The King IV™ Report on Corporate Governance for South Africa, 2016 (King IV Report) recommends that the functioning of a board of directors and each of its committees be governed by a formal charter or terms of reference, addressing as a minimum the topics listed in the King IV™ Report. It is furthermore recommended that such charter or terms of reference be reviewed on an annual basis.
FluidRock can assist with the review of your organisation’s Board Charter and Committees’ Terms of Reference. Recommendations for amendments will be made where deemed appropriate, considering recent governance developments and best practice (including addressing the review of minutes)