jagomart
digital resources
picture1_Corporate Governance Pdf 161819 | 20181123 Revised Translation Pedoman Tata Kelola Perusahaan


 153x       Filetype PDF       File size 0.40 MB       Source: www.bca.co.id


File: Corporate Governance Pdf 161819 | 20181123 Revised Translation Pedoman Tata Kelola Perusahaan
good corporate governance manual 2018 edition background company made further revisions to its gcg one concrete manifestation of the manual adding a section on supporting implementation of good corporate committees ...

icon picture PDF Filetype PDF | Posted on 21 Jan 2023 | 2 years ago
Partial capture of text on file.
                 GOOD CORPORATE GOVERNANCE MANUAL 
                 2018 Edition                                                                                            
                 
                Background                                              Company made further revisions to its GCG 
                One      concrete      manifestation      of    the     Manual,  adding  a  section  on  Supporting 
                implementation         of     good       corporate      Committees for the Board of Directors and a 
                governance       by    the    Company  is  its          section    on     the    Company’s       anti-fraud 
                commitment  to  continuously  improve  and              strategies. 
                update the manual or guidelines under which             The  increasingly  complex  problems  in  the 
                corporate governance shall be implemented.              Indonesian business sector, especially those 
                As you may already know, in April 2002 the              relating   to   corporate  governance,  have 
                Company  issued  its  first  Good  Corporate            prompted the competent regulatory agencies, 
                Governance (GCG) Manual. Back then, the                 among  others,  the  Financial  Services 
                GCG Manual was drawn up after the banks                 Authority  (Otoritas  Jasa  Keuangan,  OJK), 
                participating      in     the      recapitalization     Bank Indonesia (BI), and the Indonesia Stock 
                (Recapitalization Banks) and the Indonesian             Exchange to issue various regulations as the 
                Bank  Restructuring  Agency  (IBRA)  entered            regulatory framework for the implementation 
                into  an  agreement,  which  required  the              of  good  corporate  governance  for  banks, 
                Recapitalization  Banks  to  implement  good            public  companies  and/or  listed  companies, 
                corporate  governance  and  to  have  a  GCG            and other financial services institutions. The 
                Manual.  In  the  period  between  1997  and            regulations on GCG include Regulation of the 
                1999 Indonesia was badly hit by an economic             Financial       Services        Authority       No. 
                and monetary crisis, which occurred, among              55/POJK.03/2016 dated 7 December 2016 on 
                others,  because  many  companies  had  not             the  Implementation  of  Good  Corporate 
                implemented        GCG       consistently,     and      Governance for Commercial Banks (replacing 
                especially  because  there  was  a  lack  of            BI  Reg  2006  on  GCG)  as  well  as  its 
                business ethics and weak law enforcement in             implementing regulations, namely Circular of 
                Indonesia.                                              the       Financial       Services       Authority 
                                                                        No.13/SEOJK.03/2017 dated 17 March 2017 
                In  early  2006,  Bank  Indonesia  (BI)  as  the        on  the  Implementation  of  Good  Corporate 
                Indonesian central bank issued Regulation of            Governance for Commercial Banks (replacing 
                Bank Indonesia No. 8/4/PBI/2006 dated 30-1-             Circular  of  Bank  Indonesia  No.15/15/DPNP 
                2006  on  the  Implementation  of  Good                 dated 29 April 2013 on the Implementation of 
                Corporate      Governance  for        Commercial        Good Corporate Governance for Commercial 
                Banks, as amended by Regulation of Bank                 Banks)  and  Regulation  of  the  Financial 
                Indonesia No. 8/14/2006 dated 5-10-2006 on              Services  Authority  No.  21/POJK.04/2015 
                the  Amendment  to  Regulation  of  Bank                dated     16     November       2015     on     the 
                Indonesia      No.     8/4/PBI/2006      on     the     Implementation        of     Good       Corporate 
                Implementation        of     Good       Corporate       Governance  Guidelines  for  Public  Limited 
                Governance         for    Commercial        Banks       Companies  as  well  as  its  implementing 
                (hereinafter referred to as "BI Reg 2006 on             regulation,  namely  Circular  of  the  Financial 
                GCG"), and this  prompted  the  Company  to             Services  Authority  No.  32/SEOJK.04/2015 
                revise its GCG Manual in 2012 in compliance             dated 17 November 2015 on Good Corporate 
                with  such  regulations.  Later,  in  2015  the 
                                                                     
