C4-2.1.3
The Board’s role and responsibilities include but are not limited to:
(a) The overall business performance and strategy for the category 4 investment firm ;
(b) Causing financial statements to be prepared which accurately disclose the category 4 investment firm’s financial position;
(c) Monitoring management performance;
(d) Convening and preparing the agenda for shareholder meetings;
(e) Monitoring conflicts of interest and preventing abusive related party transactions; and
(e) Assuring equitable treatment of shareholders including minority shareholders.
Added: January 2022