Sub-committees
Audit Committee
The Committee shall monitor the integrity of the financial statements of the company, including its annual and interim reports, preliminary results' announcements and any other formal announcement relating to its financial performance, reviewing significant financial reporting issues and judgements which they contain. The Committee shall also review summary financial statements, significant financial returns to regulators and any financial information contained in certain other documents, such as announcements of a price sensitive nature. Additional duties include review of internal controls and risk management systems as well as oversight of external audit.
All directors of the Board shall be members of the Committee, at least one of whom shall have recent and relevant financial experience. Gregory Shenkman is currently the Chairman for the Committee.
Nomination & Remuneration Committee
The Committee will consider and monitor the level and structure of remuneration of the directors of the Company. The Committee shall also conduct an annual process to evaluate the performance of the Board and its individual directors and make appropriate recommendations to the Board. All directors of the Board will be members of the Committee with Peter Atkinson currently the Chairman for the Committee.