                                                                                                                         
                              Good Corporate Governance Manual – PT Bank Central Asia Tbk 
                                                              2018 Edition 
                 
                 
                                                                                                         
              Governance  Guidelines  for  Public  Limited        -  transparency, 
              Companies.                                          -  accountability, 
              Due  to  the  issuance  of  new  rules  and         -  responsibility, 
              regulations  and  the  revocation  of  several      -  independence, and 
              rules and regulations under which the 2012,         -  fairness. 
              2015 and 2017 versions of the GCG Manual         2.  Encourage empowerment of the function 
              had  been  made,  in  2018  the  Company            and independence of each organ of the 
              deemed  it  necessary  to  update  the  GCG         Company, namely the General Meeting of 
              Manual, hereinafter referred to as the "Good        Shareholders,      the      Board      of 
              Corporate     Governance       Manual"     in       Commissioners     and    the   Board   of 
              accordance    with   the   latest  regulatory       Directors. 
              framework and ethical values which develop       3.  Encourage  the  Company  to  make 
              in practice.                                        decisions and take actions on the basis of 
                                                                  high moral values and in compliance with 
              Purposes and Objectives                             the prevailing laws and regulations. 
                                                               4.  Optimize the Company’s value in favour 
              This Good Corporate Governance Manual is            of  its  shareholders,  by  also  taking  into 
              intended  as  terms  of  reference  for  the        consideration  the  interests  of  other 
              Company  in  implementing  good  corporate          stakeholders. 
              governance in order to:                          5.  Stimulate the Company’s awareness of its 
                                                                  social  responsibility  (Corporate  Social 
              1.  Encourage  the  Company’s  management           Responsibility). 
                  based  on  the  principles  of  good 
                  corporate, i.e.:  
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
                                                             
                                                                                                         
                          Good Corporate Governance Manual – PT Bank Central Asia Tbk 
                                                      2018 Edition 
               
               
                                                                                                     
             Scope 
             The Good Corporate Governance Manual includes, among others, the following: 
              
                      Part                                      Chapter 
              I – Good Corporate      Principles of Good Corporate Governance  
              Governance Policy       Company’s Vision and Mission  
                                      Corporate Values  
                                      Corporate Code of Ethics  
                                      General Meeting of Shareholders (GMS) 
                                      Board of Commissioners  
                                      Supporting Committees for the Board of Commissioners 
                                      Board of Directors  
                                      Compliance Function 
                                      Internal Audit Function 
                                      External Audit Function 
                                      Communication and Information Function 
                                      Risk Management Implementation 
                                      Anti-Fraud Strategies 
                                      Information Transparency 
                                      Corporate Strategic Plan   
                                      Implementation of Integrated Corporate Governance (ICG) 
              II – Implementation     Guidelines on Conducting the General Meeting of Shareholders 
              Procedures              Charter and Terms of Reference for the Board of Commissioners 
                                      Charter and Terms of Reference for the Supporting Committees 
                                       for the Board of Commissioners 
                                      Charter and Terms of Reference for the Board of Directors 
                                      Self-Assessment Report on the Implementation of Corporate 
                                       Governance 
                                      Self-Assessment Report on the Implementation of Integrated 
                                       Corporate Governance 
                                      Annual Report on the Implementation of the Company’s Corporate 
                                       Governance 
                                      Annual Report on the Implementation of Integrated Corporate 
                                       Governance 
              
              
             Legal Grounds                                  1.  Law of the Republic of Indonesia No. 8 
             The Legal Grounds for the establishment of        of 1995 on Capital Markets; 
             the  Good  Corporate  Governance  Manual       2.  Law No. 40 of 2007 on Limited Liability 
             are as follows:                                   Companies; 
                                                        
                                                                                                     
                        Good Corporate Governance Manual – PT Bank Central Asia Tbk 
                                                  2018 Edition 
              
              
                                                                                                              
