TERMS OF REFERENCE. Audit and Risk Committee (the "Committee") of Wilmcote Holdings Plc (the "Company")
|
|
- Jack Lee
- 5 years ago
- Views:
Transcription
1 References t the "Bard" shall mean the full Bard f Directrs. MEMBERSHIP - The Bard has reslved t establish a cmmittee f the Bard t be knwn as the Audit and Risk Cmmittee. - The Cmmittee shall cmprise at least three members. The Cmmittee shall, where pssible, include ne member f the Nminatin and Remuneratin cmmittee. Members f the Cmmittee shall be appinted by the Bard, n the recmmendatin f the Nminatin and Remuneratin cmmittee in cnsultatin with the chairman f the Cmmittee. - The Bard intend fr the Cmmittee t include tw Independent Nn-Executive Directrs ( INED ), nce a secnd INED is appinted t the Bard. - The membership f the Cmmittee, and requirements f membership, will be revisited pst platfrm acquisitin when the cmpsitin f the Bard will be amended and at any ther time that the Nminatin and Remuneratin cmmittee cnsider it apprpriate. Cllectively the Cmmittee shall have recent and relevant financial experience, extensive business experience, knwledge f financial markets, understanding f management practices and peratinal risks, bth generally and in the Cmpany s industry, and knwledge f any relevant specialist regulatry r legal requirements. - Only members f the Cmmittee have the right t attend Cmmittee meetings. Hwever, the chief financial fficer (when ne is appinted) and external audit lead partner will be invited t attend meetings f the Cmmittee n a regular basis and ther nn-members may be invited t attend all r part f any meeting as and when apprpriate and necessary. - The Bard shall appint the chairman f the Cmmittee (the "Chairman"). In the absence f the Chairman at a Cmmittee meeting, the remaining members present shall elect ne f themselves t chair the meeting. - The Cmpany Secretary, r their nminee, shall be the Secretary f the Cmmittee ("Secretary") and will ensure that the Cmmittee receives infrmatin and papers in a timely manner t enable full and prper cnsideratin t be given t issues. ROLE OF THE COMMITTEE As set ut in the QCA Cde (the Cde ) the verarching rle f the Cmmittee is as fllws: - Review and challenge the risk identificatin and risk management prcesses acrss the business; - Manage relatins with external auditrs t ensure that the annual audit is effective, bjective, independent and f a high quality; - Ensure that the relatinship with the external auditr is apprpriate and the service is apprpriately priced; - Review the cmpany s draft crprate reprting, including the annual reprt and accunts independent f the executive directrs and the external auditrs; and - Cmmunicate effectively t sharehlders the extent f the Cmmittee s activities. MEETINGS - The qurum fr the Cmmittee meetings shall be tw. - The Cmmittee shall meet frmally at least twice a year at apprpriate intervals in the financial reprting and audit cycle and therwise as required. - Outside f the frmal meeting prgramme, the Chairman will maintain a dialgue with key individuals invlved in the Cmpany s gvernance, including the external audit lead partner. - Meetings f the Cmmittee shall be cnvened by the Secretary at the request f any f its members r at the request f the external audit lead partner r in the case f the Cmpany having an internal audit functin. Ntice f each meeting cnfirming the venue, time and date tgether with an agenda f items t be discussed and supprting papers shall be frwarded t each member f the Cmmittee and thers attending the meeting apprximately 3 wrking days prir t the date f the meeting. 1
2 - The Secretary shall keep apprpriate recrds f all meetings f the Cmmittee with apprpriate minutes f the prceedings and reslutins. - Draft minutes f Cmmittee meetings shall be circulated t the Chairman fr review and then t all members f the Cmmittee. Once apprved, minutes shall be circulated t all ther members f the Bard upn their request unless in the pinin f the Chairman it wuld be inapprpriate t d s. DUTIES The Cmmittee shuld have versight f the grup as a whle and, unless required therwise by regulatin, carry ut the duties belw fr the Cmpany, majr subsidiary undertakings and the Cmpany's grup (the "Grup") as a whle. Financial reprting - The Cmmittee shall mnitr the integrity f the financial statements f the Cmpany, including its annual and half-yearly reprts and any ther frmal annuncement relating t its financial perfrmance, reviewing and reprting t the Bard n any significant financial reprting issues and judgements which they cntain, having regard t matters cmmunicated t it by the auditr; - In particular, the Cmmittee shall review and challenge where necessary: cnsistency f, and any changes t, significant accunting plicies bth n a year n year basis and acrss the Grup; the methds used t accunt fr significant r unusual transactins where different appraches are pssible; any significant adjustments resulting frm the audit; the ging cncern assumptin; whether the Cmpany has adpted apprpriate accunting plicies and made apprpriate estimates and judgements, taking int accunt the views f the external auditr n the financial statements; and all material infrmatin presented with the financial statements, such as the strategic reprt, the crprate gvernance statements relating t the audit and t risk management and any separately presented Audit and Risk Cmmittee reprt included in the financial statements. - Cnsider the impact f new accunting standards, and where these are expected t have a material impact n results, discuss with management hw best t cmmunicate the impact t sharehlders; - The