All Templates
Define audit and risk committee
🏷️ Audit and risk committee terms of reference
Audit And Risk Committee Terms Of Reference (AIM Listed Company)
Audit And Risk Committee Terms Of Reference (AIM Listed Company)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useType of legal document
🏷️ Audit and risk committee terms of referenceBusiness activity
Define audit and risk committeeThe "Audit And Risk Committee Terms Of Reference (AIM Listed Company) under UK law" is a legal template that provides a comprehensive framework for the establishment, purpose, and functioning of an Audit and Risk Committee within a company listed on the AIM (Alternative Investment Market) in the United Kingdom.
This template serves as a guide for drafting the terms of reference document, which outlines the roles, responsibilities, and authority of the Audit and Risk Committee in promoting effective corporate governance, financial reporting, risk management, and internal control practices within the organization.
The document covers various aspects such as the committee's composition, qualifications, and appointment process for its members, including the necessary skills and expertise. It also details the committee's reporting lines, relationship with the board of directors, and any specific legal or regulatory requirements applicable to AIM-listed companies in relation to audit and risk functions.
Furthermore, the template provides a framework for the committee's core activities, including the review and oversight of the company's financial statements, internal control systems, internal and external audits, risk assessment and management, and compliance with relevant laws and regulations. It may also touch upon matters such as the committee's meeting procedures, frequency, and quorum requirements.
By utilizing this legal template, AIM-listed companies can ensure that their Audit and Risk Committee operates in accordance with best practices and legal requirements, promoting transparency, accountability, and integrity in the company's operations. It provides a structured basis for the committee's work and helps safeguard the interests of shareholders, regulators, and other stakeholders, fostering trust and confidence in the company's financial reporting and risk management practices.
This template serves as a guide for drafting the terms of reference document, which outlines the roles, responsibilities, and authority of the Audit and Risk Committee in promoting effective corporate governance, financial reporting, risk management, and internal control practices within the organization.
The document covers various aspects such as the committee's composition, qualifications, and appointment process for its members, including the necessary skills and expertise. It also details the committee's reporting lines, relationship with the board of directors, and any specific legal or regulatory requirements applicable to AIM-listed companies in relation to audit and risk functions.
Furthermore, the template provides a framework for the committee's core activities, including the review and oversight of the company's financial statements, internal control systems, internal and external audits, risk assessment and management, and compliance with relevant laws and regulations. It may also touch upon matters such as the committee's meeting procedures, frequency, and quorum requirements.
By utilizing this legal template, AIM-listed companies can ensure that their Audit and Risk Committee operates in accordance with best practices and legal requirements, promoting transparency, accountability, and integrity in the company's operations. It provides a structured basis for the committee's work and helps safeguard the interests of shareholders, regulators, and other stakeholders, fostering trust and confidence in the company's financial reporting and risk management practices.
How it works
Create doc / use template
Chat to our AI Legal Assistant
Edit, collaborate & share
Export to .docx
PRODUCT HUNT
#1 Product of the Day
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
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
Exclusive Agreement For Selling And Buying Land (Freehold Or Leasehold)
This legal template outlines the terms and conditions for an exclusive agreement between two parties for the selling and buying of land, either as freehold or leasehold properties, under UK law. The template is designed to provide a comprehensive framework that covers all essential aspects of the agreement, ensuring a clear understanding and protection of the rights and responsibilities of both the seller and buyer.
The template includes provisions for defining the property and its legal status, stating the agreed purchase price, and specifying any conditions or contingencies that need to be met before the sale can be finalized. It also outlines the responsibilities of both parties, such as ensuring compliance with applicable laws, obtaining necessary permits or consents, and disclosing any relevant information about the property.
Additionally, the template may include provisions governing the transfer of ownership, including the execution of necessary documents and payment terms, as well as any warranties or guarantees provided by the seller regarding the condition or title of the property. It may also cover dispute resolution mechanisms, confidentiality obligations, and any other specific terms agreed upon by the parties.
Overall, this legal template serves as a comprehensive and legally binding agreement for the exclusive sale and purchase of land, ensuring that both parties are protected and understand their rights and obligations throughout the transaction under the framework of UK law.
