Fit and proper policy axiata
Web2.2 The aim of this document is to provide the policy and procedures by which YDH will support its commitment to the fit and proper person requirements. The Trust will not permit any individual to hold the post of director who does not meet the standards required to be approved as a fit and proper person, either on appointment or through changing WebThe Fit and Proper Policy must be approved by the Board.7 14. An APRA-regulated institution must take all reasonable steps to ensure that 3 Refer to subsection 5(1) of the …
Fit and proper policy axiata
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WebFit and Proper Policy (1) Members of the Board must have the necessary qualities, competencies and experience that allows them to perform the duties and carry out the responsibilities required of the position in the most effective manner. ... Axiata Risk & Compliance Conference 2024 (16 July 2024) Raja Noorma Binti Raja Othman: AML/CFT … Web2. FIT AND PROPER CRITERIA 2.1 The following are the fit and proper criteria of a Director:- 2.1.1 Character and integrity (i) Probity • The Director is compliant with legal obligations, regulatory requirements and professional standards. • The Director has not been obstructive, misleading or untruthful in dealings with
WebAug 5, 2024 · According to Mak, a company's fit and proper policy should be as comprehensive as possible in considering fit and proper criteria for existing directors and new directors. He recommended that NRCs refer … WebAuthority's existing fit and proper requirements; and provides the Authority's rationale for its decision that additional Guidance is not required at this time. Existing Fit and Proper …
WebThe objective of the Policy is to set out the ‘fit and proper’ criteria based on which new directors proposed to be appointed and existing directors whose appointment is intended … WebAPRA uses the term ‘Fit and Proper’ in naming its standard in relation to eligibility to hold a responsible person position. Non-observance of this policy by directors, senior management and other persons covered by this policy could place the interests of Members and other stakeholders at risk. The objectives of this Policy are to:
WebFIT AND PROPER POLICY 4 (1) character and integrity; (2) experience and competency;and (3) time and commitment. 3.1.2 The fit and proper criteria1 of a Director include but not limited to the following: (1) Character and Integrity (i) Probity • He is compliant with legal obligations, regulatory requirements and professional standards.
Webin establishing and applying fit and proper policies and procedures; and (d) the minimum factors to consider in assessing whether a person is fit and proper as a key responsible … church of st peter in romeWeband Proper (CPS 520). Fit and Proper Policy 2. The Fit and Proper Policy of a private health insurer assists it in prudently managing the risk that responsible persons are not … church of st peter israelWebCompany Secretarial Department Fit and Proper Policy 2 CONTENTS 1. Policy Objective 1 2. Fit and Proper Criteria 1 2.1.1 Character and Integrity 1 2.1.2 Competence and capability 2 2.1.3 Time and commitment 2 3. Evaluation of a Candidate for Directorship or Re-Appointment of Director 3 4. Policy Subject to Periodical Review 3 church of st peter saratoga springsWebThe Group must ensure proper record-keeping on all relevant documentation for fit and proper and maintain high degree of confidentiality on such reports. Principle 6 Responsible Party for the Fit and Proper Exercise The responsible party must carry out its responsibility to conduct and oversee the fit and proper exercise on Key Responsible Persons. dewberry farms texasWebFIT AND PROPER CRITERIA OF DIRECTORS 1. The Board of the company shall ascertain the fit and proper criteria of the directors at the time of appointment, and on a continuing basis; 2. The Company should undertake a process of due diligence to determine the suitability of the person for appointment / continuing to hold appointment church of st peter portovenere italydewberry farms txWebdirectors’ fit and proper policy 1. introduction 1 2. objective 1 3. scope and application 1 to 3 4. responsibilities of the board and bnrc 3 5. assessment of fitness and propriety of … church of st peter paul and mary of grace