Compliance & Risk Management Committee Charter. (Amended and Restated as of March 8, 2017)

Similar documents
HP INC. BOARD OF DIRECTORS NOMINATING, GOVERNANCE AND SOCIAL RESPONSIBILITY COMMITTEE CHARTER

HP INC. BOARD OF DIRECTORS NOMINATING, GOVERNANCE AND SOCIAL RESPONSIBILITY COMMITTEE CHARTER

CoreLogic, Inc. AUDIT COMMITTEE CHARTER

RISK COMMITTEE SLM CORPORATION AND SALLIE MAE BANK CHARTER

HCA HEALTHCARE, INC. AUDIT AND COMPLIANCE COMMITTEE CHARTER

NOMINATING AND CORPORATE GOVERNANCE COMMITTEE

COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION

SCHWEITZER-MAUDUIT INTERNATIONAL, INC. AUDIT COMMITTEE CHARTER. Amended and restated as of March 1, 2018

FIRST REPUBLIC BANK DIRECTORS ENTERPRISE RISK MANAGEMENT COMMITTEE CHARTER

FRANKLIN RESOURCES, INC. AUDIT COMMITTEE CHARTER. 1. Purpose. The purpose of the Audit Committee (the Committee ) is to:

PINNACLE FOODS INC. AUDIT COMMITTEE OF THE BOARD OF DIRECTORS CHARTER

HORIZON PHARMA PUBLIC LIMITED COMPANY CHARTER OF THE NOMINATING AND CORPORATE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS

AUDIT COMMITTEE CHARTER As Amended and Restated by the Board of Directors November 7, 2013

CBS CORPORATION AUDIT COMMITTEE CHARTER

COMPLIANCE COMMITTEE OF SALLIE MAE BANK CHARTER

CoreLogic, Inc. NOMINATING AND CORPORATE GOVERNANCE COMMITTEE CHARTER

LIVEPERSON, INC. NOMINATING AND CORPORATE GOVERNANCE COMMITTEE CHARTER. oversee the evaluation of Board members.

Envestnet, Inc. Compliance and Information Security Committee Charter. (Last Amended by the Board of Directors April 25, 2018)

NATIONWIDE MUTUAL INSURANCE COMPANY NATIONWIDE MUTUAL FIRE INSURANCE COMPANY NATIONWIDE CORPORATION CHARTER OF THE AUDIT COMMITTEES

VALEANT PHARMACEUTICALS INTERNATIONAL, INC.

PLANET FITNESS, INC. AUDIT COMMITTEE CHARTER

BARRICK GOLD CORPORATION. Corporate Governance & Nominating Committee Mandate

ADMA BIOLOGICS, INC. BOARD OF DIRECTORS GOVERNANCE AND NOMINATIONS COMMITTEE CHARTER

CHARTER OF THE NOMINATING AND GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS OF MEI PHARMA, INC.

TEEKAY TANKERS LTD. AUDIT COMMITTEE CHARTER

AMERICAN ELECTRIC POWER COMPANY, INC. COMMITTEE ON DIRECTORS AND CORPORATE GOVERNANCE CHARTER Amended as of December 6, 2016

TEEKAY CORPORATION NOMINATING AND GOVERNANCE COMMITTEE CHARTER

EYEPOINT PHARMACEUTICALS, INC. GOVERNANCE AND NOMINATING COMMITTEE CHARTER

Coca-Cola European Partners plc Audit Committee Terms of Reference

FAIRFAX FINANCIAL HOLDINGS LIMITED AUDIT COMMITTEE CHARTER

CME GROUP INC. CHICAGO MERCANTILE EXCHANGE INC. BOARD OF TRADE OF THE CITY OF CHICAGO, INC. NEW YORK MERCANTILE EXCHANGE, INC.

ALIBABA GROUP HOLDING LIMITED AUDIT COMMITTEE OF THE BOARD OF DIRECTORS CHARTER. (Adopted on September 2, 2014 by the Board of Directors)

INVESCO LTD. AUDIT COMMITTEE CHARTER

FIRST REPUBLIC BANK DIRECTORS ENTERPRISE RISK MANAGEMENT COMMITTEE CHARTER

UNITED NATURAL FOODS, INC. AMENDED AND RESTATED CHARTER OF THE NOMINATING AND GOVERNANCE COMMITTEE Adopted: October 17, 2018

EP ENERGY CORPORATION GOVERNANCE AND NOMINATING COMMITTEE CHARTER. December 10, 2015

NEWFIELD EXPLORATION COMPANY CHARTER. Amended and Restated Effective as of August 10, 2016

AUDIT COMMITTEE CHARTER

NOMINATING AND CORPORATE GOVERNANCE COMMITTEE CHARTER of the Nominating and Corporate Governance Committee of Ellie Mae, Inc.

