Governance Charter

Principle 1 — Clarity

Every recurring counterparty must have:

• Documented purpose
• Defined exposure
• Assigned classification
• Clear governance rationale

Ambiguity is structural risk.

Principle 2 — Documentation

Memory is not governance.

All assessments are recorded, structured, and refresh-dated.
Governance must be auditable.

Principle 3 — Threshold Discipline

Intuition does not scale.

Defined thresholds transform abstract concern into enforceable procedure.

When metrics are breached, escalation is not discretionary.

Principle 4 — Role Separation

To preserve analytical integrity, roles are separated:

• Controller
  Documentation and validation.
• Investigator
  Enhanced review when triggers activate.
• Auditor
  Governance sign-off and reporting.

Separation protects objectivity.

Principle 5 — Refresh Obligation

No case remains permanently valid.

All cases expire after 12 months from last completed review.

Refresh is mandatory.

Responsibility Boundary

Varqus provides structured governance intelligence and recommendations.

Final business decisions remain exclusively with the client.

Governance advisory strengthens executive judgment.
It does not replace it.