Latest Newsletter: MSWG Weekly Newsletter 14 June 2019 (English)
PLEASE MARK YOUR CALENDER
MSWG-ASEAN CORPORATE GOVERNANCE 2018
TO BE HELD AT THE MAJESTIC HOTEL, KUALA LUMPUR
ON WEDNESDAY, 31 JULY 2019
The findings and results of the level of Corporate Governance of Malaysian public listed companies using the ASEAN Corporate Governance Scorecard methodology will be announced followed by an award presentation ceremony to recognise the companies that have demonstrated high level of corporate governance practices.
We look forward to your participation and support at the event.
Politicians on Boards of PLCs
We have always maintained that it is not good governance for ‘active politicians’ to sit on Boards of PLCs.
Bank Negara Malaysia (BNM), in its Corporate Governance Guidelines, states clearly that “A director of a financial institution must not be an active politician”.
BNM states that an “active politician’ refers to an individual who is a member of any national or state legislative body, or who is an office bearer of, or holds any similar office or position in a political party.