AUDIT COMMITTEE CHARTER of the Audit Committee of ACCURAY INCORPORATED. (As amended and restated by the Board of Directors effective July 1, 2016)

Charter Audit and Finance Committee Time Warner Inc.

AUDIT COMMITTEE SLM CORPORATION AND SALLIE MAE BANK CHARTER

AVAYA HOLDINGS CORP. AUDIT COMMITTEE CHARTER. 1. Organization

CHARTER OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF THE FEDERAL HOME LOAN MORTGAGE CORPORATION. Effective April 4, 2018

CHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF THE FEDERAL HOME LOAN MORTGAGE CORPORATION. Effective July 24, 2017

NOMINATING AND CORPORATE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS CHARTER

AUDIT COMMITTEE CHARTER

Charter Nominating and Corporate Governance Committee Mastercard Incorporated

WIDEOPENWEST, INC. CORPORATE GOVERNANCE GUIDELINES

ACCENTURE PLC NOMINATING & GOVERNANCE COMMITTEE CHARTER

Aptiv PLC. Audit Committee Charter

THE HARTFORD FINANCIAL SERVICES GROUP, INC. AUDIT COMMITTEE CHARTER

AUDIT COMMITTEE CHARTER

BLACK KNIGHT, INC. Audit Committee Charter

Norwegian Cruise Line Holdings Ltd. Audit Committee Charter

THE PNC FINANCIAL SERVICES GROUP, INC. PNC BANK, NATIONAL ASSOCIATION BOARDS OF DIRECTORS NOMINATING AND GOVERNANCE COMMITTEE CHARTER

REGIONS FINANCIAL CORPORATION REGIONS BANK RISK COMMITTEE CHARTER

CHARTER of the AUDIT COMMITTEE of DOVER CORPORATION

THE HARTFORD FINANCIAL SERVICES GROUP, INC. AUDIT COMMITTEE CHARTER

AFFIRMATIVE INSURANCE HOLDINGS, INC. CHARTER OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS

CHARTER OF THE NOMINATING AND GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS OF KLA-TENCOR CORPORATION. As amended on November 2, 2016

CHARTER of the AUDIT COMMITTEE of APERGY CORPORATION

CVS HEALTH CORPORATION A Delaware corporation (the Company ) Nominating and Corporate Governance Committee Charter Amended as of January 24, 2019

AUDIT COMMITTEE CHARTER [Approved by the Audit Committee on May 2, 2011] [Voted by the Board of Trustees on November 17, 2011]

THE OPTIONS CLEARING CORPORATION RISK COMMITTEE CHARTER 1

BANK7 CORP. NOMINATING AND CORPORATE GOVERNANCE RESOLUTIONS. As adopted by the Board on September 5, 2018

PURPOSE OF THE COMMITTEE COMPOSITION OF THE COMMITTEE

AERIE PHARMACEUTICALS, INC. CHARTER OF THE NOMINATING AND CORPORATE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS. (Last Revised: October 24, 2013)

FITBIT, INC. CHARTER OF THE NOMINATING AND GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS. As adopted May 1, 2015

Nominating and Corporate Governance Committee Charter. Fly Leasing Limited

INDEPENDENCE HOLDING COMPANY CHARTER OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS

HARSCO CORPORATION (the Corporation ) NOMINATING AND CORPORATE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS

GRUBHUB INC. COMPENSATION COMMITTEE CHARTER. Adopted February 26, 2014

HNI CORPORATION PUBLIC POLICY AND CORPORATE GOVERNANCE COMMITTEE CHARTER

Audit Committee Charter Tyson Foods, Inc.

CREE, INC. Audit Committee Charter. The Audit Committee (the Committee ) is a standing committee of the Board of Directors appointed:

EXPRESS SCRIPTS HOLDING COMPANY AUDIT COMMITTEE CHARTER. Adopted December 14, 2011, as amended as of September 7, 2016

CITIZENS ENERGY GROUP COMMITTEE CHARTERS

CARA OPERATIONS LIMITED AUDIT COMMITTEE CHARTER

FLIR SYSTEMS, INC. CHARTER OF THE CORPORATE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS (Amended & Restated as of July 23, 2015) Purpose:

AUDIT COMMITTEE CHARTER

Direct Line Insurance Group plc (the Company ) Audit Committee (the Committee ) Terms of Reference

Nominating and Corporate Governance Committee Charter

Austin Peay State University Audit Committee Charter

FIRST COAST HEALTH ALLIANCE, LLC CHARTER AUDIT AND FINANCE COMMITTEE

CHARTER OF THE NOMINATING AND GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS OF SILVER SPRING NETWORKS, INC.

