As we approach the halfway point of the year, now is the ideal time for regulated businesses in Jersey and Guernsey to pause, reflect, and assess their governance practices. A mid-year governance health check ensures that your organisation remains compliant, effective, and aligned with its regulatory obligations and internal expectations.
It’s not just about ticking boxes. Strong governance supports better decision-making, reduces risk, and reinforces stakeholder confidence. By carrying out a structured review now, you can address any gaps proactively – before year-end pressures set in.
Why a mid-year review matters
In our experience working with regulated entities across the Channel Islands, we’ve seen the positive impact of timely governance reviews. A mid-year check allows you to:
Ensure key filings and deadlines have been met
Confirm board and committee meetings are on schedule and documented
Review whether actions and decisions have been appropriately recorded and followed up
Address areas of inefficiency or poor record-keeping before year-end audits
Prepare for regulatory visits with confidence
Prevent last-minute scrambling in Q4
A structured approach can highlight strengths, flag risks, and support continuous improvement across your governance function.
Key areas to check
At Virteffic Limited, we recommend focusing on the following as part of your mid-year governance review:
Board meeting records Have minutes been drafted, approved, and filed in a timely manner? Are actions clearly documented and tracked? Are decisions supported by clear rationale?
Agenda review Have your board and committee agendas so far this year covered the key issues outlined in your governance calendar? Are there critical areas that are yet to be discussed? Reviewing agendas mid-year helps ensure balanced coverage and alignment with your regulatory and strategic priorities.
Compliance with internal policies Are your terms of reference, conflicts registers, and board calendars being followed? Have there been any changes that require updates to your policies or governance framework?
Board effectiveness review Has the board’s performance been reviewed this year, or is it scheduled? Are you capturing meaningful feedback and evaluating whether the board is fulfilling its role effectively? An objective, well-structured review can support better oversight and decision-making.
Training and development Are directors and senior staff on track to meet CPD requirements? Are there gaps in knowledge that could be addressed through training? A mid-year check is a great time to review development plans and ensure training goals are aligned with governance priorities.
Governance housekeeping Are your meeting packs clear, timely, and structured to support quality decision-making? Are there opportunities to improve administrative processes or streamline board reporting?
How Virteffic can help
Our team of chartered secretaries and governance professionals supports regulated businesses in Jersey and Guernsey with flexible, tailored governance solutions. Whether you need a full mid-year review, assistance with board support, or a seconded professional to reinforce your team, we’re here to help.
We offer independent insights, structured governance reviews, and practical support to help you meet your obligations efficiently and confidently. Our services include:
Minute-taking and board administration
Agenda planning and annual calendar reviews
Governance document reviews and drafting
Secondment and interim support
Board effectiveness reviews
Delivery of tailored governance training to support your board, company secretary and corporate governance teams
Administration and secretarial support for regulated entities, funds, corporates, and charities
Stay on track for a strong year-end
Governance isn’t just a once-a-year exercise. A proactive mid-year check-in can save time, reduce risk, and keep your organisation compliant and well-positioned for the months ahead.
📩 Contact Virteffic today to arrange a governance health check tailored to your business needs.
Contact us today or complete our short online form for a tailored proposal.
All the best,
Tess
I am Tess Price
As the heart and soul behind Virteffic Limited, I’ve carved a niche in the Channel Islands’ business landscape and reshaped the traditional work environment. I have dedicated my career to providing exceptional secretarial support and corporate governance services. Over the years, I have cultivated a reputation for delivering meticulous minute-taking, comprehensive board support, and effective governance solutions. My journey has been shaped by a commitment to hard work, integrity, attention to detail, and a deep understanding of the unique challenges businesses face.
Beyond the boardroom, I am a firm believer in continuous learning and an advocate for the well-being and growth of team members, fostering a culture of collaboration and innovation. This culture of continuous improvement ensures that we remain at the forefront of our industry, providing our clients with the most efficient and effective solutions.
Through “Tess Thoughts,” I share insights and experiences that blend professionalism with a personal touch—whether exploring the nuances of effective minute-taking, the importance of strong corporate governance, or strategies for achieving a better work-life balance. My goal is to offer practical guidance that inspires and empowers others in their own professional journeys.
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