Regulatory Alerts2017-09-04
Added · Updated
Capital Market Corporate Governance Code No. 09, 2012
The Rwanda Capital Markets Authority issued Code No. 09 of 2012 to mandate fair, transparent corporate governance for all listed companies starting January 1, 2013. The code establishes binding requirements for board effectiveness, director qualifications, independence criteria, conflict-of-interest disclosures, and a recommended maximum six-year term limit. While compulsory for listed entities, the framework strongly encourages unlisted and private companies to voluntarily adopt its governance standards to optimize performance and risk management.
Topics
Share