Back Custom print Link Text Only Rich Text Print

  • 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 with senior 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 2019

    • HC-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 2019

    • HC-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