Corporate Governance

Section 2 Managing and communicating risk and implementing internal control


The Board is responsible for putting in place and communicating a sound system to manage risk and implement internal control.

The management of risk is an essential business practice. Boards are expected to balance risk and return, threat and opportunity. Setting strategy includes determining the extent of exposure to the critical risks the company is willing and able to bear.


The current Board consists of three non-executive Directors and therefore all three will preside over every aspect of the Company’s activities

It is not considered appropriate to establish separate committees for as long as this situation prevails.