Which one of the following best describes the term "governance" in the context of tailings management? which one of the following best describes the term "governance" in the context of tailings management? Laws and regulations administered by governments The internal organisational policies, standards, and management controls that companies have in place Voluntary initiatives, such as standards, codes of practice, and certification schemes designed and administered by industry bodies, by third parties, or through multi-stakeholder processes Requirements placed on companies by insurers and/or banks All of the above