Status of Corporate Governance | Board of Directors | Committees |
SUNTY has implemented a solid corporate governance system including the "Sunty Corporate Governance Standards" in accordance to the "Corporate Governance Best-Practice Principles for Taiwan Stock Exchange Corporation/ GreTai Securities Market Listed Companies" to ensure best practices.
In an effort to be the most reliable entity, SUNTY has consistently appointed experts from the various fields to be independent directors of the Company. These independent directors are expected to further enhance SUNTY’s existing corporate governance practices, including risk management and ethical practices on behalf of the public. SUNTY maintains political-neutral policies and will not use any of its resources, including financial, manpower, and facilities for any political agenda.
- Handling matters relating to board meetings and shareholders meetings according to laws.
- Producing minutes of board meetings and shareholders meetings.
- Assisting in onboarding and continuous development of directors.
- Furnishing information required for business execution by directors.
- Assisting directors with legal compliance.
- Other matters set out in the articles or corporation or contracts.
Internal audit is the core of a company's internal control systems and corporate governance. In an effort to improve the quality of internal audit and to ensure that the internal auditing department is capable of obeying the rules governing internal audit practices and defined internal audit operational standards, we have formulated the sound internal audit regulations and rules as below:
Internal audit charter of Sunty Development Co., Ltd. : clearly define to observe international standards for the professional practice of internal auditing while conducting audits, and specify the internal audit organization and duties, qualifying requirements for internal auditors, professional ethics and professionalism, etc.
Internal audit implementation rules of Sunty Development Co., Ltd. : specify internal auditors’ normative duties and matters for attention while conducting audits, making internal auditing plans, executing internal auditing operation, disposing internal auditing results, etc.
Internal audit operational manual of Sunty Development Co., Ltd., Ltd. including the detailed procedures and content of internal auditing operation, various application forms, and working methods, as the reference while auditors conducting their audits.
Our internal auditing unit is directly under the board of directors, and independently conducts the audits in compliance with the regulations and rules above-mentioned.
The internal audit then reviews these self-assessment reports, with rectification of any internal control deficiencies or abnormalities discovered by the internal audit to serve as the basis whereby the Board of Directors and President assess overall internal audit system effectiveness and issue statements on the internal control systems.