INTL FCStone 2013 Annual Report Download - page 18

Corporate Governance Statement
The Company is committed to high standards of corporate governance and has put in place a framework
that fosters good governance, is practical for a company of our size and satises our current listing and
regulatory requirements. The Company has instituted a Code of Ethics that demands honest and ethical
conduct from all employees. Specic topics covered are conicts of interest, fair dealing, compliance
with regulations and accurate nancial reporting.
Executives
The roles of Chairman and CEO are split. The CEO and CFO make all necessary representations to
satisfy regulatory and listing requirements. Executive compensation is determined by a Compensation
Committee composed exclusively of independent directors.
Board Of Directors
The Company has a Board of Directors consisting of two executive, one non-independent, and six non-
executive directors, all six of whom are independent. The Chairman is a non-executive director. The
Board oversees the strategy, nances, operations and regulatory compliance of the Company through
regular quarterly meetings and additional special meetings when required. The non-executive directors
regularly meet independently of the executive directors. The Nominating & Governance, Audit and
Compensation Committees are each composed of three independent directors. The Audit Committee
meets the SEC requirement that at least one of its members should be a nancial expert.
Financial Reporting And Internal Control
The Company strives to present clear, accurate and timely nancial statements. Management has a
system of internal controls in place, regularly assesses the effectiveness of these controls and modies
them as necessary. Risk management is an important aspect of this system of internal controls and
management has established a Risk Committee to establish and monitor compliance with risk policies.
Investor Relations
The Company seeks to provide accurate and timely information to stockholders and other stakeholders
to facilitate a better understanding of the Company and its activities. The Company seeks to distribute
such information as widely as possible through lings on Form 8-K, press releases and postings on its
website, www.intlfcstone.com.
Forward-Looking Statements
This Annual Report contains “forward-looking statements” within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking
statements involve known and unknown risks and uncertainties, many of which are beyond the
Company’s control, including adverse changes in economic, political and market conditions, losses from
the Company’s activities arising from customer or counterparty failures, changes in market conditions,
the possible loss of key personnel, the impact of increasing competition, the impact of changes in
government regulation, the possibility of liabilities arising from violations of laws or regulations and the
impact of changes in technology on our businesses. Although the Company believes that its forward-
looking statements are based upon reasonable assumptions regarding its businesses and future market
conditions, there can be no assurances that the Company’s actual results will not differ materially
from any results expressed or implied by the Company’s forward-looking statements. The Company
undertakes no obligation to publicly update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. Readers are cautioned that any forward-looking
statements are not guarantees of future performance.
17 2013 INTL FCStone Annual Report