EP13: Provision 2.1 Independent Directors

18/03/2023 2 min Temporada 1 Episodio 13
EP13: Provision 2.1 Independent Directors

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Episode Synopsis

Provision 2.1 is commonly referenced, it says “An "independent" director is one who is independent in conduct, character and judgement, and has no relationship with the company, its related corporations, its substantial shareholders or its officers that could interfere, or be reasonably perceived to interfere, with the exercise of the director's independent business judgement in the best interests of the company.”Listen in to the various relationships that are deemed to impair independence and how contravening them means that the title of "Independent Director" can't be accorded. Show Notes1) Download the Singapore Code of Corporate Governance belowhttps://www.mas.gov.sg/-/media/mas/news-and-publications/code-of-corporate-governance-6-aug-2018-revised-11-jan-2023.pdf2) Join the preparatory course for the SCA examshttps://courses.learningluminaries.com/courses/sca-business-valuation-governance