Governance Standard
MAN-STD-GOV-002
Draft

Trade Governance Standard

Establishes the overarching governance framework governing how trades are entered, verified, progressed, moved, recorded and concluded within MANIDASO.

Document standing

Authority and Standing

These Platform Standards are issued by MANIDASO LTD as the operator and governing authority of the MANIDASO Trade Governance Platform. Each published Platform Standard forms part of the official MANIDASO Platform Standards Register and establishes the governance requirements applicable within its defined scope. Unless expressly stated otherwise, the current published version constitutes the sole authoritative version of the standard.

CURRENT OPERATING POSITION

How this standard currently applies

MANIDASO governs defined stages and decision points within supported trade activity rather than acting as the buyer, seller, carrier or universal guarantor of transaction performance.

IMPLEMENTATION STATUS
Under review
DELIVERY MODEL
Platform-governed
CURRENT PLATFORM COVERAGE

Applies across the MANIDASO governance framework and all currently enabled platform services to the extent relevant to the subject matter of this standard.

OPERATING LIMITATIONS

MANIDASO provides a governance framework and supporting services. It does not remove participant responsibility, replace applicable law, guarantee counterparty performance or assume third-party provider obligations unless expressly agreed.

CURRENT APPLICATION

This standard is applied to activity conducted through official MANIDASO services and recorded platform processes, subject to the relevant service, route, provider and transaction conditions.

00

Publication and control record

This record identifies the current version, publication status, ownership, approval and implementation position of this standard.

STANDARD REFERENCE
MAN-STD-GOV-002
DOCUMENT TITLE
Trade Governance Standard
DOCUMENT CLASS
Governance Standard
DOCUMENT STANDING
Draft Standard
VERSION
1.0
PUBLICATION STATUS
Draft
EFFECTIVE DATE
14 August 2026
LAST UPDATED
14 August 2026
DOCUMENT OWNER
MANIDASO Platform Governance
APPROVAL AUTHORITY
MANIDASO Platform Governance
Approval Date
14 August 2026
01

Purpose of this standard

To provide a common control framework linking MANIDASO's entry, verification, payment, movement and Trust File functions throughout the governed trade lifecycle.

02

Scope

This section defines the operational boundaries, platform components, routes and markets to which this standard applies.

Operational Scope

This standard applies across supported MANIDASO trade activity and establishes the relationship between participant eligibility, trade entry, verification, payment progression, movement, exception handling and Trust File administration.

Applicable Markets
United Kingdom
Ghana
03

Principles

The principles governing the interpretation, application and operation of this standard.

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04

Definitions

Terms used within this standard that require a defined meaning for consistent interpretation and application.

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05

Standard requirements

Mandatory and conditional requirements established under this standard.

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06

Control framework

Control activities supporting the implementation, monitoring and assurance of this standard.

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Related requirements
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07

Responsibilities and accountability

Roles, responsibilities and authorities relevant to the implementation, operation and oversight of this standard.

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08

Evidence and records

Evidence and records required to demonstrate implementation, compliance and effective operation of this standard.

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09

Exceptions and approved departures

Any departure from this standard must be identified, assessed, authorised and recorded in accordance with the applicable governance process.

Material departures from the normal trade-governance sequence must be recorded and managed through the applicable exception process.

Exception authority
MANIDASO Platform Governance
Approval requirement
Prior approval is required for any material departure unless immediate protective action is necessary; any retrospective approval must be documented promptly.
 Recording requirement
Record the exception, rationale, affected requirement, approver, conditions, duration and outcome in the applicable governance record or Trust File.
Review requirement
Review the exception before expiry, when circumstances materially change, or sooner where required by risk, law, provider conditions or governance direction.
10

Compliance and non-compliance

Compliance with this standard is required within its defined scope. Identified non-compliance must be assessed, recorded and addressed through the applicable governance process.

Material circumvention, misrepresentation, unauthorised progression or failure to satisfy mandatory governance controls must be stopped and escalated.

Escalation framework

Escalation stages apply where non-compliance is material, repeated, unresolved or otherwise requires governance intervention.

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13

External references and authorities

External legislation, regulatory guidance, recognised standards and other authoritative sources relevant to this standard.

Reference register
References are provided for context and should be read in their current authoritative form.
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14

Revision history

A chronological record of revisions, amendments and publication updates to this standard.

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Questions and enquiries

Questions relating to the interpretation, application or implementation of this standard should be submitted through the official MANIDASO governance contact channels.