Audit and Risk Committee
The Board has delegated to this Audit and Risk Committee responsibility for overseeing the financial reporting and internal control of the Group and for maintaining an appropriate relationship with the Company's auditors.
The Committee seeks to encourage and safeguard high standards of integrity, financial reporting, risk management and internal controls.
Its responsibilities include:
Financial reporting related
Monitoring the content and integrity of financial and other regulatory reporting; and
Reviewing the appropriateness of accounting judgements.
External auditors
Reviewing the external auditors; and
Recommending the appointment of external auditors to the Board.
Risk and controls related
Reviewing, establishing and maintaining the an effective Group's risk management and internal control framework;
Reviewing the Group's internal audit function;
Reviewing the Group's regulatory reporting procedures and relationships with regulators; and
Regularly considering emerging and thematic risks.
Audit and Risk Committee Members
Iain Mackay is the Chair of Audit and Risk Committee