Particular person AMP executives are making ready for the possibility of dealing with felony fees over the billion-dollar ‘fees for no service’ scandal, the corporate’s lawyer said this morning. Companies that have gone public are topic to rules regarding their inside governance, such as how govt officers’ compensation is determined, and when and how information is disclosed to shareholders and to the general public. Within the United States, these rules are primarily implemented and enforced by the United States Securities and Exchange Fee (SEC). Other western nations have comparable regulatory bodies. The regulations are applied and enforced by the China Securities Regulation Fee (CSRC) in China. In Singapore, the regulatory authority is the Monetary Authority of Singapore (MAS), and in Hong Kong, it’s the Securities and Futures Fee (SFC).
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