＊Corporate Governance and Major Internal Policies︰
–Article of Incorporation
–Procedures for Acquisition or Disposal Assets
–Procedures for Endorsement & Guarantee
–Procedures for Lending Funds to Other Parties
–Corporate Governance Best-Practice Principles
–Rules of Procedure for Shareholders Meetings
–Charter of Nominating Committee for Directors and Supervisors
–Procedures for Election of Directors and Supervisors
–Rules of Procedure for Board of Directors Meetings
–Rules Governing the Scope of Powers of Independent Directors
–Rules Governing the Scope of Powers of Supervisors
–Directions for the Implementation of Continuing Education for Directors and Supervisors
–Audit Committee Charter
–Compensation Committee Charter
–Rules Governing the Exercise of Rights and Participation in Resolutions by Juristic Person Shareholders With Controlling Power
–Rules Governing Financial and Business Matters Between this Corporation and its Affiliated Enterprises
–Self-Regulatory Rules on Disclosure of Merger and Acquisition Information
–Guidelines for the Adoption of Codes of Ethical Conduct
–Ethical Corporate Management Best Practice Principles
–Corporate Social Responsibility Best Practice Principles
＊The Organization and Operation of Internal Audit︰
Coasia’s Internal Audit function is an independent unit that reports directly to the Board of Directors. Besides informing the Board during its ordinary meetings, it briefs the Chairman and the CEO on a monthly and on as needed basis.
The charter of Internal Audit is to review the internal controls in the company’s processes and to report on those controls with respect to the adequacy, effectiveness, and efficiency of their design as well as their actual functioning on day-to-day basis. All parts of the company and its subsidiaries are open for review by Internal Audit.
The majority of the audit work is executed according to an annual plan, which needs to be approved by the Board of Directors. Such plan will take into account risks that have been identified. Special audits or reviews are conducted as needed. The combination of the regular audits and the special projects provide management with feedback on the functioning of the internal control system; it gives management an additional channel to learn about existing or possible future weaknesses in the system, and addresses them in a timely manner.
The company supplements the review activities by Internal Audit with documented self-assessments by the departments and operational units. Internal Audit sees to it that these activities do take place, and reviews the submissions to ensure the quality of the process; it consolidates the results of the self-assessments for the Board of Directors.
There are one full time employees dedicated to Internal Audit, passed Certified Internal Auditor, Certification in Control Self-Assessment and Certification in Risk Management Assurance etc.,
Internal Control System Statement for 2014
Internal Control System Statement for 2013
Internal Control System Statement for 2012
Internal Control System Statement for 2011
Internal Control System Statement for 2010