Governance Codes & Standards
GGS has extensive expertise in designing national corporate governance codes and standards.
A Framework for Developing National Corporate Governance Codes
In 2005, the company was the leading contributor to a set of Global Corporate Governance Forum Publications which set out a step-by-step approach that could be followed to develop, implement, and review a Corporate Governance Code of Best Practice.
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- English Edition - Developing Codes of Best Practice
- French Edition - Développement des codes de bonne pratique de gouvernance d'entreprise
- Russian Edition - Разработка Кодексов Hаилучшей Практики Корпоративного Управления.
- Spanish Edition - Elaboración de códigos de las mejores prácticas para el gobierno corporativo
- Arabic Edition - مجموعة الأدوات الثانية:إعداد مدونات عن أفضل الممارسات
Developing National Corporate Governance Codes
GGS has been involved in the development of many different national governance codes and standards. Recent examples include:
1. UK Governance National Occupational Standards (2011)
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- Defining the remit of a Governing Body GOV 1 Define the remit of a Governing Body.pdf
- Defining the composition of the Governing Body GOV 2 Define the composition of the Governing Body.pdf
- Appointing and overseeing the Governing Body GOV 3 Appoint and oversee Governing Body.pdf
- Organising Governing Body meetings GOV 4 Organise Governing Body Meetings.pdf
- Monitoring the performance of the Governing Body GOV 5 Monitor the performance of the Governing Body.pdf
- Determining and reviewing the organisation's purpose vision and values)GOV 6 Determine and review the organisation's purpose vision and values.pdf
- Determining the organisation's strategy and its approach to risk GOV 7 Determine the organisation's strategy and its approach to risk.pdf
- Ensuring the organisation's structure, resource allocation and remuneration systems align with its strategy GOV 8 Ensure the organisation's structure, resource allocation and remuneration systems align with its strategy.pdf
- Establishing and seeking assurance that internal control, management and compliance procedures are in place GOV 9 Establish and seek assurance that internal control, management and compliance procedures are in place.pdf
- Complying with the organisation's legal responsibilities GOV10 Comply with the organisation's legal responsibilities.pdf
- Determining and reviewing the organisation's ethical, social and environmental responsibilities GOV11 Determine and review the organisation's ethical, social and environmental responsibilities.pdf
- Managing relationships with stakeholders GOV12 Manage relationships with stakeholders.pdf
- Providing information to user groups GOV13 Provide information to user groups.pdf
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Global Governance Services Ltd provided technical expertise in the construction of these standards. The Standards are aimed at existing board members or people aspiring to board membership. They are designed to underpin best governance practice and they comprise:
2. UK National Occupational Standards for Company Secretaries (2011)
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Global Governance Services Ltd provided technical expertise in the construction of these standards. The Standards are aimed at company secretaries. They are designed to underpin best governance practice for company secretaries and they comprise:
- Complying with statutory and governance best practice requirements CS1 Comply with statutory and Governance best practice requirementsSC.pdf
- Maintaining registers and the use of the common seal CS2 Maintain registers and use of common sealSC.pdf
- Planning, organising and conducting governing body and committee meetings CS3 Plan organise and conduct Governing Body and committee meetingsSC.pdf
- Planning, organising and conducting general meetings CS4 Plan organise and conduct general meetingsSC.pdf
- Communicating with key stakeholders CS5 Communicate with key stakeholders.pdf
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3. Bahrain National Code of Corporate Governance (2011)
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Global Governance Services Ltd provided technical comments on the code during its development.
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4. United Arab Emirates National Code of Corporate Governance for Small and Medium Sized Organizations (2011)
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Global Governance Services Ltd provided technical comments to the code during its development.
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Client Comments
"The Corporate Governance Code was reviewed by internationally recognized experts including Chris Pierce, CEO of Global Governance Services."
The Kingdom of Bahrain Ministry of Industry and Commerce, 2010.
"The development group included known experts in the field of Corporate Governance that included Chris Pierce, CEO, Global Governance Services Ltd"
CfA National Occupational Standards
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