China Taiping Insurance Holdings Co (HK:0966) has released an update.
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China Taiping Insurance Holdings Co. has updated the terms of reference for its Audit Committee, which is comprised mainly of independent non-executive directors, with at least one member possessing relevant financial expertise. The Committee, formed in 2005, is tasked with overseeing the company’s financial integrity, meeting at least twice a year, and holding exclusive sessions with auditors annually. It also has the authority to seek information from employees and obtain external professional advice as necessary.
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