The Corporate Governance Code is a set of rules and recommendations that Caspian SEC JSC follows in the course of its activities to ensure a high level of business ethics in relations within the Company and other market participants.
An effective corporate governance structure implies respect for the rights and interests of all persons interested in the activities of the Company and contributes to the successful operation of the Company, including the growth of its value, maintaining financial stability and profitability.
The management bodies of the joint-stock company are:
- supreme body – general meeting of shareholders (sole shareholder, if all voting shares belong to one shareholder);
- governing body – Board of Directors;
- executive body – the Management Board;
- the body that exercises control over the financial and economic activities of the Company is the Internal Audit Service.