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Tools > Internal control - new!
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| Internal control and risk management |
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Guidance document
In light of the feedback received to the public consultation regarding the guidelines, the Committee decided to develop a guidance document for listed companies to assist them to describe the main features of the company's internal control and risk management systems.
The Committee set up an ad-hoc working group composed of representatives of listed companies, l'Institut des Réviseurs d'Entreprises (IRE-IBR) as well as the Institute of Internal auditors (IIABel) to draw up this document.
Download > Guidance document (French & Dutch only)
Results public consultation
In January 2011, the Corporate Governance Committee has elaborated guidelines for listed companies to assist them with the implementation of the law of 6 April 2010 and the recommendations of the 2009 Code regarding internal control and risk management.
In order to make sure that the guidelines respond to the expectations of the addressed companies, the Corporate Governance Committee has decided to hold a public consultation. This public consultation ended on 31 October 2011. The Committee received 32 reactions in total, from which 12 companies, 3 external auditors and 17 consultants and experts in internal audit.
In general, the reactions on the guidelines were positive. The feedback received will be used to improve the guidelines in order to even better support the listed companies.
Download > Results of the public consultation (French & Dutch only)
Guidelines
The law of 6 April 2010 regarding the reinforcement of corporate governance of listed companies has introduced a new obligation by bringing in a description of the main features of the company's internal control and risk management systems. This description needs to be disclosed in the Corporate Governance Statement, which forms a specific section of the annual report.
In this respect, the Corporate Governance Committee has elaborated guidelines for listed companies to assist companies with the implementation of the law of 6 April 2010 and of the recommendations of the 2009 Code regarding internal control and risk management.
Download > Guidelines internal control and risk management (French and Dutch only)
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