Policy on Related Party Transaction
Governance > Business Conduct & Ethics > Policy on Related Party Transaction
It is the policy of Ayala Corporation (“Corporation”) that related party transactions between the Corporation or any of its subsidiaries or affiliates and a Related Party as defined below shall be subject to review and approval to ensure that they are at arm’s length, the terms are fair, and they will inure to the best interest of the Corporation and its subsidiaries or affiliates and their shareholders. Related party transactions shall be disclosed, reviewed and approved in accordance with this Policy consistent with the principles of transparency and fairness.
To promote good governance, it is also the policy of the Corporation to encourage its subsidiaries and affiliates to adopt their own policy on related party transactions.