Cmmittee shall review any ther statements requiring Bard apprval which cntain financial infrmatin first, where t carry ut a review prir t bard apprval wuld be practicable and cnsistent with any prmpt reprting requirements under any law r regulatin including the Listing Rules r Disclsure Guidance and Transparency Rules surcebk. - Where the Cmmittee is nt satisfied with any aspect f the prpsed financial reprting by the Cmpany, it shall reprt its views t the Bard. Where requested by the Bard, the Cmmittee shuld review the cntents f the annual reprt and accunts and advise the Bard n whether, taken as a whle, they are fair, balanced and understandable and prvide the infrmatin necessary fr sharehlders t assess the Cmpany s perfrmance, business mdel and strategy. Internal cntrls and risk management systems The Cmmittee shall: - keep under review the Cmpany s internal financial cntrls systems that identify, assess, manage and mnitr financial risks, and ther internal cntrl and risk management systems; and - review and apprve the statements t be included in the annual reprt cncerning the Grup s expsure t risk, internal cntrls and risk management. 2
3 Cmpliance, whistleblwing and fraud The Cmmittee shall: - review the adequacy and security f the Grup s arrangements fr its emplyees and cntractrs t raise cncerns, in cnfidence, abut pssible wrngding in financial reprting r ther matters. The Cmmittee shall ensure that these arrangements allw prprtinate and independent investigatin f such matters and apprpriate fllw up actin; - review the Grup s prcedures fr detecting fraud; and - review the Grup s systems and cntrls fr the preventin f bribery and the preventin f the criminal facilitatin f tax evasin and receive reprts n nn-cmpliance Internal Audit The Cmmittee shall review the need fr a separate internal audit functin, cnsidering the nature and cmplexity f the business. External Audit The Cmmittee shall: - cnsider and make recmmendatins t the Bard, t be put t sharehlders fr apprval at the Annual General Meeting f the Cmpany, in relatin t the appintment, re-appintment and remval f the Cmpany s external auditr; - ensure that at least nce every ten years the audit services cntract is put ut t tender t enable the Cmmittee t cmpare the quality and effectiveness f the services prvided by the incumbent auditr with thse f ther audit firms; and in respect f such tender versee the selectin prcess and ensure that all tendering firms have such access as is necessary t infrmatin and individuals during the duratin f the tendering prcess; - if the external auditr resigns, investigate the issues leading t this and decide whether any actin is required; - versee the relatinship with the external auditr including (but nt limited t): apprving their remuneratin, including bth fees fr audit and nn-audit services, and ensuring that the level f fees is apprpriate t enable an effective and high quality audit t be cnducted; apprval f their terms f engagement, including any engagement letter issued at the start f each audit and the scpe f the audit; assessing annually the external auditr s independence and bjectivity taking int accunt relevant UK and Jersey law, regulatin, the Ethical Standard published by the FRC, and ther prfessinal requirements and the Grup s relatinship with the auditr as a whle, including any threats t the auditr s independence and the safeguards applied t mitigate thse threats including the prvisin f any nn-audit services; satisfy itself that there are n relatinships between the auditr and the cmpany (ther than in the rdinary curse f business) which culd adversely affect the auditr s independence and bjectivity; mnitr the auditr s prcesses fr maintaining independence, its cmpliance with relevant UK law, regulatin, ther prfessinal requirements including the guidance n the rtatin f audit partner and staff; mnitr the level f fees paid by the cmpany t the external auditr cmpared t the verall fee incme f the firm, ffice and partner and assess these in the cntext f relevant legal, prfessinal and regulatry requirements, guidance and the Ethical Standard; 3
4 assess annually the qualificatins, expertise and resurces, and independence f the external auditr and the effectiveness f the external audit prcess, which shall include a reprt frm the external auditr n their wn internal quality prcedures; - evaluate the risks t the quality and effectiveness f the financial reprting prcess in the light f the external auditr s cmmunicatins with the Cmmittee; - meet regularly with the external auditr (including nce at the planning stage befre the audit and nce after the audit at the reprting stage) and, at least nce a year, meet with the external auditr withut management being present, t discuss the auditr s remit and any issues arising frm the audit; - discuss with the external auditr the factrs that culd affect audit quality and review and apprve the annual audit plan, ensuring it is cnsistent with the scpe f the audit engagement, having regard t the senirity, expertise and experience f the audit team; - review the findings f the audit with the external auditr. This shall include, but nt be limited t, the fllwing: a discussin f any majr issues which arse during the audit; the auditr s explanatin f hw the risks t audit quality were addressed; the auditr s view f their interactins with senir management; key accunting and audit judgements; levels f errrs identified during the audit; and the effectiveness f the audit prcess; - review any representatin letter(s) requested by the external auditr befre they are signed by management; - review the