“Public Consultation: Revisions to the Code of Corporate Governance in Mauritius
In 2004, the National Committee for Corporate Governance published “The Code of Corporate Governance for Mauritius”. The existing Code is highly regarded by international specialists in corporate governance and Mauritius has consistently come out in first place in the Mo Ibrahim Index for Governance in Africa. Also, in 2010 the World Bank carried out a Report on the Observance of Standards and Codes (ROSC) on Corporate Governance in Mauritius. Mauritius scored very well in the ROSC and its corporate governance was judged to be on a par with countries such as India, Malaysia and Thailand.
Mauritius wishes to maintain its reputation as being a leader in the field of Corporate Governance and so the Ministry of Finance and Economic Development has decided to revise the Code. Global Governance Services, an independent specialist corporate governance company based in London, has been appointed to lead a consultation process and initiate revisions to the Code and it is expected that the revisions will be published in February 2015.
The National Committee for Corporate Governance (a body set up by Act of Parliament and its members are appointed by the Minister of Finance and Economic Development) is managing and supporting the revision process.
The purpose of the survey is to consult with all key stakeholders in order to provide evidence of the sections in the Code that stakeholders believe may require updating, changing or deleting. Your input to the survey will be listed in the final report or you may select to make an anonymous response.
The survey will close on Friday 24th October.
Your participation in this survey will provide important information to providing a Revised Code that will add value to organisations throughout Mauritius.”