Resources
The Board: Roles and Responsibilities for the 21st Century
What is a board director really supposed to be doing? What is the balance between engagement and independence? To whom does a board director owe loyalty? What happens when things go wrong? Directors should seek to understand the board’s role and the core principles of their duties and responsibilities. They should put in place mechanisms within the board to ensure that these duties and responsibilities are discharged. The key to board effectiveness lies as much in behaviors and relationships as in structure and processes.
Corporate Governance: A Private Sector Perspective
Private enterprise helps drive economic growth and development in countries. There is broad recognition that good corporate governance standards better enable such growth and help meet wider development goals. As equity capital is seen as a key financing source for expansion of high-growth companies that are critical to driving economies, good corporate governance is particularly relevant to equity investors who take ownership stakes in projects or enterprises.
Corporate Governance from an Investor’s Perspective
Learn about International Finance Corporation (IFC)’s approach to corporate governance in its investment process. This presentation briefly describes the methodology used, practical examples and lessons learned from IFC’s numerous client engagements in Asia.
FIU Operational Effectiveness—Findings and Observations from the Asian Development Bank Perspective
This paper examines the specific findings on the level of technical compliance and operational effectiveness of the national financial intelligence units (FIUs) in 55 members of the Asian Development Bank under the mutual evaluations carried out by the Financial Action Task Force and its regional bodies (also referred to as FATF-style regional bodies) in connection with the current international standard for combating money laundering and terrorism financing (i.e. the FATF Recommendations). It also provides three observations for enhancing the use of financial information and intelligence. [Abstract]