management letter and management s respnse t the external auditr s findings and recmmendatins; and - review the effectiveness f the audit prcess, including an assessment f the quality f the audit, the handling f key judgements by the auditr, and the auditr s respnse t questins frm the Cmmittee. REPORTING RESPONSIBILITIES - The Chairman shall reprt frmally t the Bard n all matters within its duties and respnsibilities and shall als frmally reprt t the Bard n hw it has discharged its respnsibilities. This reprt shall include: the significant issues that the Cmmittee cnsidered in relatin t the financial statements and hw these were addressed; its assessment f the effectiveness f the external audit prcess, the apprach taken t the appintment r reappintment f the external auditr, length f tenure f audit firm, when a tender was last cnducted and advance ntice f any retendering plans; and any ther issues n which the Bard has requested the Cmmittee s pinin. - The Cmmittee shall make whatever recmmendatins t the Bard it deems apprpriate n any area within its remit where actin r imprvement is needed. - The Cmmittee shall cmpile a reprt n its activities t be included in the Cmpany s annual reprt. The reprt shuld include a summary f its rle, details f members and meetings held, any significant issues cnsidered in relatin t the annual reprt, and an explanatin f hw the Cmmittee has addressed the effectiveness f the external audit prcess; the significant issues that the Cmmittee cnsidered in relatin t the financial statements, and hw these issues were addressed, having regard t matters cmmunicated t the Cmmittee by the external auditr and ther infrmatin requirements set ut in the Cde. - In the cmpiling the reprts referred t abve the Cmmittee shuld exercise judgement in deciding which f the issues it cnsiders in relatin t the financial statements are significant, but shuld include at least thse matters that have infrmed the Bard s assessment f whether the Cmpany is a ging cncern. The reprt t sharehlders need nt repeat infrmatin disclsed elsewhere in the annual reprt and accunts, but culd prvide crss-references t that infrmatin. 4
5 OTHER MATTERS The Cmmittee shall: - have access t sufficient resurces in rder t carry ut its duties, including access t the Secretary fr assistance as required; - be prvided with apprpriate and timely training, bth in the frm f an inductin prgramme fr new members and n an nging basis fr all members; - give due cnsideratin t relevant laws and regulatins, the prvisins f the Cde and the requirements f the AIM Rules, and any ther applicable rules, as apprpriate; - versee any investigatin f activities which are within its terms f reference; - wrk and liaise as necessary with ther bard cmmittees, taking particular accunt f the impact f risk management and internal cntrls being delegated t different cmmittees; and - arrange fr peridic reviews f its wn perfrmance and, at least annually, review its cnstitutin and terms f reference t ensure it is perating at maximum effectiveness and recmmend any changes it cnsiders necessary r desirable t the Bard. AUTHORITY The Cmmittee is authrised t: - seek any infrmatin it requires frm any emplyee f the Cmpany in rder t perfrm its duties; - btain, at the Cmpany s expense, independent legal, accunting r ther prfessinal advice n any matter it believes it necessary t d s; - call any emplyee t be questined at a meeting f the Cmmittee as and when required; and - have the right t publish in the Cmpany s annual reprt details f any issues that cannt be reslved between the Cmmittee and the Bard. 5
AUDIT & RISK COMMITTEE (ARC)
AUDIT & RISK COMMITTEE (ARC) The Audit and Risk Cmmittee is an independent appraisal bdy appinted by the chapter bard t assist the bard in fulfilling its versight respnsibilities pertaining t the integrity
More informationAudit and Risk Management Committee Charter
Audit and Risk Management Cmmittee Charter Pivtal Systems Crpratin ("Cmpany") 1. Objectives The Audit and Risk Management Cmmittee (Cmmittee) has been established by the bard f directrs (Bard) f the Cmpany.
More informationAUDIT, RISK MANAGEMENT AND COMPLIANCE COMMITTEE CHARTER
AUDIT, RISK MANAGEMENT AND COMPLIANCE COMMITTEE CHARTER August 2012 OPUS Grup Limited Audit, Risk Management and Cmpliance Cmmittee 1. GENERAL PURPOSE The primary bjective f the Audit, Risk Management
More informationAUDIT & RISK COMMITTEE CHARTER
AUDIT & RISK COMMITTEE CHARTER Rle and Respnsibilities The Bard f The Institute f Internal Auditrs Australia (IIA-Australia) has established a Bard Audit & Risk Cmmittee as part f its respnsibilities in
More informationEquiniti Group plc (the Company) Audit Committee. Terms of Reference
Equiniti Grup plc (the Cmpany) Audit Cmmittee Terms f Reference Bard apprved: 1 March 2018 The Audit Cmmittee (the Cmmittee) is a cmmittee appinted, n the recmmendatin f the Nminatin Cmmittee in cnsultatin
More informationAudit & Risk Committee Charter
Audit & Risk Cmmittee Charter AUDIT & RISK COMMITTEE CHARTER The Audit & Risk Cmmittee has been established by reslutin f the Bard f Macmahn Hldings Limited ( Macmahn r the Cmpany ). Membership The Audit
More informationAudit Committee Charter. St Andrew s Insurance (Australia) Pty Ltd St Andrew s Life Insurance Pty Ltd St Andrew s Australia Services Pty Ltd
Audit Cmmittee Charter St Andrew s Insurance (Australia) Pty Ltd St Andrew s Life Insurance Pty Ltd St Andrew s Australia Services Pty Ltd Versin 3.0, 19 February 2018 Apprver Bard f Directrs St Andrew
More informationRisk and Audit Committee charter
