Tuesday, July 19, 2005

Corporate Governance-SEC may take action against rule breakers


The Securities and Exchange Commission (SEC) is preparing a list of the companies, which are violating the principles of corporate governance, SEC Chairman Mirza Azizul Islam said yesterday.

The SEC may take actions against the companies for violating corporate governance rules, the chairman said while speaking at a seminar in Dhaka.

Dhaka Chamber of Commerce and Industry (DCCI) and Centre for Development Research, Bangladesh (CDRB) jointly organised the seminar on 'Corporate Governance and Control' at the DCCI conference room.


Azizul Islam said the SEC has launched a monitoring programme regarding corporate governance in collaboration with the Bangladesh Bank.

See full Article.