The global regulatory landscape around corporate governance has undergone dynamic changes with increasing complexity, and those entrusted with governance, i.e., the Board of Directors and the Audit Committee, are being made responsible.
The focus on ‘effective governance’ emphasizes transparency, accountability, and integrity in the organisation, urging entities to adopt emerging best practices to benchmark global standards. Raising the governance standards in the board rooms and the constitution of statutory committee management through Diversity, Independent board, Voluntary committees of the board.