Regulatory initiatives introduced through the Canadian and American securities commissions have placed greater importance on corporate governance.
Norsat’s standing formal practice is to continually review our corporate governance policies. In this way we ensure that we both comply with applicable regulations and exceed standards through implemented best practices. We are committed to operating all aspects of our business under the highest ethical standards with the greatest depth of integrity.
Our corporate governance practices meet or exceed all applicable Canadian requirements. Our corporate governance practices also incorporate some best practices derived from the NYSE MKT rules and comply with applicable rules adopted by the U.S. Securities and Exchange Commission to give effect to the provisions of the Sarbanes-Oxley Act of 2002.
Norsat’s Board of Directors brings together an international group of individuals with a broad range of expertise in technology, business, finance and related disciplines.