RIAS A/S aims to meet the high standard within Corporate Governance. The management in RIAS A/S continuously deals with the development on this area, hereunder the development in legislation, recommendations and best practice.
The Board of Directors in RIAS A/S continuously deals with “Recommendations for Corporate Governance” implemented by NASDAQ Copenhagen. Some of the recommendations have been complied, but there are some which the Board of Directors has chosen not to follow. With reference to a “comply or explain” principle NASDAQ Copenhagen has stated that it is not crucial if a company choose to comply the recommendations or choose to explain why the recommendations is not complied.
For further information is available in the statutory annual corporate governance statement, cf. Section 107b of the Danish Financial Statements Act covering the financial period October 1 to September 30.
For information about the company’s management structure is contained in the statement on corporate governance being part of the annual report.