              3.  Regulation     of    Bank     Indonesia            Governance           for       Financial 
                  No.3/22/PBI/2001  on  Transparency  of             Conglomerates; 
                  Bank’s Financial Condition;                    13. Regulation  of  the  Financial  Services 
              4.  Regulation  of  Bank  Indonesia  No.               Authority  No.  32/POJK.04/2014  on  the 
                  8/13/PBI/2006    on    Amendment      to           Plan  and  Organisation  of  General 
                  Regulation  of  Bank  Indonesia  No.               Meetings  of  Shareholders  of  Public 
                  7/3/2005 on the Legal Lending Limit for            Limited Companies; 
                  Commercial Banks;                              14. Regulation  of  the  Financial  Services 
              5.  Regulation     of    Bank     Indonesia            Authority  No.  33/POJK.04/2014  on  the 
                  No.11/1/PBI/2009      on    Commercial             Board  of  Directors  and  the  Board  of 
                  Banks;                                             Commissioners of Listed Companies or 
              6.  Regulation  of  Bank  Indonesia  No.               Public Companies;  
                  12/23/PBI/2010 on Fit and Proper Tests;        15. Regulation  of  the  Financial  Services 
              7.  Circular   of   Bank    Indonesia    No.           Authority  No.  34/POJK.04/2014  on  the 
                  13/8/DPNP dated 28 March 2011 on Fit               Remuneration        and      Nomination 
                  and  Proper  Tests  as  amended  by                Committee  in  Listed  Companies  or 
                  Circular   of   Bank    Indonesia    No.           Public Companies. 
                  13/26/DPNP;                                    16. Regulation  of  the  Financial  Services 
              8.  Circular  of  Bank  Indonesia  Nomor               Authority   No.  35/POJK.04/2014  on 
                  13/28/DPNP dated 9 December 2011 on                Corporate     Secretaries    of   Listed 
                  the   Implementation     of   Anti-Fraud           Companies or Public Companies; 
                  Strategies for Commercial Banks;               17. Regulation  of  the  Financial  Services 
              9.  Regulation No. IX.E.1 on Affiliated-Party          Authority  No.  21/POJK.04/2015  on  the 
                  Transactions  and  Transactions  with  a           Implementation  of  Good  Corporate 
                  Conflict  of  Interest,  Attachment  to            Governance  Guidelines       for  Public 
                  Decision  of  the  Head  of  the  Capital          Limited Companies; 
                  Market    and     Financial    Institution     18. Regulation  of  the  Financial  Services 
                  Supervisory Agency (Bapepam-LK) No.                Authority    No.31/POJK.04/2015       on 
                  Kep-412/BL/2009  dated  25  November               Transparency in Material Information or 
                  2009;                                              Facts  by  Listed  Companies  or  Public 
              10. Regulation  No.  IX.E.2,  Attachment  to           Companies; 
                  Decision  of  the  Head  of  Bapepam  LK       19. Regulation  of  the  Financial  Services 
                  No.   Kep-614/BL/2011      on   Material           Authority  No  45/POJK.03/2015  on  the 
                  Transactions  and  Change  of  Main                Implementation  of  Good  Corporate 
                  Business Activities;                               Governance     in   the    Payment     of 
              11. Regulation  of  the  Financial  Services           Remuneration for Commercial Banks; 
                  Authority  No.  17/POJK.03/2014  on  the       20. Regulation  of  the  Financial  Services 
                  Implementation    of   Integrated   Risk           Authority  No.  55/POJK.04/2015  on  the 
                  Management           for       Financial           Formation  of  and  Guidelines  for  the 
                  Conglomerates;                                     Work  Implementation  of  the  Audit 
              12. Regulation  of  the  Financial  Services           Committee; 
                  Authority  No.  18/POJK.03/2014  on  the       21. Regulation  of  the  Financial  Services 
                  Implementation of Integrated Corporate             Authority  No.  56/POJK.04/2015  on  the 
                                                              
                                                                                                              
                          Good Corporate Governance Manual – PT Bank Central Asia Tbk 
                                                       2018 Edition 
               
               
The words contained in this file might help you see if this file matches what you are looking for:

...Good corporate governance manual edition background company made further revisions to its gcg one concrete manifestation of the adding a section on supporting implementation committees for board directors and by is s anti fraud commitment continuously improve strategies update or guidelines under which increasingly complex problems in shall be implemented indonesian business sector especially those as you may already know april relating have issued first prompted competent regulatory agencies back then among others financial services was drawn up after banks authority otoritas jasa keuangan ojk participating recapitalization bank indonesia bi stock exchange issue various regulations restructuring agency ibra entered framework into an agreement required implement public companies listed other institutions period between include regulation badly hit economic no monetary crisis occurred pojk dated december because many had not consistently commercial replacing there lack reg well ethics w...

no reviews yet
Please Login to review.