The Board of Statutory Auditors is nominated by the Shareholders Meeting on the basis of slates presented by shareholders who, individually or together with others, represent at least 2.5% of company capital. The current Board of Statutory Auditors was appointed on 30 April 2020, and will remain in office until the approval of the 2022 financial statements. In its capacity as “Committee for internal audit and accounting audit”, the Board of Statutory Auditors also carries out of the supervisory activities as set down by art. 788744. Stefano Sarubbi Chairman. The Board of Statutory Auditors currently in office was appointed during the Shareholders’ Meeting held on 1 June 2018. Statutory auditor Luigi Soprano. Auditor of Amplifon since 2012, elected from the majority list. The Board of Statutory Auditors carries out its duties by exercising all of the powers conferred upon it by law and, since it can rely on a constant and analytical information flow from the Company, during and beyond the regular meetings of the Board of Directors and its Committees. Define Board of Statutory Auditors. Under the law provisions, the Board of Statutory Auditors meets at least every ninety days and as frequently as necessary to perform its duties. Corporate capital: 2.191.384.693 € fully paid-up - Taxpayer’s code and VAT number: 00825790157 - Economic and Administrative Business - Register Milan no. During the periodic exchange of data and information between the Board of Statutory Auditors and the Auditors, among other things under art. The Board of Statutory Auditors consists of three permanent and two substitute auditors. The Board of Statutory Auditors is responsible for ensuring compliance with the law and the Bylaws, as well as with the principles of proper administration in carrying out company activities; it is responsible for verifying adequacy of the organisational structure, of the internal auditing system and of the company’s administrative accounts system * Submitted by a group of SGRs and institutional investors. Linguee . 9. They are accompanied by the professional CV of each candidate. An Audit Firm is a firm that is approved to carry out Statutory Audits. The Board of Statutory Auditors meets jointly with the Risk Control and Sustainability Committee for the issues of common interest under discussion. Francesco Fallacara * Standing Members. The statutory auditors remain in office for 3 financial years and may be re-elected. Statutory Auditors: The Board of Statutory Auditors met eleven times over the course of 2018 and at least five meetings are scheduled for 2019.Â, Interim Financial Report as at 30 September 2017, Internal Audit and Risk Management System, Risk Control and Sustainability Committee. Elenio Bidoggia Franca Brusco * Giovanna Oddo Appointment: 15 May, 2018. The lists can be presented by shareholders who either alone or collectively hold voting rights equivalent to at least 1% of the entire share capital, as established annually by CONSOB with a specific provision. The Shareholders' Meeting elects the Board of Statutory Auditors and decides on their compensation. 39/2010. Francesca Michela Maurelli, elected from the minority list. The current Board of Statutory Auditors was appointed by the Issuer's ordinary general meeting on June 9, 2020 and is expected to remain in office until the approval of the financial statements for the year ending 31 December 2022. Blog Press Information. The Board of Statutory Auditors monitors compliance with legislation, internal regulations and with principles of proper administration. Company with Board of Statutory Auditors Overview. Each member of the Board of Statutory Auditors is requested to have the same independents qualifications set for independent directors. This model aims to ensure appropriate managerial decision-making and business implementation in order to establish a corporate governance framework with sufficient organizational checking … compliance with the law and Articles of Association; the adequacy of the Company’s organisational structure within each area of competence, of the Internal Control and Risk Management System, and the administrative/accounting system, as well as the reliability of the latter to provide a fair reflection of business operations; the implementation of corporate governance regulations contained in the Corporate Governance Code issued by Borsa Italiana to which the Company adheres; the adequacy of directions given by the Company to its subsidiaries. Our Board of Statutory Auditors consists of five permanent Auditors and four substitute Auditors. 150, sub-paragraph 3 of Legislative Decree no. With a Bachelor's degree in Economics and Business from the L. Bocconi University, she has been registered as a chartered accountant in Milan since 1990 and in the Register of Legal Auditors since 1995. 58/1998, no issues have come up that would need to be disclosed in this report. The lists are deposited at the company headquarters at least 25 days before the date of the Shareholders’ Meeting on the first or single call and published on the corporate website www.saipem.com. The statutory auditors remain in office for 3 financial years and may be re-elected. A Statutory Auditor is a person approved to carry out the audit of annual accounts or consolidated accounts. Whatever the reasons be, the auditors should mention the same in their resignation letter. Board of Statutory Auditors . The Board of Statutory Auditors is the body to which management control powers are attributed by law. Patrick Artus, Chairman of the Audit Committee said: " In order to ensure that the high-quality audit of the Group is maintained through the implementation of a tailored transition plan between the former and new board of statutory auditors, the Audit Committee of TOTAL SE has decided to proceed, as from 2020, with the selection of the new board of statutory auditors whose terms will start … Composition of the Board of Statutory Auditors. The Board of Statutory Auditors is tasked with monitoring compliance with the law and the memorandum of association, proper management of the Company and the appropriateness of the internal control system. With a first-class honours degree in Economics and Business from Bocconi University, she has been registered as a chartered accountant in Milan since 1996, on the Register of Legal Auditors since 1999, as well as the Register of Technical Consultants to the Court of Milan, the Register of Insolvency