The Governance Code for the Community, Voluntary and Charitable Sector in Ireland - Principles of Good Governance
On 13th July 2013 the Board signed up to the principles of Good Governance in the Governance Code and has been working on the process of signing up to the Code since then. On 28th January 2017 the Board certified its compliance with the Governance Code with the following two exceptions:
2.1(b) The CE is appointed as Company Secretary. MS Ireland has a dedicated Governance Committee of the Board which meets regularly and are satisfied that this ensures governance processes and controls are appropriate and the necessary checks and balances are in place.
2.2(e) MS Ireland does not have an internal audit function. Given the size of the organisation, we have sufficient controls in place and oversight of the controls”.
The Principles of the Code are:
Principle 1
Leading our organisation
Principle 2
Exercising control over our organisation
Principle 3
Being transparent and accountable
Principle 4
Working effectively
Principle 5
Behaving with integrity