Integrity Council
CORPRT's recommendation for board work in SMEs is intended to raise the level of competence and professionalism in Norwegian small and medium-sized enterprises, as outlined in value proposition #3. To ensure that the recommendation achieves widespread recognition and practical application, it is crucial to anchor it with key agencies and players in the business community.
The CORPRT ThinkTank distinguishes between professional and political issues. The Integrity Council collaborates with the Framework Forum, which summarises CORPRT's annual recommendations to the authorities.
PURPOSE
1) The primary purpose of the Integrity Council is to strengthen the legitimacy and dissemination of the recommendations so that they are regarded as an essential voice and premise for board work in SMEs.
2) The council strengthens legal certainty, role understanding, and responsible corporate governance in Norwegian boards by coordinating the recommendation, certification, and contact with the authorities.
MANDATE
The purpose can be divided into four tasks:
1) Strategic Anchoring
Identify and establish national and international anchoring and dialogue with key players and institutions that can contribute to recognizing, prioritizing, and integrating CORPRT's recommendations for board work in SMEs in their respective domains, including relevant government agencies, industry organizations, regulatory authorities, professional associations, such as the Norwegian Institute of Public Accountants, the Norwegian Bar Association, the Oslo Stock Exchange, SMB-Norge, the Norwegian Association of Board Members, academic research institutions (NHH, Kristiania, etc.), Regnskap Norge, employer organizations (NHO, Virke, etc.) and unions (LO, YS, etc.), as well as other influential actors.
2) Collaboration and Implementation
Explore and initiate a wide range of collaborations to promote the use of the recommendation. Furthermore, manage and disseminate input to expert groups through dialogue with external parties to ensure the recommendation is timely, relevant, and meets the needs of key stakeholders.
3) Quality assurance of CORPRT's recommendation and certification scheme
Review legal aspects of CORPRT's recommendation and associated certification scheme.
4) Consultation body for authorities and social actors
Act as a legal expert and advisor to public authorities and legislative bodies, and on behalf of CORPRT provide input in formal consultation processes on changes to laws and regulations that affect boards and corporate governance.
Composition
The council possesses the necessary expertise to fulfill its purpose and mandate in the most effective and professionally sound manner possible. The council should, as a minimum, include experts with specific knowledge in company law, board work, administrative law, compliance, and accounting/auditing. Members are appointed by CORPRT's board and participate voluntarily.
Working methods
The council meets twice a year, as well as ad hoc when necessary.
The CORPRT ThinkTank distinguishes between professional and political issues. The Integrity Council collaborates with the Framework Forum, which summarises CORPRT's annual recommendations to the authorities.
PURPOSE
1) The primary purpose of the Integrity Council is to strengthen the legitimacy and dissemination of the recommendations so that they are regarded as an essential voice and premise for board work in SMEs.
2) The council strengthens legal certainty, role understanding, and responsible corporate governance in Norwegian boards by coordinating the recommendation, certification, and contact with the authorities.
MANDATE
The purpose can be divided into four tasks:
1) Strategic Anchoring
Identify and establish national and international anchoring and dialogue with key players and institutions that can contribute to recognizing, prioritizing, and integrating CORPRT's recommendations for board work in SMEs in their respective domains, including relevant government agencies, industry organizations, regulatory authorities, professional associations, such as the Norwegian Institute of Public Accountants, the Norwegian Bar Association, the Oslo Stock Exchange, SMB-Norge, the Norwegian Association of Board Members, academic research institutions (NHH, Kristiania, etc.), Regnskap Norge, employer organizations (NHO, Virke, etc.) and unions (LO, YS, etc.), as well as other influential actors.
2) Collaboration and Implementation
Explore and initiate a wide range of collaborations to promote the use of the recommendation. Furthermore, manage and disseminate input to expert groups through dialogue with external parties to ensure the recommendation is timely, relevant, and meets the needs of key stakeholders.
3) Quality assurance of CORPRT's recommendation and certification scheme
Review legal aspects of CORPRT's recommendation and associated certification scheme.
4) Consultation body for authorities and social actors
Act as a legal expert and advisor to public authorities and legislative bodies, and on behalf of CORPRT provide input in formal consultation processes on changes to laws and regulations that affect boards and corporate governance.
Composition
The council possesses the necessary expertise to fulfill its purpose and mandate in the most effective and professionally sound manner possible. The council should, as a minimum, include experts with specific knowledge in company law, board work, administrative law, compliance, and accounting/auditing. Members are appointed by CORPRT's board and participate voluntarily.
Working methods
The council meets twice a year, as well as ad hoc when necessary.
Leder: Siri Fjeld-Nielsen
