Section

Governance

Codes, rules, disputes and enforcement that shape how companies are run.

  1. Explainer

    Saudi shareholders can now remove directors under amended CMA rules

    Holders of 10 per cent of voting shares can trigger a removal vote, with fixed rules on notice, a 75-day replacement window and re-nomination.

    Small Print4 min read

  2. Explainer

    AIFC rules set seven binding board principles and a comply-or-explain code

    The annual report must say whether companies adopt the Schedule 3 standards, and a false explanation would breach the ban on misleading statements.

    Small Print4 min read

  3. Mondi links 21.6 per cent pre-emption dissent to South African holders

    Dissent on the 14-day notice resolution rose to 21.67 per cent from 15.49 per cent in 2025, and the company said it will keep considering its approach.

    Minute Book3 min read

  4. Analysis

    Tenure limits for independent directors vary by market

    The UK Code and Air Astana's code treat nine years as a factor to explain, while four other texts remove independence at six, nine or 12 years.

    Small Print4 min read

  5. Saudi regulator tightens audit rules, giving audit committees its findings

    Registered firms have 10 days to pass final inspection results to audit committees and four months after year-end to publish a transparency report.

    Small Print3 min read

  6. Air Astana publishes amended governance code after shareholder vote

    The announcement names no changed provisions, while the published code lets a non-independent chair lead the board if the company reports the departure.

    Small Print4 min read

  7. Explainer

    Türkiye's fund investigation rests on a specific article for each step

    The legal texts set outer limits of six months for fund liquidations and forced sales of factoring stakes, and two years for each trading ban.

    Small Print4 min read

  8. Analysis

    Courts and a regulator took control of Destek and PKP Cargo from boards

    Control moved in eight days by three legal routes, and the filings show what is left to directors and minority holders.

    Small Print3 min read

  9. Explainer

    What the AIFC rules require of a board, part 1: the duties every director owes

    The AIFC Companies Regulations set who may sit on a board, how directors are chosen and seven duties the articles cannot weaken.

    Small Print3 min read

  10. Halyk Bank shareholders back Islamic banking licence bid and sharia council

    An absentee vote on 25 September created a three-member Islamic Financing Principles Council, changed the charter and appointed Ernst & Young as auditor.

    Minute Book3 min read

  11. Turkish regulator adds a third Tera trading ban as the group's directors resign

    The Capital Markets Board has suspended Tera's brokerage, dropped its TRY 50bn share sale plan and barred it and its fund arm from trading three stocks.

    Minute Book4 min read