Insider administration
Insider administration is organised according to the applicable European Union and local laws and regulations. The Board has also approved groupwide rules to facilitate employees compliance with the applicable rules and to ensure that inside information is identified as such and treated appropriately.
The Company has identified members of the Board and GLT as well as the Chief Audit Executive as persons discharging managerial responsibilities (as defined in the EU Market Abuse Regulation No 596/2014 (MAR)) who, along with persons closely associated with them, are required to notify the Company and the relevant financial supervisory authority of their transactions in the financial instruments issued by Nordea. The Company publishes such transactions through stock exchange releases.
Internal control and risk management
The systems for internal control and risk management of financial reporting are designed to provide reasonable assurance about the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles, applicable laws and regulations, and other requirements for listed companies. The internal control and risk management activities are included in Nordea’s planning and resource allocation processes. Internal control and risk management of financial reporting at Nordea can be described in accordance with the COSO Framework as follows below.
The control environment constitutes the basis for Nordea’s internal control and centres around the culture and values established by the Board and Group Leadership Team, and the organisational structure, with clear roles and responsibilities.
Board committees
In accordance with the external framework and in order to increase the effectiveness of the Board work, the Board has established separate working committees to assist the Board in preparing matters, belonging to the competence of the Board and to decide in matters delegated by the Board. The duties of the Board Committees, as well as working procedures, are defined in the Committee Charters. In general, the Board Committees do not have autonomous decision-making powers and each Board Committee regularly reports on its work to the Board.
The Board has four Committees: the Board Audit Committee (BAC), the Board Risk Committee (BRIC), the Board Remuneration and People Committee (BRPC) and the Board Operations and Sustainability Committee (BOSC).
Precision Proco Switches to Eco Ranges from CMYUK Newly established print group is introducing sustainable practice across all areas of business May 10, 2021
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L to R: Anita Urbanowska, Bradley Bradshaw, large-format print operators Carl Jackson, large format manager Precision Proco
Precision Proco has switched to UFabrik Eco materials from CMYUK. This range is made from yarn that has been manufactured from the waste of single-use PET plastics and is 100 percent recyclable. The UFabrik Eco range offers solutions for frontlit/backlit, blockout, wallcoverings including single piece, and staple wrap-around frames.
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LAS VEGAS, May 4, 2021 /PRNewswire/ Premier Development & Investment, Inc. (OTC: PDIV) ( The Company or Premier ) confirms that it has just filed its First Quarter Report to March 31, 2021. These were filed inclusive of the voluminous OTC Markets Disclosure Statements .
Your Company recorded a profit of $17,923,807 equating to Earning per Share ( EPS ) of $0.072 for this Quarter. Our Stockholder Equity increased to $17,228,234. However we wish to point out that our EBITDA for this Quarter was ($76,193).
On January 1, 2018, we adopted Accounting Standards Update ( ASU ) 2016-01 Financial Instruments Recognition and Measurement of Financial Assets and Financial Liabilities, Prior year financial statements were not restated.