Article 25
Effective from 2019-12-10 - Dec 09 2019
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| The Consumer Microfinance Company shall develop written internal governance rules and regulations, approved by the Board. Such regulations should include at least the following: | |
| 1. | the description of the organizational structure, including all departments and functions and their tasks and responsibilities; |
| 2. | independence and separation of duties; |
| 3. | roles of the Board, its committees, and the composition and duties of each of them; |
| 4. | remuneration and compensation policies; |
| 5. | conflict of interest controls; |
| 6. | integrity and transparency controls; |
| 7. | compliance with applicable laws and regulations; |
| 8. | methods for securing confidentiality of information; |
| 9. | fair dealings; and |
| 10. | controls for protection of company assets. |