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11
Annual Report 2015
-11-
Item
Execution
Deviations from the
Principles and
Reasons
E.
Other relevant information
to facilitate better
understanding of the Bank’s
Corporate Governance
practices:
Employee rights:
The Bank has signed collective contracts regarding
working conditions with its labor union.
The Bank has established a Personnel Appraisal
Committee, and an Occupational Safety& Health
Committee, to supervise appraisal of employees and
safety of working environment.
As per Rules and Procedures of shareholders meeting of
the bank, interested parties with respect to proposals
shall recuse themselves from discussions or voting to
avoid the conflict of interest.
Professional training of Directors and Supervisors :
The Bank provides directors and supervisors with
opportunities enhancing their professional competency.
The courses already taken include “Corporate
Governance”,
“
Guideline for the Board of Directors ”,
and so forth.
Risk management policies:
Complying with the Banking Act and other competent
authorities’ regulations, evaluating operational risk, the
Bank has established risk management policies,
guidelines and risk tolerance of every category of
businesses, to secure soundness of the bank’s operation.
To ensure effective practices of risk management
policies, several committees established under the
management convene meetings regularly, reviewing
relevant agendas, adjusting risk control measures in a
timely manner. The abovementioned committees are
Asset & Liability and Risk Management, Loan,
Investment, Fund Management,
Problem Loan, Trust
Assets Screening, Personnel Appraisal, Occupational
Safety & Health, Product & Regulation, and Offshore
Structured Notes Committee.
The status of risk control operations are submitted to the
bank’s board, the Risk Management Committee and the
board of Mega Financial Holdings Company.
The bank has purchased professional liability insurance
for all directors and supervisors.
None
F.
If the Company has implemented a self corporate governance evaluation or has authorized any other
professional organization to conduct such an evaluation, the evaluation results, major deficiencies or
suggestions, and improvements are stated as follows:
None.