8.1: Strengthen and enforce corporate governance standards
Code of Corporate Governance for Issuers of Securities to the Public 2015 gazetted in March 2016.Partnership Agreement between CMA and IFC signed in October 2016 .Training for board and management of issuers in November 2016.Task force between CMA and ICPSK set up in October 2016.Reporting template and scorecard for issuers developed and finalized in June 2017. Taskforce made recommendations on areas of improvement for the ICPSK training programme and guidelines for governance auditors. ICPSK governance auditors trained by CMA and IFC on the framework for governance audits for issuers in August 2017.
Stewardship Code for Institutional Investors gazzetted in June 2017.Reporting template for issuers developed.Governance auditors trained.
CMA has negotiated support program from IFC to facilitate NSE to develop governance and sustainability indices.