We appreciate good governance is important to you and you may need company secretarial services. Therefore we have chartered company secretaries who can provide company secretarial services and attend your board meeting. SLI also make filings and/or can assist you with corporate governance issues. Our service is based on a flexible fixed fee arrangement or at a day rate. We are ICSA qualified and can provide you with corporate governance advice.
“Corporate governance is the system of rules, practices and processes by which a company is directed and controlled.
Corporate Governance refers to the way in which companies are governed and to what purpose. It identifies who has power and accountability, and who makes decisions.” The Institute of Chartered Governance. Similarly to governance organisations, we believe good governance is not something unattainable. With good processes and education we can all become governance experts. It’s in our DNA.
Corporate governance includes the processes through which corporations’ objectives are set and pursued in the context of the social, regulatory and market environment. These include monitoring the actions, policies, practices, and decisions of corporations, their agents, and affected stakeholders. Corporate governance practices can be seen as attempts to align the interests of stakeholders.Interest in the corporate governance practices of modern corporations, particularly in relation to accountability, increased following the high-profile collapses of a number of large corporations in 2001–2002, many of which involved accounting fraud; and then again after the recent financial crisis in 2008. Corporate scandals of various forms have maintained public and political interest in the regulation of corporate governance.
What are the rules in the UK?
The UK Corporate Governance code, formerly known as the Combined Code is a part of UK Company Law with a set of principles of good corporate governance aimed at companies listed on the London Stock Exchange. It is overseen by the Financial Reporting Council and its importance derives from the Financial Conduct Authority’s Listing Rules. The Listing Rules themselves are given statutory authority under the FSMA and require that public listed companies disclose how they have complied with the code, and explain where they have not applied the code – in what the code refers to as ‘comply or explain’.