OBJECTIVE
4:
ENSURE
THAT
CORPORATIONS
TREAT
ALL
THEIR
STAKEHOLDERS
(SHAREHOLDERS,
EMPLOYEES,
COMMUNITIES,
SUPPLIERS
AND
CONSUMERS)
IN
A
FAIR
AND
JUST
MANNER
5.30
LIMITED
ACCESS
TO
BASIC
CORPORATE
INFORMATION
5.30.1
Enforce
Obligation
under
the
Companies
Code
for
Companies
to
file
Annual
Returns
The
RGD
has
recruited
12
additional
company
inspectors
to
augment
the
existing
personnel
of
the
Inspectorate
Section
and
has
also
taken
delivery
of
seven
(7)
vehicles
to
help
with
company
inspection
in
order
to
enforce
obligations
under
the
Companies’
Code
for
companies
to
file
annual
returns.
5.30.2
Post
Such
Information
on
RGD
Website
A
website
is
under
development
where
such
information
will
be
posted
and
accessed
for
a
fee.
5.30.3
Seek
Legal
Backing
for
Electronic
Display
of
Company
Information
Three
(3)
Acts
are
to
be
promulgated,
namely:
the
Rights
to
Information
Act,
Data
Protection
Act
and
the
Law
for
the
Acceptability
of
Electronic-‐based
Documents
and
Forms
(on-‐line
registration).
These
are
to
give
legal
backing
to
electronic
display
of
company
information
but
are
currently
at
the
drafting
stage
at
the
Ministry
of
Justice
and
Attorney-‐General’s
Department.
5.30.4
Promote
the
Creation
of
easily
Accessible
Credit
Rating
for
Organisations
and
Individuals
The
BoG
pointed
out
that
the
Credit
Reference
Bureau
system
is
not
operational
and
this
contributes
to
the
difficulty
in
accessing
loans
by
individuals.
126