regulations & governance

The SEM Board is committed to ensuring that its policies and practices in the critical areas of financial reporting, remuneration reporting and corporate governance, meet high levels of disclosure and comply with the relevant legal and regulatory provisions and with the new Code of Corporate Governance for Mauritius (2016). As per Circular Letter issued by the FSC on 28 February 2018, licensees have to comply with the new Code of Corporate Governance 2016 and apply the eight principles of the new Code in accordance with the nature of their business while inspiring themselves from the specific guidance provided in the Code when same is applicable.

The SEM is already complying with the main principles of the Code of Corporate Governance. The Corporate Governance Report in the SEM's Annual Report discloses the extent of compliance of the SEM with the new Code. Below is a list of documents required to be disclosed on the organisation's website under Principle 1 of the Code of Corporate Governance.

View the Constitution of SEM

View the SEM Board Charter

View the Code of Corporate Behaviour of SEM

View the Position Statements of Chairperson and Company Secretary

View the Terms of Reference of Corporate Governance Committee of SEM

View the Terms of Reference of Audit Committee of SEM

View the SEM IT Security Policy