Practitioners of the Court of Milan and the Register of Accountants of Local Authorities. The entire Board of Statutory Auditors was appointed on the basis of the only list submitted to the Shareholders’ Meeting, presented by the majority shareholder, i.e. Download CV. The Board of Statutory Auditors is composed of 3 statutory auditors and 2 alternate auditors, appointed on 29 April 2020 by the Shareholders’ Meeting. Shinsei Bank has established a corporate governance framework as a "Company with an Audit & Supervisory Board" ( kansayakukai-setchi-gaisha ). The Meeting appoints seven Statutory Auditors, comprising five serving members, including the Chairman, and two alternate members. Our Board of Statutory Auditors goes beyond the standards on gender balance set by the Golfo-Mosca Law: two thirds of them are women. The Board of Statutory Auditors interacts continuously with other participants in the Internal Audit and Risk Management System. To consult the full Cookie Policy or decline, at a later date, your consent to the cookies used by the website, click here. At present, the Autogrill Board of Auditors has 3 regular auditors and 2 alternate auditors and will remain in office until the date of the Shareholders' Meeting held to approve the financial statements for fiscal year 2019. The Board of Statutory Auditors held 8 meetings during the financial year and the percentage attendance of the Auditors was higher than 90% (the reader is referred to the table for a detailed representation of the attendance of the individual members of the Board of Statutory Auditors in the meetings held during the financial year). As set down by legislation, by our Articles of Association and by the Corporate Governance Code for Listed Companies, statutory auditors must meet specific requirements of integrity, professionalism and independence. The Board of Statutory Auditors currently consists of the following members: Enrico Ciai. Composition and Requirements. The appointment of the Board of Statutory Auditors takes place on the basis of lists submitted by shareholders and/or groups of shareholders who collectively hold shares with voting rights representing at least 1% of the share capital or the different measure established annually by CONSOB.Â. Marco Rigotti. 162 of March 30, 2000, as specified by art. 2403 of the Italian Civil Code and the rules governing banking activity. The Board of Statutory Auditors supervises compliance with the law, the by-laws and with proper management principles The current Board of Statutory Auditors was elected at the Shareholders' Meeting held on April 19, 2018 and shall remain in office until the Shareholders' Meeting approving the financial statements for the fiscal year ending on December 31, 2020. Board of Statutory Auditors. The Board of Statutory Auditors, in its annual Report to the Shareholders' Meeting (contained in the financial statements documents), shall highlight the complaints and notifications received, together with the results of the consequent checks. Expiry: Shareholders’ Meeting called to approve the financial statements at 31 December 2020. The Board of Statutory Auditors is responsible for ensuring compliance with the laws and for the effective administration and adequacy of the company's organizational and accounting structure Based on the provisions set forth in the company's Articles of Association, the Board of Statutory Auditors is composed of 3 statutory auditors and 3 alternate auditors , respecting a gender balance. It also takes part in the meetings of the Remuneration and Appointments Committee and coordinates, through information exchange, with the Group Risk & Compliance Officer, Head of Internal Audit and with the Supervisory Board. services, hereby communicates the calendar of corporate events for 2018. The Board of Statutory Auditors comprises three Standing Auditors and two Alternate Auditors. Minority shareholders have the right to elect a Statutory Auditor and an Alternate Auditor. Copyright © 2021 Saipem - All rights reserved, Saipem launches the new brand campaign “Dear future”, Saipem joins the Christmas initiative of the Municipality of Milan and lights up the Tree of the Future. The current Board of Statutory Auditors was elected by shareholders of 2 April 2019 to stand until the 2022 shareholders’ meeting to approve 2021 financial statements. The Board of Statutory Auditors verifies, in particular, the effectiveness and adequate coordination of all functions and structures involved in the Internal Control System, including the auditing firm in charge of the Bank's legal audit, the correct discharge of their duties and, if applicable, suggesting the appropriate remedial measures. The … The Board of Auditors is elected by the Shareholders' Meeting, which decides on remuneration criteria with a list voting system. The auditors are in office for three terms and can be re-elected. The Board of Statutory Auditors is responsible for ensuring compliance with the law and the Bylaws, as well as with the principles of proper administration in carrying out company activities; it is responsible for verifying adequacy of the organisational structure, of the internal auditing system and of the company’s administrative accounts system Cascades Inc. The Board of Statutory Auditors is composed of the following six members: Recognised Supervisory Bodies (RSB) - holds contact details for all RSBs and details of firms registered by them The Board of Statutory Auditors is nominated by the Shareholders Meeting on the basis of slates presented by shareholders who, individually or together with others, represent at least 2.5% of company capital. Translator. RESOLVED THAT pursuant to provisions of Section 139, 142 and other applicable provisions of the Companies Act, 2013, if any, read with the Companies (Audit & Auditors) Rules, 2014, including any statutory enactment or modification thereof, Mr. Name of person, Chartered Accountant, (Firm Registration No. She is a licensed certified public accountant registered in Milan and is registered in the Register of Legal Auditors no. The Board of Statutory Auditors, among the tasks allocated to it by law, checks on the correct application of the criteria and procedures used by the Board of Directors to evaluate the independence of its members; the result of this check is disclosed annually to the market in the Corporate Governance Report or in the Statutory Auditors’ report to the Shareholders’ Meeting.