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CORPORATE REGULATORY AND COMPLIANCE FRAMEWORK 9th February 2012
Companies walk a fine line. They have to be successful and turn a profit and they have to ensure that they comply with government's regulatory requirements. All too often Directors see these two directives as conflicting. In fact they are not-they are complimentary. It has been proven that compliance to a country's regulatory framework can enhance the performance of an organisation. The reasons for compliance to the regulatory framework go far beyond the fear of penalties or fines. At the heart of compliance is values based leadership coupled with good corporate citizenship. In this workshop, we will discuss what compliance means and how we can use it to ensure better leadership for your organisation.
In October 2003, the Code of Corporate Governance for Mauritius was launched. Compliance with the Code, which is based on the OECD Principles, is on a voluntary (comply or explain) basis, and applies to listed companies, banks and non-bank financial institutions, large public and private companies, and state-owned enterprises (including statutory corporations and parastatal bodies).
IoD International
MIoD Board Members
Institutes of Directors having similar objectives and programmes as those of the MIoD are in existence in various countries around the world.