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In this list of financial regulatory and supervisory authorities, central banks are only listed where they act as direct supervisors of individual financial firms, and competition authorities and takeover panels are not listed unless they are set up exclusively for financial services.
German corporation law, the Aktiengesetz, requires all public companies (Aktiengesellschaften) to have two boards: a management board called a Vorstand and a supervisory board called an Aufsichtsrat. [1] The supervisory board oversees and appoints the members of the management board and must approve major business decisions. [2]
A board of supervisors is a governmental body that oversees the operation of county government in the U.S. states of Arizona, California, Iowa, Mississippi, Virginia, and Wisconsin, as well as 16 counties in New York. There are equivalent agencies in other states.
(In the EU it is compulsory to have a dedicated supervisory authority, cf. 8th European Directive). International The Public Interest Oversight Board provides oversight of the standards-setting bodies within the International Federation of Accountants
Board structures and procedures vary both within and among OECD countries. Some countries have two-tier boards that separate the supervisory function and the management function into different bodies. Such systems typically have a "supervisory board" composed of nonexecutive board members and a "management board" composed entirely of executives.
Half the supervisory board in state-owned companies. Slovenia: 1991 Constitution art 75, and 1993 law. 50% - 33.3%: 50: Between a third and a half of seats in companies with supervisory board plus management board member if more than 500 employees; around a third in companies with single tier board Spain: Law 41/1962, repealed 1980: 0%: N/A
Vacancies are filled by appointment by remaining members of the board; a member of the same party of the departing member must be selected. [3] The Board usually meets two Wednesdays every month in the Supervisor's Auditorium at the Maricopa County Complex in Phoenix, Arizona. Members of the public are invited to attend these meetings.
The Board of Supervisors as of March 2023 (official group photo) The Board of Supervisors meets in San Francisco City Hall. Former United States Senator Dianne Feinstein served as supervisor from 1970 to 1978 and as president in 1978. Harvey Milk, the first openly gay elected public official in California, served as supervisor in 1978.