Risk and Audit Cmmittee charter 1. Intrductin The Bard f Cffey Internatinal Limited ( Cffey r the Cmpany ) has established a Risk and Audit Cmmittee ( Cmmittee ). It is nted that the Cmmittee is a sub-cmmittee
More informationAudit Committee Charter
Audit Cmmittee Charter I. Purpse f Audit Cmmittee The purpse f the Audit Cmmittee, which is part f the Bard, shall be (a) t assist the Bard s versight f (i) the integrity f the Cmpany s financial statements,
More informationThe Committee is specifically charged with the following duties and responsibilities:
CORPORATE GOVERNANCE POLICY AND PROCEDURES MANUAL AUDIT AND RISK COMMITTEE CHARTER The Bard has reslved t establish a Cmmittee f the Bard t be knwn as the Audit and Risk Cmmittee. This Cmmittee will replace
More informationFINANCE & AUDIT COMMITTEE
FINANCE & AUDIT COMMITTEE Page 1 f 8 CHARTER f the Finance & Audit Cmmittee f the Bard Of Directrs f Spectral Medical Inc. Purpse The primary functin f the Finance & Audit Cmmittee (the Cmmittee ) f the
More informationCYBG PLC BOARD REMUNERATION COMMITTEE. Charter
Charter Cmmittee Rle The Bards Remuneratin Cmmittee will act as the bard level Remuneratin Cmmittee fr Clydesdale and Yrkshire Banking Grup ( CYBG ) PLC and its subsidiaries, including fr the avidance
More informationTASSAL GROUP LIMITED ABN
Plicy fr the Selectin and Appintment f Directrs TASSAL GROUP LIMITED ABN 15 106 067 270 Plicy fr the Selectin and Appintment f Directrs (Reviewed by the Bard 25 June 2013) 1 Reviewed by the Bard - 25 June
More information(Approved by the Board on 3 February 2005 Last updated on 12 December 2017)
AUDIT & RISK COMMITTEE TERMS OF REFERENCE AUDIT & RISK COMMITTEE TERMS OF REFERENCE (Apprved by the Bard n 3 February 2005 Last updated n 12 December 2017) Rle The Cmmittee reviews the financial reprting
More informationGENERAL MOTORS COMPANY AUDIT COMMITTEE CHARTER. Amended and Restated: December 13, 2017
GENERAL MOTORS COMPANY AUDIT COMMITTEE CHARTER Amended and Restated: December 13, 2017 Purpse The purpse f the Audit Cmmittee is t assist the Bard f Directrs f General Mtrs Cmpany in its versight f the
More informationAUDIT and ASSURANCE COMMITTEE TERMS OF REFERENCE
AUDIT and ASSURANCE COMMITTEE TERMS OF REFERENCE P U R P O S E The Cmmittee is an perating Cmmittee f the Grup Bard and is charged with the respnsibility f gaining assurance fr the Grup Bard that the rganisatin
More informationCorporate Governance Principles
Crprate Gvernance Principles Revised 05-03-2018 Amphenl s Crprate Gvernance Principles have been apprved by the Bard f Directrs and, tgether with the Cmpany s Certificate f Incrpratin, as amended and/r
More informationAudit Committee Charter
www.subsea7.cm Audit Cmmittee Charter 5 23.May.17 Mark Fley VP Grup Financial Cntrller Dd Fraser Chairman f the Audit Cmmittee Revisin Revisin Date Dcument Owner Dcument Apprver Revisin: 5 Audit Cmmittee
More informationAUDIT COMMITTEE CHARGE
AUDIT COMMITTEE CHARGE Number f Members 5-7 Must be an dd number fr purpses f vting. Cmpsitin Members shall include the Secnd Past President, the Secretary and Treasurer, at least ne ther Bard member and
More informationAUDIT COMMITTEE CHARTER
AUDIT COMMITTEE CHARTER An Audit Cmmittee is a key element in the Crprate Gvernance prcess f any rganizatin and acts as a link amng the Management, the Statutry Auditrs, Internal Auditrs and the Bard f
More informationHuntington Bancshares Incorporated
Audit Cmmittee Apprved By: Bard f Directrs Huntingtn Bancshares Incrprated Apprval Date 1 f 6 Purpse f Cmmittee The Audit Cmmittee (Cmmittee) is established by the Bard f Directrs (Bard) t assist the Bard
More informationIndependent Director and Audit Committee
Independent Directr and Audit Cmmittee Rules summary The listed cmpany s bard f directrs is representing the sharehlders. They are respnsible fr making decisins n the cmpany s imprtant plicies and strategies.
More informationBoard Committee Charters
Charter Released by the Bard f Directrs f Snva Hlding AG n June 17, 2014. Audit Cmmittee ( AC ) Charter Art. 1: Purpse The Audit Cmmittee ( AC ) reviews n behalf f the Bard the wrk and effectiveness f
More informationAudit & Risk Committee Terms of Reference
Audit & Risk Cmmittee Terms f Reference AUDIT & RISK COMMITTEE TERMS OF REFERENCE AUDIT & RISK COMMITTEE Rle TERMS OF REFERENCE (Apprved by the Bard n 3 February 2005 Last updated n 1 September 2017) The
More informationTerms of Reference - Board of Directors (approved by the Board on 12 April 2018)
Terms f Reference - Bard f Directrs (apprved by the Bard n 12 April 2018) 1. Respnsibility and Principal Duties The Bard f Directrs has the verall respnsibility fr the gvernance f the Cmpany and fr supervising
More informationNominations and Remuneration Committee Terms of Reference
Bard f Directrs R Bruyns Chairman: Nminatins and Remuneratin Cmmittee Revisin N: 03 R. Frew Chairman: Bard f Directrs Effective date: 5 June 2018 Nminatins and Remuneratin Cmmittee Terms f Reference Cntents
More informationAudit, Risk & Compliance Committee Charter
Audit, Risk & Cmpliance Cmmittee Charter Objective and rle f the cmmittee The bjective f the Cmmittee is t assist the Bard f Directrs t discharge its crprate gvernance respnsibilities t exercise due care,
More informationTHE CLOROX COMPANY AUDIT COMMITTEE CHARTER. [Effective May 8, 2017]
THE CLOROX COMPANY AUDIT COMMITTEE CHARTER [Effective May 8, 2017] PURPOSE AND AUTHORITY The Audit Cmmittee ( Cmmittee ) is established by the Bard f Directrs ( Bard ) fr the purpses f: 1. Representing
More informationHuman Resources & Remuneration Committee Charter. Bank of Queensland
