Although we recognize that financial markets are probably the least sustainable institutions around, we address sustainability as a main criterion in our decision-making process. We try to balance today’s gains with the future prosperity of all our stakeholders.

Role of the Board of BELKIN CAPITAL

The Board of BELKIN CAPITAL™ is responsible for creating and delivering sustainable shareholder value through innovation and managing business processes. Therefore, it determines the company’s strategic objectives and policies to deliver long-term values, and provide an overall strategic direction within a framework of rewards, incentives and controls. The Board of BELKIN CAPITAL™ ensures that the management achieves an appropriate balance between promoting long-term growth and delivering short-term objectives. The directors of BELKIN CAPITAL™ act in a way they consider, in good faith, to promote the success of the company for the benefit of the shareholders as a whole and, in doing so have a regard for (amongst other matters):

  1. The likely consequences of any decision in the long-term;
  2. The interests of BELKIN CAPITAL™ employees;
  3. The need to foster BELKIN CAPITAL™ business relationships with suppliers, members and others;
  4. The impact of BELKIN CAPITAL™ operations on the community and the environment;
  5. The desirability of BELKIN CAPITAL™ to maintain a reputation for high standards of business conduct and;
  6. The need to act fairly between the shareholders of BELKIN CAPITAL™.

The Board of BELKIN CAPITAL™ also ensures that the management maintains a system of internal control which provides the assurance of effective and efficient operations, internal financial controls, and compliance with the law and regulators. In addition, the Board ensures that the management maintains an effective risk management and oversight process at the highest level across the company.

In carrying out these responsibilities, the Board has a regard as to what is appropriate for the company’s business and reputation, the materiality of finances and other risks inherent in the business and the relative costs and benefits of implementing specific controls.

Powers of the Board of BELKIN CAPITAL

The Board of BELKIN CAPITAL™ is also the decision-making body for all other significant matters of importance to the company as a whole, because of the strategic, financial or reputation implications or consequences of the actions of BELKIN CAPITAL™.

The Board acts in accordance with its powers, and Directors must:

  1. Act in accordance with the company’s constitution, and;
  2. Only exercise powers for the purposes which they are conferred.

Powers reserved to the Board include:

  1. Approval of the company’s strategy, interim and full year financial statements;
  2. Conducting significant changes in accounting policy and practice;
  3. Appointment or removal of Directors or the Company Secretary;
  4. Addressing conflicts of interest, and;
  5. Implementing changes to the BELKIN CAPITAL™ structure and major acquisitions, mergers, disposals or capital expenditure.