The Board reports annually in the Annual Report and Accounts on its compliance with the requirements of the 2018 UK Corporate Governance Code published by the Financial Reporting Council (the “Code”), which can be found at www.frc.org.uk. Sirius is not subject to the Code of Corporate Governance in Guernsey, and enjoys a dispensation from the Johannesburg Stock Exchange not to apply the King IV Code on Corporate Governance subject to meeting certain conditions.
The Board has established a number of committees, for each of which terms of reference are reviewed annually in the light of updated practice, the Code and relevant guidance:
Sustainability and Ethics Committee
We have adopted policies and procedures to comply with the Market Abuse Regulation, including a code of securities dealings (“Dealing Code”) in relation to the Company’s Ordinary Shares. The Dealing Code applies to the Directors and other relevant Sirius colleagues.
More information on our governance arrangements can be found in the Annual Report and Accounts.
Our published policies relating to how the Sirius business operates can be found under: Policies
Cyber Security and Resilience
Sirius Real Estate has been awarded the Cyber Essentials Certification.
Sirius prioritises cyber security and resilience with representation at board level. There is a comprehensive Information Security Management System (ISMS) in place supported by our Information Security policies. These policies are enforced by a set of security controls which maps to the UK Government’s Cyber Essentials scheme and complies with the UK Government Cyber Security Centre (NCSC) guidance and best practices.
Cyber security at Sirius provides data confidentiality and integrity with a resilient cyber infrastructure. Compliance with both EU and UK versions of GDPR is also constantly reviewed and assured. We are continuously assessing our risks and working to mitigate current and emerging threats. Risk and vulnerability management lifecycles are integrated into our cyber practises. External supply chain risks are carefully managed and mitigated. Cyber awareness training is constant for all Sirius employees including the Sirius senior management team.