70 C I M F I N A N C I A L S E R V I C E S L T D CORPORATE GOVERNANCE REPORT (continued) C O R P O R A T E G O V E R N A N C E In accordance with the requirements of the Code, the following documents, as approved by the Board, are available for consultation on the Company’s website https://about.cimfinance.mu/en/about/about-cim-finance/governance Constitution of CFSL The Constitution has been drafted in accordance with the provisions of the Companies Act 2001 and the Listing Rules established by the Stock Exchange of Mauritius. Board Charter The Board Charter provides the terms of reference of the Board as well as a concise overview of the objectives, role, composition and responsibilities of the Board of the Company. Code of Ethics The Code of Ethics highlights areas such as personal conduct, conflicts of interest, personal dealings in securities and related investments, and employment practices which the Company believes are essential in maintaining fair business practices. The Board will regularly monitor and evaluate compliance with the Code of Ethics. All employees and Directors have received a copy of the Code of Ethics, and new employees and Directors are provided with a copy of the Code of Ethics upon their induction. Position statements of the Chairperson, of the Chief Executive Officer, of the Company Secretary, of the Chairperson of the Audit and Compliance Committee, of the Chairperson of the Risk Management Committee, of the Chairperson of the Corporate Governance and Conduct Review Committee and of the Chairperson of the Board Investment Committee. The function and role of the Chairperson and that of the Chief Executive Officer are separate. These position statements provide a clear definition of the respective roles and duties of the Chief Executive Officer, of the Company Secretary, of the Chairperson of the Board as well as of the Chairperson of each committee. Organisational Chart and Statement of main accountabilities CFSL operates within a clearly defined governance structure and such framework provides for clear lines of responsibility and delegation of authority while enabling the Board to retain effective control. Nomination and appointment process for Directors It highlights the process of identifying candidates, recommending potential Directors to the Board for approval and providing themwith an induction programme once their appointment has been approved.
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