Chapter five: Corporate governance Core Principles for Securities and Insurance Supervision and Regulations 515. Supervision of the securities and insurance sector is through the CBL. Lesotho has not formally adopted the Core Principles for Securities and Insurance Supervision and Regulations. The CRM was, however, informed that the Insurance Act is currently being revised to attune it more closely to these principles, for example with regard to liquidity requirements. Labour codes of the ILO and the African Charter on Human and People’s Rights Table 5.1: Labour codes signed by Lesotho Convention 142 Ratification date Status C5 Minimum Age (Industry) Convention (1919) 31:10:1966 Rescinded on 14:06:2001 C11 Right of Association (Agriculture) Convention (1921) 31:10:1966 Ratified C14 Weekly Rest (Industry) Convention (1921) 31:10:1966 Ratified C19 Equality of Treatment (Accident Compensation) Convention (1925) 31:10:1966 Ratified C26 Minimum Wage-Fixing Machinery Convention (1928) 31:10:1966 Ratified C29 Forced Labour Convention (1930) 31:10:1966 Ratified C45 Underground Work (Women) Convention (1935) 31:10:1966 Ratified C64 Contracts of Employment (Indigenous Workers) Convention (1939) 31:10:1966 Ratified C65 Penal Sanctions (Indigenous Workers) Convention (1939) 31:10:1966 Ratified C81 Labour Inspection Convention (1947) 14:06:2001 Ratified C87 Freedom of Association and Protection of the Right to Organise Convention (1948) 31:10:1966 Ratified C98 Right to Organise and Collective Bargaining Convention (1949) 31:10:1966 Ratified C100 Equal Remuneration Convention (1951) 27:01:1998 Ratified C105 Abolition of Forced Labour Convention (1957) 14:06:2001 Ratified C111 Discrimination (Employment and Occupation) Convention (1958) 27:01:1998 Ratified C135 Workers’ Representatives Convention (1971) 27:01:1998 Ratified