The Risk and Audit Committee is responsible for ensuring the maintenance of appropriate and adequate audit processes and the governance of the internal audit and external audit programme.
It is a sub-committee of the Ofcom Board and is chaired by a non-executive member of the Ofcom Board.
Further details of the Committee’s duties are explained within their terms of reference.
4 March 2020
11 May 2020
3 June 2020
7 October 2020
2 December 2020
The Risk & Audit Committee considers a number of fixed agenda items during the year:
In addition, the Risk & Audit Committee notes the following updates throughout the year: Security Committee, Finance, Litigation report, fraud & security.
The Committee members are appointed by the Ofcom Board from amongst its Non-Executive Members or from outside the Board and shall consist of not fewer than three Members. The Chair of the Committee is appointed by the Ofcom Board and shall be a Non-Executive Member of the Board but not the Board Chair to ensure the independence of the Risk & Audit Committee. The members of the Risk and Audit Committee are:
The Chief Executive and Finance Director are invited to attend Committee meetings, as are the internal and external auditors.
Please see the register of disclosable interests.
Risk and Audit Committee: Terms of Reference (PDF, 146.7 KB)