2025-01-01

Prudential Standard No. 02-2025/BSSFS: Corporate Governance

The Bank Supervision, Surveillance and Financial Stability Division has issued Prudential Standard No. 02-2025/BSSFS to establish minimum corporate governance requirements for all banking and non-bank financial institutions in Zimbabwe. The standard mandates boards to actively oversee strategy, integrate environmental and social governance priorities into risk management, enforce strict conflict of interest controls, and maintain robust internal audit and compliance functions. By clarifying directors’ statutory duties and standardizing board committee structures, the revised framework strengthens accountability, ensures prudent decision-making, and aligns domestic institutions with international Basel and OECD governance principles.

Zimbabwe

Reserve Bank of Zimbabwe

Show thumbnailShow full textSourceAdd to collection

Show thumbnail