Supervisory body

The supervisory body of an organisation, such as the Supervisory Board or the Board of Trustees. The term governance body refers to the supervisory body of an organisation, regardless of its actual designation. In practice, there are other types of body that either have a different role or are formalised differently or not at all. For example, the Advisory Board, which is not a (formal) supervisory body but has an advisory or sounding board function, the shareholders or a selection thereof (e.g. board members of a trust office foundation) or other types. Putting together recommendations for these rather different bodies extends beyond the scope of this brochure. We recommend that organisations with bodies of this type incorporate the recommendations as they see fit within their own structures.