Governance

A successful entity is not measured by the abundance of its activities or the size of its business and projects, but by the soundness of its internal organization, the discipline of its administrative structure, and the consistency of its decisions in light of their regulatory references. Sound governance builds an impenetrable regulatory fence that ensures disciplined decision-making and execution, guaranteeing balanced conduct and deterring individual discretion from steering decisions off course.

Building the Governance Framework

• Preparing a governance framework tailored to the entity type (family companies, joint stock companies, funds, and non-profit entities)
• Drafting the charter of the board of directors and its committees (audit, nominations, remuneration, and risk)
• Building an authority map and linking it to the functional and operational structure
• Preparing the complete corporate governance manual and linking it to compliance policies and oversight reports
• Aligning regulations with public offering requirements and compliance with the Capital Market Authority

Internal Regulations and Policies

• Preparing internal governance regulations, such as conflict of interest, record keeping, disclosure, reporting, and employee conduct policies
• Developing operational governance templates for sensitive departments (procurement, human resources, information technology)
• Preparing supporting policies such as document retention and internal control policies
• Developing a manual for committee meetings and signing authorities to ensure orderly business and prevent overreach

Auditing and Gap Analysis

• Auditing existing practices, analyzing governance gaps, and providing a detailed legal report on required improvements
• Linking governance to performance and compliance indicators in the annual reports of internal or regulatory bodies
• Qualifying boards of directors and executive leadership on their regulatory roles and the limits of their responsibilities