• HC-8.4 HC-8.4 Appointment, Training and Evaluation of the Board

    • HC-8.4.1

      The licensee should have rigorous procedures for appointment, training and evaluation of the Board.

      October 2019

    • Induction and Training of Directors

      • HC-8.4.2

        The chairman of the Board should 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 should 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-8.4.3

        All continuing directors should be invited to attend orientation meetings and all directors should continually educate themselves as to the licensee's business and corporate governance.

        October 2019

      • HC-8.4.4

        Management, in consultation with the chairman of the Board, should hold programs and presentations to directors respecting the licensee's business and industry, which may include periodic attendance at conferences and management meetings. The Board should oversee directors' corporate governance educational activities.

        October 2019