Sub areas
Shareholder
rights
Problem issues
Desired protect and remedy system
- Information accesibility problem - Penalty and fines that disincentivize
that allows some parties to gain undesirable behaviors.
benefits from the better
- A rewards for business that completed
information.
human rights due diligence.
- Many of the investors still do not
- Incentive mechanism that support the
invest through the professional
use of professional investment service.
investment service.
- An government agency that focuses on
- The Ponzi investment scheme.
protecting rights under the modern
- The complexity of modern financial investment. Also, the Ponzi
financial investment.
investment scheme should be top priority
to solve.
- Lack of definite example of the
human rights due diligence.
- A remedy fund that provides an instant
remedy for the victims.
- The remedy procedure needs to
be advanced by the violated party - Government agent that act as
and the problem of delayed representative of group of victims that
remedy procedure.
using class action lawsuit.
III
Recommendations
- Amend the current penalty and fines to disincentivize
undesirable behaviors.
- NHRC and the Securities and Exchange Commission should
reward private sector that complete human rights due diligence as
a good example.
- Ministry of finance should create an incentive mechanism to
support the use of professional investment service.
- The Securities and Exchange Commission should act as the
protector for all types of modern financial investment. Office of
the Consumer Protect Board should also focus more on the Ponzi
investment problem.
- A remedy fund should be created.
- Government agent should be the representative of group of
victims in the class action lawsuit.