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Compliance and Corporate Scandal: People & Structure Presenter: Alex Kjorven, Caribbean Corporate Governance Institute 1 Caribbean Corporate Governance Institute | 14 Alcazar Street, Port of Spain | +1 868 221 8707 | [email protected]

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Page 1: Compliance and Corporate Scandal: People & Structure Presenter: Alex Kjorven, Caribbean Corporate Governance Institute 1 Caribbean Corporate Governance

Compliance and Corporate Scandal: People & Structure Presenter: Alex Kjorven, Caribbean Corporate Governance Institute

1Caribbean Corporate Governance Institute | 14 Alcazar Street, Port of Spain | +1 868 221 8707 | [email protected]

Page 2: Compliance and Corporate Scandal: People & Structure Presenter: Alex Kjorven, Caribbean Corporate Governance Institute 1 Caribbean Corporate Governance

People

3Caribbean Corporate Governance Institute | 14 Alcazar Street, Port of Spain | +1 868 221 8707 | [email protected]

Page 3: Compliance and Corporate Scandal: People & Structure Presenter: Alex Kjorven, Caribbean Corporate Governance Institute 1 Caribbean Corporate Governance

People

2

Duty of Care

Duty of Loyalty

Caribbean Corporate Governance Institute | 14 Alcazar Street, Port of Spain | +1 868 221 8707 | [email protected]

Page 4: Compliance and Corporate Scandal: People & Structure Presenter: Alex Kjorven, Caribbean Corporate Governance Institute 1 Caribbean Corporate Governance

Structures

3Caribbean Corporate Governance Institute | 14 Alcazar Street, Port of Spain | +1 868 221 8707 | [email protected]

Page 5: Compliance and Corporate Scandal: People & Structure Presenter: Alex Kjorven, Caribbean Corporate Governance Institute 1 Caribbean Corporate Governance

Structures

2

Trinidad & Tobago Corporate Governance Code

1. Appropriateness for Local Markets2. Consistent With International Standards3. High Adoption Rate 4. Increased Awareness of Corporate Governance

Caribbean Corporate Governance Institute | 14 Alcazar Street, Port of Spain | +1 868 221 8707 | [email protected]

Page 6: Compliance and Corporate Scandal: People & Structure Presenter: Alex Kjorven, Caribbean Corporate Governance Institute 1 Caribbean Corporate Governance

Structures

2

A Look Inside the Code

Recommendation 3.3

“Members of the Board and senior management should disclose to the Board whether they, directly or indirectly or on behalf of third parties, have a material interest in any transaction or matter directly affecting the organization.“

TTCGC Secretariat | Caribbean Corporate Governance Institute | 14 Alcazar Street, Port of Spain | +1 868 221 8707 | [email protected]

Page 7: Compliance and Corporate Scandal: People & Structure Presenter: Alex Kjorven, Caribbean Corporate Governance Institute 1 Caribbean Corporate Governance

Your Role

3TTCGC Secretariat | Caribbean Corporate Governance Institute | 14 Alcazar Street, Port of Spain | +1 868 221 8707 | [email protected]

Page 8: Compliance and Corporate Scandal: People & Structure Presenter: Alex Kjorven, Caribbean Corporate Governance Institute 1 Caribbean Corporate Governance

9TTCGC Secretariat | Caribbean Corporate Governance Institute | 14 Alcazar Street, Port of Spain | +1 868 221 8707 | [email protected]

We Want Your Input

• Public Consultation (Active)

• Focus Groups

• Code Launch (November 2013)

Page 9: Compliance and Corporate Scandal: People & Structure Presenter: Alex Kjorven, Caribbean Corporate Governance Institute 1 Caribbean Corporate Governance

13

Alex KjorvenCEO, Caribbean Corporate Governance Institute

TTCGC SecretariatCaribbean Corporate Governance Institute14 Alcazar Street Port of Spain, TrinidadT: +1 868 221 8707F: +1 868 221 5306E: [email protected]

www.caribbeangovernance.org/codes-guides/ttcgc/feedback

Thank You

Caribbean Corporate Governance Institute | 14 Alcazar Street, Port of Spain | +1 868 221 8707 | [email protected]


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