ehensive enforcement powers.
В
X
В В В
Enforcement power on the basis of criminal legislation limited.
Principle 10 - Effective use of the powers. The regulatory system should ensure an effective and credible use of inspection, investigation, surveillance and enforcement powers and the implementation of an effective compliance program.
В
X
В В В
Limited power was well used. Faced with a severe resource constraint.
Principle 11 - Authority to share information. The regulator should have the authority to share both public and non-public information with domestic and foreign counterparts.
X
В В В В В
Principle 12 - Information sharing mechanisms. Regulators should establish information sharing mechanisms that set out when and how they will share both public and non-public information with their domestic and foreign counterparts.
В В
X
В В
No specific MOU or other agreement/Procedure has been established. /Td>
Principle 13 - Assistance to foreign regulators. The regulatory system should allow for assistance to be provided to foreign regulators who need to make inquiries in the discharge of their functions and the exercise of their powers.
В
X
В В В
Lack of legal immunity of NSCG staff in handling sensitive information in good faith.
Principle 14 - Full, timely and accurate disclosure. There should be full, timely and accurate disclosure of financial results and other information that is material to investors 'decisions.
В
X
В В В
Sound rule but compliance needed (Due to the lack of enforcement power of NSCG over Reporting Companies?) /Td>
Principle 15 - Fair and equitable treatment of securities holders. Holders of securities in a company should be treated in a fair and equitable manner.
В
X
В В В
Compliance needed. (Private rights of action including class action are not established while the NSCG's enforcement power over Reporting Companies is limited.)
Principle 16 - Accounting standards. Accounting and auditing standards should be of a high and internationally acceptable quality.
В
X
...
