The overwhelming need for a greater degree of scrutiny and supervision by senior management, as well as by external auditors and regulators, of the financial integrity of companies became a critical issue following a number of financial scandals in the 1980s and 1990s (such as BCCI, Baring Brothers, Enron, etc).

The expression 'corporate governance' refers to the way in which a company's affairs are managed, the distribution of rights and responsibilities, and the rules and procedures surrounding decision making that affects managers, directors and shareholders.

The most important objective is to create the conditions in which a firm's managers and directors act in the best interests of the firm and its shareholders, and to ensure that managers may be held accountable to shareholders and capital providers for the use of financial assets.

Financial Market Strategies focuses on the ways in which a firm conducts itself in its use of financial market products and services. We can help you to ensure that due diligence is undertaken to prevent unwitting money laundering or other fraudulent use of funds. Robust 'know your client' procedures are also essential in this regard.

We can provide a summary 'health check' of your existing procedures, and work with you to ensure all reasonable steps are taken to ensure that you are compliant with good business practice.

For more details, contact us.