Corporate Governance Statement

Corporate Governance


We believe that corporate governance entails a careful balance between the short-term and long-term interests of the company. Financial Solutions' aim is to have a transparent governance structure looks after the interests of all its stakeholders: shareholders, brokers, employees and our community.


Financial Solutions Corporate Governance Statement is reflected within these Principles:


Principle 1 - Lay solid foundations for management and oversight

Establish and disclose the respective roles and responsibilities of board and management.


Principle 2 - Structure the board to add value

Have a board of an effective composition, size and commitment to adequately discharge its responsibilities and duties.


Principle 3 - Promote ethical and responsible decision making

Actively promote ethical and responsible decision making.


Principle 4 - Safeguard integrity in financial reporting

Have a structure to independently verify and safeguard the integrity of financial reporting.


Principle 5 - Make timely and balanced disclosure

Promote timely and balanced disclosure of all material matters concerning the company.


Principle 6 - Respect the rights of stakeholders

Respect the rights of stakeholders and facilitate the effective exercise of those rights


Principle 7 - Recognise and manage risk

Establish a sound system of risk oversight and management and internal control.


Principle 8 - Remunerate fairly and responsibly

Ensure that the level and composition of remuneration is sufficient and reasonable and that its relationship to performance is clear


Principle 9 - Recognise the relationship with suppliers                            

Recognise the role of suppliers and ensure an open relationship with them.