Human Resurces & Remuneratin Cmmittee Charter Bank f Queensland 31 May 2018 1Intrductin The Human Resurces & Remuneratin Cmmittee (Cmmittee) has been established by the Bank f Queensland Limited (BOQ)
More informationPRIMERICA, INC. COMPENSATION COMMITTEE CHARTER Adopted on March 31, 2010 and revised as of August 15, 2018
PRIMERICA, INC. COMPENSATION COMMITTEE CHARTER Adpted n March 31, 2010 and revised as f August 15, 2018 Missin The Cmpensatin Cmmittee (the Cmmittee ) f Primerica, Inc. (the Cmpany ) is respnsible fr determining
More informationCollection House Group. Purchased Debt Ledger Investment Committee Charter
Cllectin Huse Grup Purchased Debt Ledger Investment Cmmittee Charter DOCUMENT CONTROL Endrsement Dc # Current Versin Apprval Date Apprved By Review Perid Authr CHG 104 1 11/2016 CLH Bard Annual Chief Financial
More informationAUDIT COMMITTEE CHARTER
AUDIT COMMITTEE CHARTER WBHO Audit Cmmittee Charter Page 1 f 9 Intrductin The Audit Cmmittee is cnstituted as a statutry cmmittee f the Cmpany in respect f its statutry duties in terms f Sectin 94(1) f
More informationHealth, Safety and Environment Committee Charter
Health, Safety and Envirnment Cmmittee Charter WrleyParsns Limited Last reviewed by the Cmmittee: 23 February 2016 Adpted by the Bard: 24 February 2015 Level 12, 141 Walker Street Nrth Sydney NSW 2060
More informationCITIGROUP INC. AUDIT COMMITTEE CHARTER As of January 18, 2018
CITIGROUP INC. AUDIT COMMITTEE CHARTER As f January 18, 2018 Missin The Audit Cmmittee ( Cmmittee ) f Citigrup Inc. ( Citigrup r the Cmpany ) is a standing cmmittee f the Bard f Directrs ( Bard ). The
More informationTERMS OF REFERENCE FOR THE PROVISION OF OUTSOURCED INTERNAL AUDIT SERVICE
W&RSETA Standard Bidding Dcuments Terms f Reference TERMS OF REFERENCE FOR THE PROVISION OF OUTSOURCED INTERNAL AUDIT SERVICE 1 W&RSETA Standard Bidding Dcuments Terms f Reference 1. BACKGROUND TO W&RSETA
More informationHUMAN RESOURCES AND COMPENSATION COMMITTEE CHARTER
HUMAN RESOURCES AND COMPENSATION COMMITTEE CHARTER PURPOSE The Human Resurces and Cmpensatin Cmmittee (the Cmmittee ) f Precisin Drilling Crpratin (the Crpratin ) is a standing cmmittee f the bard f directrs
More informationCHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF DROPBOX, INC.
CHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF DROPBOX, INC. (Adpted n February 22, 2018, Effective upn the effectiveness f the registratin statement relating t the Cmpany s initial
More informationBoard Performance Review & Renewal Policy
Bard Perfrmance Review & Renewal Plicy St Andrew s Insurance (Australia) Pty Ltd St Andrew s Life Insurance Pty Ltd St Andrew s Australia Services Pty Ltd Versin 2.0, 22 February 2016 Apprver Bard f Directrs
More informationInternational Standard on Auditing (Ireland) 265. Communicating Deficiencies in Internal Control to Those Charged with Governance and Management
Internatinal Standard n Auditing (Ireland) 265 Cmmunicating Deficiencies in Internal Cntrl t Thse Charged with Gvernance and Management MISSION T cntribute t Ireland having a strng regulatry envirnment
More informationCHARTER OF THE NOMINATING AND CORPORATE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS OF PLURALSIGHT, INC. Adopted May 3, 2018
CHARTER OF THE NOMINATING AND CORPORATE GOVERNANCE COMMITTEE PURPOSE OF THE BOARD OF DIRECTORS OF PLURALSIGHT, INC. Adpted May 3, 2018 The purpse f the Nminating and Crprate Gvernance Cmmittee (the Nminating
More informationTASSAL GROUP LIMITED ABN Procedures for the Oversight and Management of Material Business Risks. (Approved by the Board 28 May 2015)
Prcedures fr the Oversight and Management f Material Business Risks TASSAL GROUP LIMITED ABN 15 106 067 270 Prcedures fr the Oversight and Management f Material Business Risks (Apprved by the Bard 28 May
More informationCORPORATE GOVERNANCE, NOMINATING & RISK COMMITTEE CHARTER
CORPORATE GOVERNANCE, NOMINATING & RISK COMMITTEE CHARTER PURPOSE The Crprate Gvernance, Nminating and Risk Cmmittee (the Cmmittee ) f Precisin Drilling Crpratin (the Crpratin ) is a permanent cmmittee
More informationCHARTER OF RESERVES, HEALTH, SAFETY, ENVIRONMENT AND SOCIAL RESPONSIBILITY COMMITTEE 2018
CHARTER OF RESERVES, HEALTH, SAFETY, ENVIRONMENT AND SOCIAL RESPONSIBILITY COMMITTEE 2018 The Reserves, Health, Safety, Envirnment and Scial Respnsibility Cmmittee Charter utlines the specific rles and
More informationInternational Standard on Auditing (UK) 265
Standard Audit and Assurance Financial Reprting Cuncil June 2016 Internatinal Standard n Auditing (UK) 265 Cmmunicating Defi ciencies in Internal Cntrl t Thse Charged With Gvernance and Management The
More informationHSBC USA INC. HSBC BANK USA, N.A. CHARTER OF THE COMPLIANCE COMMITTEE
HSBC USA INC. HSBC BANK USA, N.A. CHARTER OF THE COMPLIANCE COMMITTEE I. Cmmittee Purpse The Cmpliance Cmmittee (the Cmmittee ) is appinted by the Bards f Directrs f HSBC USA Inc. (the Crpratin ) and HSBC
More informationDRAFT AUDITOR S RESPONSIBILITY UNDER AUDITING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA
Finance and Audit Cmmittee Kentucky Cmmunity and Technical Cllege System Fundatin, Inc. Versailles, Kentucky Prfessinal standards require that we cmmunicate certain matters t keep yu adequately infrmed
More informationHEIDRICK & STRUGGLES INTERNATIONAL, INC. Corporate Governance Guidelines
HEIDRICK & STRUGGLES INTERNATIONAL, INC. Crprate Gvernance Guidelines The Heidrick & Struggles Internatinal, Inc. (The Cmpany ) Bard f Directrs (the Bard ) and management believe that the Cmpany, in the
More informationCHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF ON DECK CAPITAL, INC.
CHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF ON DECK CAPITAL, INC. (Adpted n September 15, 2014, amended thrugh July 29, 2016) PURPOSE The purpse f the Cmpensatin Cmmittee f the Bard
More informationSempra Energy Environmental, Health, Safety and Technology Committee Charter
Sempra Energy Envirnmental, Health, Safety and Technlgy Cmmittee Charter As adpted by the Bard f Directrs f Sempra Energy n September 5, 2000 and amended thrugh Nvember 9, 2015. I. Purpse The purpse f
More informationADANI POWER LIMITED RELATED PARTY TRANSACTION POLICY. Page 1 of 10
ADANI POWER LIMITED RELATED PARTY TRANSACTION POLICY Page 1 f 10 TABLE OF CONTENTS Sr. N. Particulars Page Ns. 1. Preamble 3 2. Purpse 3 3. Definitins 3 4. Plicy and Prcedure 5 5. Transactins which d nt
More information[AGENCY NAME] Mandate and Roles Document. (Pure Advisory Committees)
[This sample dcument has been develped by the Agency Gvernance Secretariat. It is intended t be used fr infrmatinal purpses nly. Agencies are encuraged t adapt the dcument t meet their specific needs.
More informationALLIANCE ISLAMIC BANK BERHAD ( V)
ALLIANCE ISLAMIC BANK BERHAD (776882-V) B a rd Cha rter This charter is designed t prvide directrs and fficers with greater clarity regarding the rle f the Bard, the requirements f directrs in carrying
More informationCORPORATE GOVERNANCE POLICY
CORPORATE GOVERNANCE POLICY Bard Missin Sagicr Real Estate X Fund Limited ( X Fund r the Cmpany ) was incrprated in 2011 under the laws f St. Lucia as an Internatinal Business Cmpany (IBC). X Fund is cmmitted
More informationExternal auditor appointment and independence
External auditr appintment and independence External auditr appintment and independence Page 1 f 5 Cntents 1 Purpse... 3 2 Cverage / Scpe... 3 3 Values & Cmmitments... 3 4 Plicy... 3 4.1 Selectin and appintment
More informationPolicy Coversheet. Link Tutors: appointment and responsibilities
Plicy Cversheet Name f Plicy: Link Tutrs: appintment and respnsibilities Purpse f Plicy: Intended audience(s): Apprval fr this plicy given by: T utline the arrangements fr the appintment f University Link
More informationCorporate Governance Charter
BANQUE INTERNATIONALE A LUXEMBOURG Crprate Gvernance Charter BIL draws n its 160 years f expertise t serve clients, applying the highest standard f business ethics and integrity. Gd and sund gvernance
More informationBOARD OF DIRECTORS. Trust Quality Governance Structure Review
P March BOARD OF DIRECTORS th Thursday 30P 2017 Trust Quality Gvernance Structure Review Intrductin The purpse f this paper is t utline fr the Trust Bard the nward Quality Gvernance Structure. At the request
More informationCHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF PLURALSIGHT, INC. Adopted May 3, 2018
CHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF PLURALSIGHT, INC. Adpted May 3, 2018 PURPOSE The purpse f the Cmpensatin Cmmittee (the Cmpensatin Cmmittee ) f the Bard f Directrs (the
More informationHERANBA INDUSTRIES LIMITED POLICY ON MATERIALITY OF RELATED PARTY TRANSACTIONS AND DEALING WITH RELATED PARTY TRANSACTIONS
1. Title HERANBA INDUSTRIES LIMITED POLICY ON MATERIALITY OF RELATED PARTY TRANSACTIONS AND DEALING WITH RELATED PARTY TRANSACTIONS 1.1 This plicy shall be called the Plicy n materiality f related party
More informationAgenda item Data Quality Group. Terms of Reference and Operating Arrangements
Data Quality Grup Terms f Reference and Operating Arrangements Terms f Reference Data Quality Grup Infrmatin Gvernance Sub Cmmittee DATA QUALITY GROUP Terms f Reference and Operating Arrangements 1. INTRODUCTION
More informationAPPLIED INDUSTRIAL TECHNOLOGIES, INC. EXECUTIVE ORGANIZATION & COMPENSATION COMMITTEE CHARTER
APPLIED INDUSTRIAL TECHNOLOGIES, INC. EXECUTIVE ORGANIZATION & COMPENSATION COMMITTEE CHARTER Primary respnsibility fr the rganizatin and cmpensatin f the Crpratin s executive management is vested in the
More informationTERMS AND CONDITIONS FOR APPOINTMENT OF INDEPENDENT DIRECTOR
TERMS AND CONDITIONS FOR APPOINTMENT OF INDEPENDENT DIRECTOR 1 PRIVATE & CONFIDENTIAL Date: T, Independent Directrs, Subject: Appintment as an Independent Directr InfBeans Technlgies Limited Dear Sir/Madam,
More informationNANOSTRING TECHNOLOGIES, INC. COMPENSATION COMMITTEE CHARTER. (Adopted as of October 16, 2012 and amended as of April 26, 2017)
NANOSTRING TECHNOLOGIES, INC. COMPENSATION COMMITTEE CHARTER (Adpted as f Octber 16, 2012 and amended as f April 26, 2017) PURPOSE The purpse f the Cmpensatin Cmmittee (the Cmmittee ) f the Bard f Directrs
More informationARIZONA FIRE DISTRICT ASSOCIATION FINANCIAL PROCEDURES POLICY
FINANCIAL PROCEDURES POLICY 1. PURPOSE The purpse f these Financial Prcedures is t prvide cnsistent applicatin f cnduct and prper internal cntrls t safeguard the assets f the Arizna Fire District Assciatin
