employeesprovidentfund(epf)malaysia(编辑修改稿)

employeesprovidentfund(epf)malaysia(编辑修改稿)内容摘要：

and investment Chief Executive Officer (exofficio) Members of the Board and Investment Panel are appointed by the Minister of Finance. GOVERNANCE Investment Panel EMPLOYEES PROVIDENT FUND 25 GOVERNANCE Management Structure CEO ENFORCEMENT DEPT. OPERATION DIVISION LEGAL DEPT. PROPERTY DEPT. PROCUREMENT DEPT. SERVICES DIVISION WITHDRAWAL DEPT. CONTRIBUTION DEPT. BRANCH NETWORK DEPT. IT DEPT. FINANCE DEPT. STRATEGIC PLANNING DEPT. ORG. DEV DIVISION INVESTMENT DIVISION RESEARCH amp。 SUPERVISION INVT DEPT. OPERATION INVT DEPT. RISK MANAGEMENT DEPT. HUMAN RESOURCE DEPT. EPF TRAINING INSTITUTE INTERNAL AUDIT DEPT. EQUITY INVT DEPT. Board Audit Committee Board Risk Committee EMPLOYEES PROVIDENT FUND 26 The EPF is the single largest institutional investor in Malaysia. EPF has ensured that the panies in which it has invested practice good Corporate Governance (CG):  Establishing the Minority Shareholder Watchdog Group  Settingup within EPF a dedicated unit to engage and monitor publiclisted panies on CG issues : • to attend and exercise proxy voting in panies‟ AGM and EGM. • to collaborate with other institutional shareholders on CG issues detrimental to institutional shareholders. CORPORATE GOVERNANCE EMPLOYEES PROVIDENT FUND 27 Whilst advocating CG in panies the EPF invests, it is also crucial for the EPF itself to practice good CG. Good CG practices will ensure integrity, optimal performance and instill confidence of our stakeholders in EPF. In EPF, we have adopted CG practices as one of the key performance measures in our Balanced Scorecard. We have designed a CG Index to measure and monitor the implementation of good CG practices. CORPORATE GOVERNANCE EMPLOYEES PROVIDENT FUND 28 CORPORATE GOVERNANCE Corporate Governance Measure CG Index The key ponents of the CG Index:  Transparency  Independence  Accountability  Focus  Risk Management  Regulatory Compliance  Fairness  Social Awareness  Responsibility  Environmental Responsibility EMPLOYEES PROVIDENT FUND 29 1. Dissemination of Annual Statement of Accounts to Members 2. Tabling of Annual Report in Parliament 3. Advertising Annual Report in the News Papers 4. Advertising Quarterly Performance Reports in the News Papers 5. Dialogue Sessions with Companies that the EPF holds Substantial Stocks CORPORATE COVERNANCE STAKEHOLDERS COMMUNICATIONS EMPLOYEES PROVIDENT FUND 30 PRESENTATION ROADMAP Background Governance Investment Risk Management Challenges Way Forward Questions amp。 Answers EMPLOYEES PROVIDENT FUND 31 1. The Board may subject to subsection 18 (2) of the EPF Act 1991 invest moneys belonging to the Fund in the following manner: (a) To be deposited in:  Central Bank of Malaysia。  Bank licensed under the Banking and Financial Institutions Act 1989 (Act 372)。  Any other financial intuition duly licensed under the Banking and Financial Institutions Act 1989 and approved by the Minister。 INVESTMENT The Power of Board to Invest EMPLOYEES PROVIDENT FUND 32 INVESTMENT The Power of Board to Invest (b) To be invested in:  Shares of any public pany listed on the stock exchange established in Malaysia。  Debentures of any public pany (c) To be invested in: Malaysian Government Securities (MGS), bonds, mortgage papers, mercial notes, banker’s acceptances, money market papers, private debt securities, and promissory notes. (d) To provide loans to Federal or State Government. EMPLOYEES PROVIDENT FUND 33 2. The Board with the approval of the Minister may invest the Fund’s moneys: a) Deposited in any bank or financial institution established by or under written law。 b) Joint venture。 c) Privatization programme。 d) provide loans to any pany incorporated under the Companies Act 1965。 e) Investment outside Malaysia INVESTMENT The Power of Board to Invest EMPLOYEES PROVIDENT FUND 34 YEAR 2 4 . 5 53 1 . 1 94 1 . 2 35 3 . 2 27 2 . 6 79 8 . 7 21 3 2 . 41 6 3 . 81 8 6 . 92 2 2 . 22 6 5 . 22 9 0 . 30501001502002503003501985 1987 1989 1991 1993 1995 1997 1999 2020 2020 2020 2020INVESTMENT Growth of Asset from Year 1。