We can assist your company in implementing a corporate governance framework that aligns with your business objectives, culture and values. We can also assist with the preparation of action plans, specific governance policies, and procedures to implement the corporate governance framework.

Our reviews include meetings with key stakeholders, attendance at board/committee meetings and a comprehensive assessment of policies, procedures, and practices.

The aim is to help you improve your corporate governance framework, including the effectiveness of underlying processes and to ensure effective decision-making, transparency, and accountability within the organisation.

It can also further enhance board effectiveness and promote alignment with legislative and regulatory requirements, governance standards, and industry best practices.

Contact us to learn more about how Virteffic can support your companies and organisations with the corporate governance framework and its implementation.

The corporate governance calendar, also known as a board calendar or agenda planner, is an annual plan of items that require the board’s (or committee’s) attention. It is useful to make sure that sufficient time is allocated for all the essential fiduciary, strategic, regulatory and board development items and that no mandatory items are missed during the year.

We can assist with the preparation of a Corporate Governance Calendar for your organisation and help identify the key events and requirements throughout the course of a year in your jurisdiction.

Contact us to learn more about how Virteffic can support your companies and organisations.

Well-informed and high-quality decision-making is fundamental to the effectiveness of the board. Challenge, as well as teamwork, is essential, and diversity amongst the board’s members is an important driver of effectiveness. Board members have a duty of care to the company’s shareholders and have a duty to act within their powers, promote the success of the company and exercise independent judgment and avoid and disclose any conflicts of interest. In short, the board must display leadership, effectiveness, and accountability.

A Board Effectiveness Review is designed to evaluate the performance of an organisation’s board of directors, identify areas for improvement, and enhance the overall effectiveness of the Board. A Board Effectiveness Review can help Boards improve their decision-making processes, strengthen board composition, and enhance board dynamics.

The review can be conducted internally by an independent party (for example, the Company Secretary) or (and many regulators prefer this stance) an external provider, such as Virteffic, with support from the Company Secretary. 

Engaging an independent reviewer can bring greater objectivity and fresh insights to the process, and to help the board identify any issues that it might need to address. 

The Board Effectiveness Review would normally be scheduled to be completed on an annual basis and form part of the annual obligations of the company.

Contact us to learn more about the benefits of conducting a board effectiveness review and how Virteffic can assist your organisation.

We can assist you in raising the profile of governance and the key roles of your Directors and the Company Secretary.

We can deliver presentations and/or training to enhance the understanding of governance practises the duties of the directors, the role of the company secretary, and in relation to drafting minutes.  

Complete our online form to provide the details we require to get started. The information will be used to prepare a proposed training plan, including a draft syllabus for your review and a fee proposal.

Virteffic has a team with qualified chartered secretaries and experienced individuals who can help with all aspects relating to meetings. We have extensive corporate and fund secretarial experience and routinely prepare the minutes for board meetings, committee meetings, shareholder meetings, trustee meetings, HR matters, and so on. We will always prepare the minutes efficiently, professionally, and promptly, and with the utmost confidentiality.  The services offered by Virteffic include:

• attend meetings and assist your company secretary¹ with drafting the minutes;
• prepare minutes from recordings;
• preparing notices and agendas;
• co-ordinate the meetings; 
• assist the Company Secretary in planning and maintaining the annual Board and Committee meetings calendars;
• collating and distributing papers for the Board or Committee meetings; and
• summarise and circulate action points in accordance with an agreed timeline.

We can offer a fee quote (time spent, fixed fee or package fee) for minutes and meetings once you have confirmed the number of meetings and the approximate length of each meeting.

¹ Virteffic will not accept an appointment as the Company Secretary as Virteffic does not provide any regulated services, or activities which would require us to be a “registered person” under and as defined in the Financial Services (Jersey) 1998, as amended.