Governance

Board Committees

MSD maintains Board committees to support effective oversight of governance, risk management, audit, nomination, listing, and technology matters.

View committees Board & Leadership

Board Committees

Committees supporting effective oversight.

Each committee operates under a defined mandate with specific responsibilities and oversight areas.

Audit and Risk Committee

Committee

Key Responsibilities

  • Reviewing financial statements and financial reporting processes
  • Monitoring the effectiveness of internal control systems
  • Overseeing risk management frameworks and key risk exposures
  • Reviewing audit findings and management responses
  • Monitoring regulatory compliance matters
  • Reviewing internal audit plans and reports
  • Making recommendations regarding the appointment, reappointment, or removal of external auditors
  • Reviewing the remuneration and terms of engagement of external auditors

Nomination and Remuneration Committee

Committee

Key Responsibilities

  • Reviewing the structure and composition of the Board
  • Assessing director nominations and appointments
  • Reviewing executive remuneration structures
  • Supporting succession planning for leadership roles

Listing Committee

Committee

Key Responsibilities

  • Reviewing listing applications
  • Assessing issuer compliance with listing requirements
  • Recommending approvals or conditions for listings
  • Monitoring issuer disclosure obligations

IT and Governance Committee

Committee

Key Responsibilities

  • Technology infrastructure development
  • Cybersecurity and system resilience
  • Digital market platforms and investor services
  • Governance frameworks relating to technology oversight

Appeals Committee

Appeals

The Appeals Committee provides an independent forum for reviewing decisions relating to listing, market participation, or regulatory matters where appeals are permitted under applicable rules. This mechanism strengthens procedural fairness and governance transparency within the market framework.

Board Responsibilities

How the Board oversees MSD.

Strategic oversight

Setting and monitoring the strategic direction of MSD.

Governance & compliance

Ensuring MSD operates within its legal and regulatory obligations.

Risk management

Maintaining appropriate risk controls across operations and technology.

Stakeholder protection

Safeguarding the interests of investors, issuers, and participants.

Financial oversight

Overseeing financial and operational performance.

Technology resilience

Oversight of technology infrastructure and system resilience.

Policy approval

Approval of major policies and strategic initiatives.

Executive supervision

Supervision and support of executive management.

Next

Meet the people behind MSD.

View the Board of Directors and senior management team who lead MSD strategy and operations.

Board & Leadership About the Company