Question
What is the minimum frequency with which the Audit
Committee of a listed company must review compliance as per the SEBI (Prohibition of Insider Trading) Regulations and verify the effectiveness of internal control systems?Solution
Regulation 9A Institutional Mechanism for Prevention of Insider trading (4) The Audit Committee of a listedĀ company or otherĀ analogous body forĀ intermediary or fiduciary shallĀ review compliance with the provisions ofĀ theseĀ regulations at least onceĀ in a financial year and shall verify that the systems for internal control are adequate and are operating effectively.
How important is it for you to have a sense of control?
How do you handle change in your life?
How do you deal with failure or setbacks?
How do you handle conflicts with others?
How do you typically react when someone disagrees with you?
How do you approach situations where you are required to work with individuals whose personalities clash with your own?
How do you deal with instances in which your own biases or prejudices could influence your decision-making?
How often do you prioritize the needs of others over your own needs?
Do you enjoy working on projects or tasks that require attention to detail?
How likely are you to engage in risky behaviours or activities, even if they could have negative consequences?
