The Board is responsible for the governance of risk and ensures that Management maintains a sound system of risk management and internal controls, to safeguard the interests of the company and its shareholders17.
The Board has an Audit Committee ("AC")18 which discharges its duties objectively.
The CG Guides series is the definitive guide and reference to what directors need to know about Board and Board Committee practices in the context of the business and regulatory environment in Singapore.
The series comprises six printed Guidebooks and this eGuide platform. It is produced by SID with resources from Deloitte, EY, KPMG, Mercer and PwC, and support from ACRA, MAS and SGX.
While the Guides are intended for use by listed companies, the practices and guidance are also useful to private companies and non-profit organisations.
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