Page 22 - Demo

22 Gibraltar International www.gibraltarinternational.comAccording to PwC%u2019s 2024 Global Investor Survey, %u201cinvestors cite corporate governance as the most important (including oversight, risk management, control and ethics) to their valuations of companies.%u201d The survey further found that %u201cabout two-thirds of investors trust management boards to make decisions for the long term [and] 86% of investors agree that the agility of a company to manage through a crisis is an important factor in their investment decision-making.%u201dCodes of ConductIn Gibraltar%u2019s dynamic funds landscape, robust corporate governance for fund directors is a strategic imperative upon which investor confidence is built, risks are mitigated, and long-term value is created. Recognising this importance, GFIA published a Corporate Governance Code for Gibraltar Collective Investment Schemes in 2013 followed by an addendum Corporate Governance Code for Gibraltar Crypto Funds in 2018- the first of its kind in the world- the second edition of which was published in 2022. These Codes of Conduct have been endorsed by the Gibraltar Government and the Gibraltar Financial Services Commission and follow the %u201ccomply or explain%u201d principle.Effective corporate governance is about cultivating a culture of accountability and transparency across every aspect of a fund%u2019s operations. In today%u2019s highly competitive industry, this acts as a differentiator, attracting discerning investors who prioritise trust, ethical conduct and responsible oversight. For Gibraltar-based funds, a commitment to these best practices strengthens the jurisdiction%u2019s standing as a reputable financial center, including in the innovative crypto funds space.There are several key principles that form a strategic approach to corporate governance:FundsCorporate governance best practices for fund directorsBy James Lasry, Deputy Chairman, GFIA and Miriam Bayles, HassansInternational Law FirmContinued p24