Speakers at a roundtable yesterday put emphasis on collaboration among the regulators of the financial sector to establish corporate governance in corporate houses.
They were speaking at a roundtable titled 'SEC Guidelines on Corporate Governance for Listed Companies' organised by Bangladesh Enterprise Institute (BEI) in Dhaka.
On January 9 this year, the Securities and Exchange Commission (SEC) issued a guideline on corporate governance on a 'comply or explain' basis for the companies listed on both Dhaka Stock Exchange and Chittagong Stock Exchange. Earlier, in April 2004, the BEI launched a Code of Corporate Governance.
Speaking at the function, Dr Fakhruddin Ahmed, managing director of Palli Karma Shahayak Foundation, said a collaboration is needed among the financial sector's regulators so that the corporate governance guidelines can be implemented.
Echoing him, SEC Chairman Dr Mirza Azizul Islam said all the regulators should be active to make the corporate governance guidelines a success.
Chairing the function, BEI President Farooq Sobhan said presently a special attention is being given to corporate governance worldwide including the Asian region.
