In addition to providing important context regarding directors’ duty of oversight, this piece from Gartner’s “Top Corporate Governance Trends for 2024”: “Expanded Duty of Oversight” includes a checklist of suggested action items to objectively evaluate and enhance (if warranted): (i) the company’s information systems and escalation procedures relating to critical risks; (ii) how and how often relevant risk information is reported to the board or board committee(s); and (iii) the adequacy of meeting minute documentation of the board’s risk oversight responsibilities.
The full publication is available for download here.