King V, scaled

King V SMME

King V, applied proportionally for an organisation without a compliance department.
All 13 King V principles28 controls65 questionsFor unlisted organisations

The requirements

King V is written with listed and large organisations in view — audit committees, integrated reporting, formal board evaluations. The Code's own Foundational Concepts provide for this: the thirteen principles are “essential and foundational” and apply as they are, while the recommended practices “may be adapted and scaled” to an organisation’s size, complexity, ownership and impact. King V SMME does exactly that. All thirteen principles are kept. 28 controls and 65 questions, in the language of someone who runs the business, with the obligations that bind every company regardless of size kept at full strength.

Leadership & Decisions
A governing body charter, minutes and resolutions under s24(3), a delegation of authority, and — where the owner also chairs — the explanation King V asks for and the safeguard that goes with it
Ethics & Conduct
One named person responsible for ethics, a code of conduct that reaches everyone who works for you, and a speak-up channel that holds up under the Protected Disclosures Act
Strategy & Performance
A plan the governing body agreed, with a few measurable targets, and evidence that anyone looked at it again before year end
Risk & Continuity
A risk register with owners and actions, what level of risk you will not accept, and a plan for carrying on when premises, systems or key people are unavailable
Compliance & the Law
The laws that actually apply to you, a named person accountable for compliance, and a record of breaches and what was done about them
Technology, Data & Money
Acceptable use and access control, cyber incident response, the POPIA Information Officer appointment, ROPA and breach procedure under their formal names, annual financial statements under s30, and who checks the numbers

Mapped in Encircle

This framework contributes to the following governance domains in your Encircle score:

D01 StrategyD02 LeadershipD03 RiskD04 ComplianceD05 EthicsD07 StakeholdersD08 TechnologyD09 AI & DataD11 AssuranceD12 Remuneration
How Encircle maps this framework

Every control here is King V, translated into what a smaller organisation actually holds. Where the Code recommends a committee, this asks who carries the responsibility — a committee, one named person, or the governing body as a whole — because King V expressly permits a smaller organisation to delegate to an individual member. Statutory obligations keep their formal names and their full strength: the POPIA Information Officer appointment, Record of Processing Activities and breach notification procedure, and the Companies Act director register, decision records and annual financial statements.

Your King V SMME readiness score

King V is the standard a court measures a director against when something goes wrong. The IoDSA puts it plainly: without sound governance structures it is difficult for a director to show they took reasonably diligent steps. Encircle scores you against all thirteen principles on the evidence you have loaded, and every gap becomes an assigned task. Because this is derived from King V you can see how it maps back to the Code, and step up to the full assessment when you are ready. Encircle does not audit or certify, and this is not published or endorsed by the IoDSA.

King V SMME, scored

The same organisation seen through the King V SMME lens. Red is where the exposure is. Every domain King V reaches at this scale, scored on the evidence loaded.

DirectionHow we directRisk & AssuranceHow we provePerformance & InnovationHow we deliver future valueEthics & CultureWho we areLeadershipStrategyRemunerationRiskComplianceAssuranceTechnologyAI & DataEthicsStakeholdersEncircle67%GOV SCORE
FSG
Financial Services Group (Pty) Ltd
Financial services · 350 employees · JSE-listed
67%
Overall

King V SMME: the basics are being done, and roughly a third of them cannot be evidenced. The strategy is reviewed and the review is never minuted, nobody is named as carrying responsibility for ethics, and the approval limits stop at the bank mandate.

Domain breakdown, by pillar
Direction82%
Leadership
80%
Strategy
82%
Remuneration
84%
Risk & Assurance61%
Risk
66%
Compliance
58%
Assurance
60%
Performance & Innovation47%
Technology
64%
AI & Data
30%
Ethics & Culture74%
Ethics
76%
Stakeholders
72%

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