STATE
BANK OF PAKISTAN
Slide 4
•II. Corporate
Governance Reforms
•Fit and proper test for Board members and Chief Executives
•Compliance with Code of Ethics and Business Practices
•Independent Audit Committee of the Board
•Strong Internal audit and controls
•Limitations on the family membership of Board
•Conflict of interest safeguards
•Oversight of the Board strengthened
•Transparent procedure for selection of external auditors
and quality control review
FINANCIAL SECTOR REFORMS
