Maintaining high standards of corporate governance is critically important to every business. This has been highlighted by a number of events which have achieved public notoriety in recent years and this in turn has emphasised the importance of the role of the company secretary.
Every company from the smallest to the largest has a range of obligations which must be met. Statutory registers have to be maintained, they must comply with filing obligations under the Companies Acts, changes of directors have to be notified, all have to be recorded and with relevant board decisions minuted.
These duties will often be looked at by the company secretary. However, the increasing burden and complexity of the legislation and regulatory framework governing companies coupled with associated costs means many organisations are choosing to outsource this vitally important function.
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