ADOBE SYSTEMS INCORPORATED. Charter of the Audit Committee of the Board of Directors

UNITED CONTINENTAL HOLDINGS, INC. Audit Committee Charter

FORTIVE CORPORATION CORPORATE GOVERNANCE GUIDELINES

AUDIT COMMITTEE CHARTER OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS

NextDecade Corporation Nominating, Corporate Governance & Compensation Committee Charter

PERFORMANCE FOOD GROUP COMPANY COMPENSATION COMMITTEE CHARTER

E*TRADE Financial Corporation a Delaware corporation (the Company ) Audit Committee Charter (as of May 10, 2018)

MARATHON OIL CORPORATION. Audit and Finance Committee Charter

ALUFER MINING LIMITED ( the COMPANY ) AUDIT COMMITTEE CHARTER

REGIONS FINANCIAL CORPORATION REGIONS BANK NOMINATING AND CORPORATE GOVERNANCE COMMITTEE CHARTER

NOMINATING AND CORPORATE GOVERNANCE COMMITTEE CHARTER

GROUP POLICY GUIDELINES ON CORPORATE GOVERNANCE AUDIT COMMITTEE

Brown & Brown, Inc. AUDIT COMMITTEE CHARTER

GOLDEN ENTERTAINMENT, INC. AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. CHARTER (as of February 9, 2016)

Transcription:

Compliance & Risk Management Committee Charter (Amended and Restated as of March 8, 2017) A. Purpose The purpose of the Compliance & Risk Management Committee (the Committee ) of the Board of Directors (the Board ) of (the Company ) is to assist the Board in overseeing the Company s compliance with legal and regulatory requirements, and ethical standards; the operation of the Company s Compliance & Ethics Program (the CE Program ) and the Company s Risk Management Program (the RM Program ); and, the Company s interactions and relationships with regulatory and enforcement agencies in the United States and other countries. B. Structure and Membership 1. Members. The Committee shall consist of at least three non-employee members of the Board. 2. Chair. Unless the Board elects a Chair of the Committee, the Committee shall elect a Chair by majority vote. 3. Compensation. The compensation of Committee members shall be as determined by the Board. 4. Selection and Removal. Members of the Committee shall be appointed by the Board, upon the recommendation of the Nominating and Corporate Governance Committee. The Board may remove members of the Committee from such Committee, with or without cause. C. Authority and Responsibilities 1. The Committee shall have the authority to, among other things: a. require management to conduct audits or reviews of compliance matters; b. conduct or oversee reviews or investigations of matters involving legal and regulatory compliance, or business ethics; c. determine whether the Committee should be the direct recipient of findings and conclusions in any such audit, review or investigation; and, d. oversee the Company s enterprise risk management platform and program. 2. The Committee shall oversee, and periodically review, the structure, operation and efficacy of the Program, including the performance of the Company s Executive Vice President, Compliance & Risk ( EVPCR ) and the Compliance Department (the Department ); Page 1

3. The Committee shall consider and, as appropriate, receive periodic reports on, among other things: a. The EVPCR s span of responsibility, reporting lines and direct access to senior management; b. The adequacy of the resources that are dedicated to the CE and RM Programs; c. The management of enterprise-wide risks, including the tracking, reporting and defining of action plans/corrective actions, to address potential or known risks; d. The work of the Company s Compliance & Risk Management Committee, which is chaired by the EVPCR and comprised of designated members of the Company s management team ( CMC ); e. The clarity and scope of the Company s Code of Business Conduct and Ethics and its Compliance Policies and Procedures, including those that pertain to: the duty of all employees to report compliance concerns promptly to the Department; the Company s prohibition of retaliation and retribution; and, corrective and disciplinary actions; f. The effectiveness of the Company s compliance and business ethics training and education programs; g. The Company s compliance audits and monitoring initiatives; h. The communications channels and mechanisms, such as a toll-free Hotline, that the Company has established for the dissemination of compliance guidance and to encourage and facilitate reports of compliance and ethical concerns and matters; i. The Company s process for investigating reports of potential violations of laws, regulations, and/or rules that apply to the Company s business, and/or the Code of Business Conduct and Ethics or the Company s Policies and Procedures; and, j. The process that the Company has developed for screening individuals and/or entities that are excluded, debarred, suspended or otherwise ineligible to participate in Federal health care program or in Federal procurement or non-procurement programs. 4. The Committee shall receive periodic reports from the EVPCR and/or other members of management on: a. The development and implementation of the Department s Annual Work Plan; b. The Compliance Risk Assessment process overseen by the CMC; c. Findings and conclusions of compliance audits and monitoring activities; d. Complaints and reports of potential compliance violations received through the Hotline and other communications channels; Page 2

