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Acuerdo sugef 16-16 reglamento sobre gobierno corporativo

Agreement 16-16 Regulation on Corporate Governance

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Summary

The objective of this regulation is to establish the principles on Corporate Governance that must be considered by the entities included in the scope of this Regulation. The corporate governance provisions included in this regulation are qualitative standards that faithfully reflect sound international practices, whose application depends on the particular attributes of each entity and must be applied respecting, at all times, the legal system that governs the National Financial System.

Thumbnail image for The objective of this regulation is to establish the principles on Corporate Governance that must be considered by the entities included in the scope of this Regulation. The corporate governance provisions included in this regulation are qualitative standards that faithfully reflect sound international practices, whose application depends on the particular attributes of each entity and must be applied respecting, at all times, the legal system that governs the National Financial System.
Issuer

Costa Rica

Year

2016

Region

South America

Issuer (type)

El Consejo Nacional de Supervisión del Sistema Financiero (CONASSIF) (Financial Regulator)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Mandatory


Main industries targeted
  • Finance & Insurance
  • Administrative, Support, Waste Management
  • Professional, Scientific, & Technical Services
Restrictiveness

Very High

Sustainable Development Goals (SDGs)
  • SDG 6: Clean Water and Sanitation
  • SDG 14: Life Below Water

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