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Corporate Governance Framework

Our corporate governance framework sets out the necessary responsibilities and procedures that guarantee we operate properly.

Published
29 October 2021

Last updated
13 June 2024 - Changes

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  1. Contents
  2. 31 - Internal audit

31 - Internal audit

31.1. The Gambling Commission shall: 

  • establish and maintain arrangements for internal audit
  • ensure that any arrangements for internal audit are in accordance with the Public Sector Internal Audit Standards (PSIAS) as adopted by HM Treasury16
  • set up an audit committee of its board in accordance with the Code of Good Practice for Corporate Governance and the Audit and Risk Assurance Committee Handbook, or be represented on the Department for Digital, Culture, Media and Sport’s (DCMS) Audit Committee
  • forward the audit strategy, periodic audit plans and annual audit report, including the Commission’s Head of Internal Audit opinion on risk management, control and governance as soon as possible to the sponsor department
  • keep records of and prepare and forward to the department an annual report on fraud and theft suffered by the Commission and notify the sponsor department of any unusual or major incidents as soon as possible
  • share with the sponsor department information identified during the audit process and the Annual Audit Opinion Report (together with any other outputs) at the end of the audit, in particular on issues impacting on the department’s responsibilities in relation to financial systems within the Commission.
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