e. Retaliation claims, lawsuits alleging retaliation, settlements of retaliation claims, and reports of alleged retaliation to the Department and/or any ombudsperson program established by the Company; f. Pending and recently concluded compliance investigations; g. Corrective and disciplinary actions taken to address compliance and business ethics concerns; h. Corrective actions taken to address enterprise risks, including but not limited to: operational, financial, legal, compliance, regulatory, information technology ( IT ) and IT Security, data privacy, human resources, reputational, strategic, market, security, property, and other risks; i. The Company s data security and privacy programs, including cyber security and procedures regarding disaster recovery and business continuity, to ensure that management has established processes to monitor compliance with data security and privacy programs and test preparedness; j. Internal or external audits, assessments or reviews of: (1) compliance or risk management matters; and, (2) the Company s CE and/or RM Programs; k. Correspondence and inquiries from enforcement and regulatory agencies; l. Audits, reviews and investigations initiated by any enforcement or regulatory agency; and, m. The employment or engagement of any person or entity who or which has been excluded, debarred, suspended, or otherwise deemed ineligible to participate in Federal health care, procurement or non-procurement program. 5. The Committee shall, at least annually, receive from management, and/or any external counsel or advisors the Committee deems appropriate, briefings on legislative and regulatory developments that may affect the Company s business. 6. The Committee shall review the procedures established by the Company for the receipt, retention, preliminary assessment, and investigation of complaints received by the Company regarding compliance, ethical, and regulatory matters (other than accounting, internal accounting controls or other auditing matters which shall be handled by the Audit Committee of the Board). 7. Periodically, the Committee shall convene an executive session with the EVPCR, with no other members of management present, to discuss such matters that the Committee may deem appropriate. Page 3

8. The Committee shall have such other duties as may be delegated from time to time by the Board. D. Procedures and Administration 1. Meetings. The Committee shall meet as often as it deems necessary in order to perform its responsibilities. The Committee may also act by unanimous written consent in lieu of a meeting. The Committee shall keep such records of its meetings as it shall deem appropriate. 2. Subcommittees. The Committee may form and delegate authority to one or more subcommittees as it deems appropriate from time to time under the circumstances (including a subcommittee consisting of a single member). Any decision and/or finding of a subcommittee shall be presented in a timely manner to the Committee and no later than the next regularly scheduled Committee meeting. 3. Reports to Board. The Committee shall report regularly to the Board. 4. Charter. At least annually, the Committee shall review and reassess the adequacy of this Charter and recommend any proposed changes to the Board for approval. This Charter shall not be amended except upon approval of a majority of the Company s non-management members of the Board or as otherwise required by law or regulation. 5. Advisors. The Committee is authorized, without further action by the Board, to engage such legal, accounting and other advisors as it deems necessary or appropriate to carry out its responsibilities. The Committee is empowered, without further action by the Board, to cause the Company to pay the compensation of such advisors as established by the Committee. 6. Investigations. The Committee shall have the authority to conduct or authorize investigations into any matters within the scope of its responsibilities as it shall deem appropriate, including the authority to request any officer, employee or advisor of the Company to meet with the Committee or any advisors engaged by the Committee. 7. Funding. The Committee is empowered, without further action by the Board, to cause the Company to pay the ordinary administrative expenses of the Committee that are necessary or appropriate in carrying out its duties. 8. Annual Self-Evaluation. At least annually, the Committee shall evaluate its own performance. Page 4

E. Alignment and Coordination with the Audit Committee The Audit Committee shall retain all those responsibilities as are outlined in the Audit Committee Charter. As part of its responsibilities, the Audit Committee may receive complaints regarding financial compliance and non-financial compliance matters. The Audit Committee shall retain oversight responsibility for all such financial compliance matters. Oversight of non-financial compliance matters, including those relating to enterprise-wide risks, shall be the responsibility of this Committee. F. Limitation of Committee s Role Nothing in this Charter shall expand the duties and liabilities of any Company directors or officers beyond any duties and liabilities otherwise imposed by law. Notwithstanding the responsibilities and powers set forth in this Charter, the Committee and the Board must rely on the expertise and knowledge of management, including the EVPCR and the Company s General Counsel and other inhouse professionals. Accordingly, it is the responsibility of management of the Company to insure compliance with applicable laws, rules and regulations. Page 5