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A National Standard for Corporate Governance

13 Sep 2013 8:35 AM | Administrator

(Photo: T&T Corporate Governance Code Working Group in session on March 4th, 2013 at the offices of First Citizens Bank)

 RSVP now for the upcoming Public Consultation Forum: 

Thursday October 10th, 2013 9-11AM
T&T Chamber of Commerce, Westmoorings


(Article reposted from the Trinidad & Tobago Chamber of Industry & Commerce website)

In November 2012, the Trinidad and Tobago Chamber of Industry and Commerce, together with the Trinidad and Tobago Stock Exchange, partnered with the newly formed Caribbean Corporate Governance Institute to lead the development of a national Corporate Governance Code.  In January 2013, a dedicated team of individuals from 15 organizations were assembled to develop a document that will not only be a customized set of best practices for T&T companies, but also irrevocably increase the standard of corporate governance, and thereby business performance in our nation.

Fast-forward six months to June 2013 at the second annual Corporate Governance event series hosted by the International Finance Corporation (IFC) at the Hyatt Regency in Port of Spain. At this occasion, Ms. Alex Kjorven, Chief Executive Officer of the Caribbean Corporate Governance Institute, on behalf of all partners on the Code project, including the Chamber, offered audience members a glimpse inside the current draft of this much anticipated Code.

Why a Code?

The idea of introducing new codes or standards are often met with either skepticism from those who feel Codes are not enough, or objection from those who feel there are already too many rules. 

>> Read the full article on the T&T Chamber of Commerce website.

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