Director and Board Liability Assessment
The Kingdom of Saudi Arabia
for SAMA and CMA Regulated Boards

We provide 7 levels of Reports for the Board Service Offering (“Board Reports Provided”):

1. Category Reports:

The Category Reports take to account all Liability Items within a specific Category, which we reflect within a Liability Results Table, that includes individual Liability Assessment reporting item metrics and the Category’s total metrics.

Additionally, we reflect an associated Heat Map Graphic of all Liability Items within the Category.

2. Section Reports:

The Section Reports take to account all Liability Items within a Category’s Sub-section, which we reflect within a Liability Results Table, that includes that Sub-section’s individual Liability Assessment reporting item metrics and the  Category’s Sub-section total metrics.

Additionally, we reflect an associated Heat Map Graphic of all Liability Items within the Category Sub-section.

3. Special Reports:

Special Reports reflect specific areas of focus, whether combining across Category/Sub-sections, to highlight business aspects, governing body, corporate governance, standards, management or other aspects of importance.

4. SAMA/CMA Reports:

These reports summarise at a line summary level the results in direct relation to their originating and respective SAMA/CMA Corporate Governance Framework reference, to enable correct identification of both the Liability item and its SAMA/CMA regulatory reference, and therefore results positioning and downstream work by SAMA/CMA regulatory reference.

5. Detailed Analysis Reports:

These reports summarise at an individual Liability Item level, all details pertaining to that item, including separate Evident and Effective Voting Spreads and Standard Deviations, together with a summary comparison analysis of the rating of the individual Liability Item, relative to the Average Category Statistics, the Liability Item narrative and individual Heat Map Graph.

6. Compliance Statement Reports:

These reports summarise those identified SAMA/CMA Personal Director Liability requirements mandated within the respective Corporate Governance Frameworks from each Regulator, averaged across all Directors for the Board and Chairman’s signature, with the equivalent Directors Compliance Statement reflecting respective Director scorings for their individual signatures.

Note: The 1. Category; 2. Section; 3. Special; and 4. SAMA/CMA; Reports for the Board reflect: A. The Board’s name; B. The average scoring submissions of all participating Directors. Report illustrations are not replicated here but may be viewed under the “Directors Reports Provided” Section, with these differences in mind.

7. Action Plan Reports:

These reports summarise, for selected and agreed upon Liability Items, their summary headline metrics, together with the Action Plans Components developed to address each item, including assessment of: Item Options or Steps for Remediation; Improvement Cost Estimate; Improvement Effectiveness; Improvement Benefit Analysis; Responsibility for Implementation; Timetable for Implementation; Responsible for Monitoring; Control Priority; as a basis for taking appropriate action.