• Introduction
• Areas of expertise

Introduction

The increased focus on corporate governance since 2001, following the high profile collapses of companies such as Enron, WorldCom and Leisurenet, and the recent worldwide financial crisis, continues to highlight the importance of good corporate governance. Shareholders are placing more and more emphasis on adherence to conduct that is universally recognised and accepted as sound. The King II report redefined the corporate governance climate in South Africa and the revised King III report will incorporate, expand and align itself with many of the onerous and additional requirements included in the new Companies Act.

The new Companies Act 71 of 2008 is expected to be implemented during the middle of 2010 and will result in increased personal liability and onerous responsibilities for directors, who must be fully aware of these legislative amendments to ensure compliance and protect both their and the company's interests.

Good corporate governance means effective management, promoting accountability of individuals and a commitment to values and ethical business practices within the confines of regulatory, compliance and risk management principles to ensure commercial longevity and profitability.

How we can help you

Our team works closely with the commercial attorneys in the firm to provide input on commercial transactions, effective business structuring and best practice from the outset, in order to provide clients with an efficient and tailor made service.

We aim to relieve the ever increasing administrative burden placed on companies by giving comprehensive advice, assistance and support on all company secretarial matters, regulatory compliance, the JSE listings requirements and the observance of established corporate governance norms, practices and ethics. Our team’s approach is to evaluate our clients' compliance with corporate governance needs in terms of both statutory and stock exchange environments.

It is every company’s aim to enhance its competitiveness and provide accountability to its shareholders. We can assist you by managing your company secretarial requirements and ensuring compliance with corporate governance standards, so that you can focus on the running of your company.