - Corporate Governance Principles [NP Amendment Proposed - Lapsed]

Concurrently Published:

• BCN 2008/54 - Request for Comments - Revised Corporate Governance Regime [BCN - Lapsed]

Table of Contents

PART 1 INTRODUCTION AND APPLICATION
1.1 What is corporate governance?
1.2 Purpose of this Policy
1.3 Structure of this Policy
1.4 Application to non-corporate entities
1.5 Related disclosure requirements
1.6 Other requirements and guidelines regarding corporate governance

PART 2 INTERPRETATION
2.1 Meaning of independence
2.2 Meaning of subsidiary entity
2.3 Definitions

PART 3 PRINCIPLES
Principle 1 - Create a framework for oversight and accountability
Principle 2 - Structure the board to add value
Principle 3 - Attract and retain effective directors
Principle 4 - Continuously strive to improve the board’s performance
Principle 5 - Promote integrity
Principle 6 - Recognize and manage conflicts of interest
Principle 7 - Recognize and manage risk
Principle 8 - Compensate appropriately
Principle 9 - Engage effectively with shareholders