Mega Securities was awarded as the Outstanding Broker for Stewardship for three consecutive years, clearly demonstrating the recognition for the continuous enhanced efforts of Mega Securities in governance. Mega Securities upholds the spirit of implementing and improving corporate governance, to emphasize the ethical management, legal compliance, anti-money laundering, and risk control. Through the professionalism, diversity, and independence of the directors, Mega Securities has established a safe and sound business environment and an open and transparent governance system, to provide the management team with comprehensive decision-making advice. In the current environment full of uncertainties, including environmental issues such as climate change and energy shortages, or social issues such as COVID-19, the US-China conflict, and the Ukraine-Russia war, Mega Securities has responded to various ESG risks very prudentially, by showing strong resilience and courage to embrace various challenges, in line with the Mega Group's sustainability goals, to move forward.
Mega Securities is an investee 100% owned by Mega Holdings. It has a complete corporate governance structure. According to the Company Act, all powers of shareholders' meetings are exercised by the Board of Directors, which is the highest governance body of the Company. In addition to exercised the power of the shareholders’ meeting to deliberate the dividend distribution, the Articles of Incorporation and key regulations, and other major issues or decisions, the Board of Directors also conduct business pursuant to laws and regulations, including deliberating and approving the Company's business plan, annual financial report, and semi-annual financial report, and evaluating the effectiveness of the internal control system, appointment/dismissal of accountants, and appointment and dismissal of managerial officers, among other proposals The Board of Directors has also established the Risk Management Committee, the AML/CFT Committee, the Trust Property Review Committee, the Product Review Committee, the Investment Business Management Committee, the Ethical Corporate Management Committee, the Fair Customer Treatment Promotion Committee, the Compliance Committee, and the Sustainable Development Committee, to assist the Board of Directors in deliberating various proposals for ensuring the quality of the Board's decision-making.
In order to establish a good corporate governance system and foster a culture of integrity, Mega Securities has adopted the "Ethical Corporate Management Best Practice Principles", "Ethical Corporate Management Committee Charter", "Ethical Corporate Management Procedures and Code of Conduct", "Ethical Code of Conduct", "Procedures for the Handling of Grievance Cases" for the management of anti-corruption, fair trade, donations, conflicts of interest, and business secrets. Mega Securities has established the Ethical Corporate Management Committee under the Board of Directors. The main duties of the Committee are to assist the Board of Directors and management in auditing and assessing the implementation of ethical corporate management. The Ethical Corporate Management Committee reports to the Board of Directors once a year on the implementation of the Ethical Corporate Management Best Practice Principles.