More informationDEERE & COMPANY CORPORATE GOVERNANCE POLICIES
DEERE & COMPANY CORPORATE GOVERNANCE POLICIES Adpted: December 3, 2003 Amended: August 25, 2004; May 27, 2009; December 2, 2009; August 25, 2010; December 7, 2011; December 4, 2013, December 3, 2014 and
More informationSRI LANKA AUDITING STANDARD 580 WRITTEN REPRESENTATIONS CONTENTS
SRI LANKA AUDITING STANDARD 580 WRITTEN REPRESENTATIONS (Effective fr audits f financial statements fr perids beginning n r after 01 January 2014) CONTENTS Paragraph Intrductin Scpe f this SLAuS... 1-2
More informationPSNC Briefing on the NHS Complaints procedure (from 1 April 2009)
PSNC Briefing n the NHS Cmplaints prcedure (frm 1 April 2009) Under the prvisins f the Natinal Health Service (Pharmaceutical Services) Regulatins 2005 1 pharmacy cntractrs are required t make arrangements
More informationSection 4: Nominating Committee. Approved: 07/24/17. Policy
Sectin 4: Nminating Cmmittee Apprved: 07/24/17 Plicy The Nminating Cmmittee will nminate in accrdance with Bylaws Sectin IX a slate f fficers fr the Executive Cuncil, specifically fr the psitins f President,
More informationAMENDMENTS TO NASDAQ RULES ON COMPENSATION COMMITTEES
March 2013 AMENDMENTS TO NASDAQ RULES ON COMPENSATION COMMITTEES Summary. The Securities and Exchange Cmmissin recently apprved the fllwing amendments t the NASDAQ listing rules relating t cmpensatin cmmittees:
More informationNCTJ Conflicts of Interest Policy and Procedures
NCTJ Cnflicts f Interest Plicy and Prcedures Purpse This plicy aims t draw attentin t the pssibility f cnflicts, minimise r prevent a cnflict ccurring and manage cnflicts that have arisen. Definitin f
More informationFor personal use only
Fr persnal use nly Crprate gvernance statement 2016 s r a e y 0 3 g in t a r b e l e C Overview Our ambitin is t be the financial services cmpany f chice fr cnscius cnsumers Australian Ethical Investment
More informationActive Sussex. Trustee Recruitment Pack
Active Sussex Trustee Recruitment Pack Our main aim is t imprve lcal peple s health and wellbeing thrugh the prmtin f sprt and physical activity fr all members f the cmmunity, n matter their level f activity.
More informationSchool Business Manager
Plicy Title: Risk Assessment Plicy Authr: Schl Business Manager Audience: Staff Reviewed by: Gvernrs Review frequency: Annual Reviewed when: Octber 2016 Risk Assessment Plicy Intrductin Nrthease Manr Schl
More informationPolicy Planning and Analysis Team (PAT) Charter
Plicy Planning and Analysis Team (PAT) Charter Purpse f this Charter Dcument This charter defines the missin, guiding principles, scpe, rles, membership, and peratins fr the Plicy Planning and Analysis
More informationVIVINT SOLAR, INC. COMPENSATION COMMITTEE CHARTER. (Adopted as of May 9, 2014)
VIVINT SOLAR, INC. COMPENSATION COMMITTEE CHARTER (Adpted as f May 9, 2014) PURPOSE The purpse f the Cmpensatin Cmmittee (the Cmmittee ) f the Bard f Directrs (the Bard ) f Vivint Slar, Inc. (the Cmpany
More informationPark Square Capital, LLP (the Firm, Park Square ) Remuneration Policy Statement
Park Square Capital, LLP (the Firm, Park Square ) Remuneratin Plicy Statement Overview The Remuneratin Plicy is designed t supprt Park Square s business bjectives, strategy and align risk appetite with
More informationSafeguards Phase 2 Section 600/Non-assurance Services (NAS) Part 4A International Independence Standards for Audits and Reviews
Agenda Item C-5 Safeguards Phase 2 Sectin 600/Nn-assurance Services (NAS) Nte: Text that is shaded in gray has been develped in cnjunctin with, and will be presented by the Structure TF. Part 4A Internatinal
More informationUsing the Work of an Auditor s Expert
SINGAPORE STANDARD ON AUDITING SSA 620 Using the Wrk f an Auditr s Expert This SSA 620 supersedes SSA 620 Using the Wrk f an Expert in September 2009. Auditrs are required t cmply with the auditing standards
More informationJAUPT Appraisal Criteria Centre Application. November 2016
JAUPT Appraisal Criteria Centre Applicatin Nvember 2016 1. Intrductin T be able t assess centre applicatins fr the suitability f Peridic Training many factrs have t be taken int accunt and cnsidered befre
More informationComment Letter on Exposure Draft Reporting on Audited Financial Statements: Proposed New and Revised International Standards on Auditing (ISAs)
Verband der Industrie- und Dienstleistungsknzerne in der Schweiz Fédératin des grupes industriels et de services en Suisse Federatin f Industrial and Service Grups in Switzerland 22 Nvember 2013 Internatinal
More informationR. Frew Chairman: Board of Directors. Board Charter
Revisin N: 3 Bard f Directrs R. Frew Chairman: Bard f Directrs Effective date: 5 June 2018 Bard Charter Cntents 1. Intrductin 2 2. Purpse f the Charter 2 3. Cmpsitin 2 4. Undertakings by Directrs 2 5.
