HC-4.3 HC-4.3 Induction and Training of Directors
HC-4.3.1
The chairman of the Board of
licensees must ensure that each new director receives a formal and tailored induction to ensure his contribution to the Board from the beginning of his term. The induction must include meetings withsenior management , visits to company facilities, presentations regarding strategic plans, significant financial, accounting and risk management issues, compliance programs, its internal and external auditors and legal counsel.October 2019HC-4.3.2
All continuing directors must be invited to attend orientation meetings and all directors must continually educate themselves as to the
licensee's business and corporate governance.October 2019HC-4.3.3
Management, in consultation with the chairman of the Board, should hold programs and presentations to directors respecting the
licensees' business and industry, which may include periodic attendance at conferences and management meetings.October 2019
