Risk Committee Terms Of Reference (AIM Listed Company)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useType of legal document
🔖 Risk committee terms of referenceBusiness activity
Risk Committee TermsA risk committee terms of reference covers the identification and assessment of risks to the company, as well as the development of policies and procedures to mitigate those risks. It also provides guidance on how the company should respond to risk events.
The template highlights the legal requirements and best practices for establishing and operating the committee, ensuring that it aligns with the laws and regulations governing AIM Listed Companies in the United Kingdom. It outlines the committee's purpose, objectives, and composition, explaining the membership criteria, qualifications, and expertise required for its members.
The document details the committee's scope and authority, emphasizing its role in identifying, assessing, and monitoring various risks faced by the company. It delves into the committee's responsibilities in evaluating the effectiveness of the company's risk management policies, procedures, and internal controls, as well as providing guidance on risk monitoring and reporting systems.
Additionally, the template establishes the committee's relationship with other key stakeholders, such as the board of directors and senior management, defining the lines of communication, reporting mechanisms, and escalation procedures. It emphasizes the provision of regular reports and updates to the board, ensuring active engagement and visibility of the committee's work.
Furthermore, the template covers the committee's meeting procedures, including frequency, quorum requirements, agenda setting, and minutes documentation. It promotes the establishment of robust meeting practices and the availability of resources, such as external advisors, to support the committee's activities.
Overall, the Risk Committee Terms of Reference template aims to offer a robust framework for AIM Listed Companies to establish an effective risk management structure, enabling them to proactively identify, assess, and mitigate risks, ultimately enhancing their overall corporate governance and compliance practices.
How it works
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Similar legal templates
Van Driver Contract
This Van Driver contract template is designed for a commercial driving organisation (or an individual van driver) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of driving and driving-related services to be completed by the van driver on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the driving firm or individual van driver on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
Publisher
Genie AIJurisdiction
England and WalesUnfair Dismissal (Advice To Employee Client Considering Claim)
The template likely includes sections addressing the relevant legal framework surrounding unfair dismissal, which is primarily governed by the Employment Rights Act 1996. It may provide an overview of the legal definition of unfair dismissal, criteria that must be satisfied to bring a claim, and various types of dismissal that may be considered unfair.
Furthermore, the template might outline the potential remedies available to the employee if their claim for unfair dismissal is successful, such as reinstatement or financial compensation. This section may also highlight the applicable time limits for bringing a claim and the process for initiating proceedings before an Employment Tribunal.
The template may further delve into the key grounds for a successful unfair dismissal claim, discussing common scenarios that may warrant such a claim, such as dismissal on discriminatory grounds, redundancy mismanagement, or a lack of sufficient disciplinary procedures. It might also offer guidance on gathering evidence to support the claimant's case, including witness statements, employee records, and relevant correspondence.
Additionally, the document could explore the importance of pursuing alternative dispute resolution methods, like mediation or negotiation, as a potential alternative to legal proceedings. It might provide advice on engaging in these discussions to explore potential settlement options for the dispute.
Overall, the template seeks to provide legal professionals with a comprehensive guide to advise their employee clients on the viability of pursuing an unfair dismissal claim in the United Kingdom and the various aspects they should consider before initiating legal action.
Publisher
Genie AIJurisdiction
England and WalesUK Merger Control Questionnaire
When two or more companies merge or form a joint venture, it is crucial to comply with the UK's merger control rules and regulations to ensure smooth and lawful integration. The template provides a standardized set of questions and information requirements that need to be addressed while notifying the Competition and Markets Authority (CMA) about the merger or acquisition.
The questionnaire covers various aspects of the proposed transaction, such as company details, the nature of the agreement, business activities, market competition, and potential impact on the market. It may also require detailed information on market shares, customer bases, and key competitors, aiming to evaluate potential anti-competitive effects resulting from the merger.
This legal template is essential for companies engaging in mergers or acquisitions in the UK as it helps streamline the process of notifying the relevant authority. By ensuring compliance with the UK's merger control regulations, businesses can avoid penalties, delays, or even potential injunctions that may arise from non-compliance.
Overall, the UK Merger Control Questionnaire template is a valuable resource for legal practitioners, businesses, and individuals involved in merger or acquisition transactions, providing a comprehensive outline of the information required to satisfy the merger control obligations under UK law.