More informationFCA Final Notice: Market abuse systems and controls
FCA Final Ntice: Market abuse systems and cntrls regulkar Key issues frm the Final Ntice issued by the Financial Cnduct Authrity t W H Ireland Limited n 22 February 2016. 16 March 2016 simmns-simmns.cm
More informationStakeholder Relations and Communications Policy
Stakehlder Relatins and Cmmunicatins Plicy Effective January 15, 2008 Apprved by the Bard f Directrs n January 15, 2008 TABLE OF CONTENTS Sectin I Stakehlder Relatins and Cmmunicatins Plicy 1 NOVA SCOTIA
More informationGuidelines and Recommendations Guidelines on periodic information to be submitted to ESMA by Credit Rating Agencies
Guidelines and Recmmendatins Guidelines n peridic infrmatin t be submitted t ESMA by Credit Rating Agencies 23 June 2015 ESMA/2015/609 Table f Cntents 1 Scpe... 3 2 Definitins... 3 3 Purpse f Guidelines...
More informationLocal Code Of Corporate Governance
Lcal Cde Of Crprate Gvernance Apprved by Jint Cmmittee 26 June 2017 Reprt N JC 09/2017 LOCAL CODE OF CORPORATE GOVERNANCE INTRODUCTION Crprate gvernance is the cmbinatin f prcesses and structures implemented
More informationWritten Representations
SINGAPORE STANDARD ON AUDITING SSA 580 Written Representatins This revised and redrafted SSA 580 supersedes SSA 580 Management Representatins in August 2008. Auditrs are required t cmply with the auditing
More informationPROPOSED INTERNATIONAL STANDARD ON AUDITING (ISA) 260 (REVISED) COMMUNICATION WITH THOSE CHARGED WITH GOVERNANCE
PROPOSED INTERNATIONAL STANDARD ON AUDITING (ISA) 260 (REVISED) COMMUNICATION WITH THOSE CHARGED WITH GOVERNANCE (Effective fr audits f financial statements fr perids [beginning/ending n r after date December
More informationCorporate and Academic Governance Framework
Crprate and Academic Gvernance Framewrk Index 1. Intrductin 3 1.1 Primary elements, cre values and guiding principles 5 1.2 Office fr Students Regulatry Framewrk, Ntices and Advice 6 1.3 Annual review
More informationAudit & Risk Assurance Committee Annual Report For the period 1 April 2017 to 31 March 2018
Paper: PB.04.07.2018/10.iv Audit & Risk Assurance Cmmittee Annual Reprt Fr the perid 1 April 2017 t 31 March 2018 Intrductin 1. The purpse f the Cmmittee is t prvide an independent and bjective view f
More informationTelephone: Fax: Web: Job Description
Jb Descriptin Psitin: Accuntability: Functin: Chief Executive Bard f Directrs The Chief Executive is respnsible t the Bard f Directrs thrugh the Chair f the Bard. The Pst Hlder has delegated respnsibility
More informationInvestor Money Regulations
Investr Mney Regulatins A new regime fr fund service prviders in Ireland On the 30 th March 2015, the new Investr Mney Regulatins were brught int effect by Statutry Instrument 105 f 2015, with crrespnding
More informationEnterprise Risk Management Focusing on the Right Risks
Enterprise Risk Management Fcusing n the Right Risks Assciatin Cnference September 17, 2014 P L n L e A l n s a r n L t f i l C 3 1 0 2 cliftnlarsnallen.cm Discussin Objectives 1.Discuss factrs driving
More informationCurrent Developments: Canadian Securities and Auditing Matters
Current Develpments: Canadian Securities and Auditing Matters March 2017 kpmg.ca Canadian Securities and Auditing Matters This editin prvides a summary f newly effective and frthcming regulatry and auditing
More informationMiFID Supervisory Briefing Suitability
MiFID Supervisry Briefing Suitability 19 December 2012 ESMA/2012/850 Date: 19 December 2012 ESMA/2012/850 I. Backgrund 1. ESMA is required t play an active rle in building a cmmn supervisry culture by
More informationFraud Prevention Policy and Procedure
1 Fraud Preventin Plicy and Prcedure 1. Aim The Library is cmmitted t taking all practicable steps t prevent all types f fraud within the rganisatin (internal fraud) and t prevent the rganisatin being
More informationManual of Administrative Policies and Procedures
Manual f Administrative Plicies and Prcedures POLICY 1.49 Cntract Management and Signing Authrity Plicy Categry: General Related Prcedures: Prcedures fr Negtiating, Apprving and Signing University Cntracts
More informationSelect Auditing Considerations for the 2013 Audit Cycle
Select Auditing Cnsideratins fr the 2013 Audit Cycle This Alert is intended t remind member firms f certain auditing cnsideratins that may be relevant fr the 2013 audit cycle. The Alert identifies and
More informationCÉGEP HERITAGE COLLEGE POLICY # 42 CONCERNING THE CONTRACT RULES COMPLIANCE MONITOR (CRCM) ADMINISTRATOR: Director of Building and Computer Services
42 CÉGEP HERITAGE COLLEGE POLICY # 42 CONCERNING THE CONTRACT RULES COMPLIANCE MONITOR (CRCM) COMING INTO FORCE: June 19, 2014 REVISED: N/A ADMINISTRATOR: Directr f Building and Cmputer Services Preamble
More informationCRSP Index Governance Committees Terms of Reference. Introduction... 2 Governance and Oversight Control Framework... 3 Index Oversight Committee...
CRSP Index Gvernance Cmmittees Terms f Reference CRSP Center fr Research in Security Prices The University f Chicag Bth Schl f Business Chicag, IL 60603 Intrductin... 2 Gvernance and Oversight Cntrl Framewrk...
More informationWorkers Pension Trust
Wrkers Pensin Trust YEAR ENDED 31 OCTOBER 2016 CHAIRMAN S ANNUAL STATEMENT REGARDING DC GOVERNANCE This statement is prduced pursuant t Regulatin 17 f the Occupatinal Pensin Schemes (Charges and Gvernance)
More information