The template includes provisions for defining the property and its legal status, stating the agreed purchase price, and specifying any conditions or contingencies that need to be met before the sale can be finalized. It also outlines the responsibilities of both parties, such as ensuring compliance with applicable laws, obtaining necessary permits or consents, and disclosing any relevant information about the property.
Additionally, the template may include provisions governing the transfer of ownership, including the execution of necessary documents and payment terms, as well as any warranties or guarantees provided by the seller regarding the condition or title of the property. It may also cover dispute resolution mechanisms, confidentiality obligations, and any other specific terms agreed upon by the parties.
Overall, this legal template serves as a comprehensive and legally binding agreement for the exclusive sale and purchase of land, ensuring that both parties are protected and understand their rights and obligations throughout the transaction under the framework of UK law.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
12
RATINGS
4
DISCUSSIONS
2
Simple Confidentiality Agreement For Buying Shares (nda)
This legal template is specifically designed for individuals or entities interested in buying shares in a company located within the jurisdiction of the United Kingdom. The Simple Confidentiality Agreement serves as a legally binding contract that imposes confidentiality obligations on both parties involved in the share purchase transaction.
Confidentiality is crucial in such transactions, as sensitive information such as financial records, strategic plans, intellectual property, and trade secrets may be disclosed and discussed during negotiations. This agreement aims to protect the interests of both the buyer and the seller by ensuring that any information shared remains strictly confidential before, during, and after the completion of the share purchase.
Under UK law, this agreement establishes the terms and conditions for maintaining confidentiality, including defining what constitutes confidential information, outlining the duration of the agreement, and specifying the permitted use of the disclosed information. It also details the consequences of breaching the agreement, which may involve legal remedies, monetary damages, or injunctive relief.
By utilizing this legal template, both the buyer and the seller can enter into a secure and regulated agreement, ensuring that information disclosed throughout the share purchase process remains confidential and is not shared with unauthorized individuals or entities. This agreement provides a solid foundation for establishing trust and protecting sensitive information, fostering a transparent and fair share purchase transaction in adherence to UK legal standards.
Confidentiality is crucial in such transactions, as sensitive information such as financial records, strategic plans, intellectual property, and trade secrets may be disclosed and discussed during negotiations. This agreement aims to protect the interests of both the buyer and the seller by ensuring that any information shared remains strictly confidential before, during, and after the completion of the share purchase.
Under UK law, this agreement establishes the terms and conditions for maintaining confidentiality, including defining what constitutes confidential information, outlining the duration of the agreement, and specifying the permitted use of the disclosed information. It also details the consequences of breaching the agreement, which may involve legal remedies, monetary damages, or injunctive relief.
By utilizing this legal template, both the buyer and the seller can enter into a secure and regulated agreement, ensuring that information disclosed throughout the share purchase process remains confidential and is not shared with unauthorized individuals or entities. This agreement provides a solid foundation for establishing trust and protecting sensitive information, fostering a transparent and fair share purchase transaction in adherence to UK legal standards.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
9
RATINGS
5
DISCUSSIONS
3
Exclusive Agreement For Selling And Buying Shares (Lock Out Agreement)
The Exclusive Agreement for Selling and Buying Shares (Lock Out Agreement) under UK law is a legal template that outlines the terms and conditions for an agreement between two parties involving the purchase and sale of shares. This agreement is exclusive in nature, meaning that it restricts the parties from engaging with any other potential buyer or seller during the specified period. The template provides a framework for the parties to establish the terms of the agreement, such as the duration of the lock-out period, the price of the shares, any special conditions for the transaction, and specific obligations and responsibilities of each party. This template is designed to ensure that the agreed-upon terms and conditions are legally binding and protect the interests of both parties involved in the share transaction. Abiding by UK law, the Exclusive Agreement for Selling and Buying Shares (Lock Out Agreement) is a valuable tool in establishing a secure and exclusive agreement for the sale and purchase of shares in the UK.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
5
RATINGS
5
DISCUSSIONS
2
