Governance and compliance constitute the fundamental pillar for the sustainability of establishments and the protection of their assets, and securing their operational march against legal and administrative risks. With the acceleration of legislative updates and the evolution of the regulatory environment, the commitment of companies to regulations and bylaws becomes an essential criterion to enhance trust and attract investments.
We provide integrated strategic solutions to link administrative practices with Sharia and regulatory controls, through building and developing governance frameworks, preparing internal compliance bylaws, and managing legal risks; which guarantees for institutions and companies the achievement of the highest levels of transparency and accountability, avoiding regulatory penalties, and raising the efficiency of institutional performance in line with the best local and international practices.
Key Corporate Governance and Compliance Services:
Establishing and building governance frameworks by drafting and preparing comprehensive governance manuals, and defining the powers and responsibilities of boards of directors and the committees emerging from them (such as the audit committee, and the nominations and remunerations committee), and organizing the relationship between the executive management and the shareholders or partners.
Monitoring and auditing regulatory compliance and reviewing and evaluating the extent of compatibility of the establishment’s businesses with the regulations issued by supervisory and oversight authorities, preparing compliance matrices, and providing periodic reports to correct legal deviations before their occurrence.
Drafting internal bylaws and policies and preparing and developing the code of professional conduct and work ethics, conflict of interest policies, internal labor organization bylaws, and disclosure and transparency policies, in a way that guarantees a disciplined and regulatory work environment.
Governance of family companies and preparing and drafting family charters (the family constitution) to organize the transition of ownership and management between generations, and structuring ownership to guarantee business sustainability and separating family ownership from the executive management.
Managing legal risks and investigations by evaluating legislative and legal risks that the establishment may face, putting proactive emergency plans, and supervising internal investigations in cases of breach of regulations or compliance bylaws.
Representation before oversight authorities and representing establishments and their boards of directors before regulatory and oversight authorities and quasi-judicial committees in violations related to non-compliance, and following up on grievance and regulatory settlement procedures.