Introduction to Regulatory Governance

Regulatory governance ensures that organizations comply with legal and industry-specific requirements. In Sierra Leone, key areas of focus include:

  • Legal Frameworks: Adhering to the Companies Act 2009 and other relevant laws.

  • Compliance Standards: Following Anti-Money Laundering and Combating Financing of Terrorism (AML/CFT) guidelines.

  • Ethical Practices: Promoting transparency, accountability, and ethical decision-making.

Effective regulatory governance reduces risks, enhances organizational reputation, and builds stakeholder trust. Board members play a critical role in monitoring compliance and fostering a culture of accountability.