Policy
Corporate Governance Framework
Our corporate governance framework sets out the necessary responsibilities and procedures that guarantee we operate properly.
Matters which are reserved to the Gambling Commission
3.3. The following matters are reserved to the Board:
- consideration and approval of the Corporate Governance Framework, including delegated powers, standing orders and prime financial policies
- consideration and approval of the Commission’s strategic objectives
- approval of the Commission’s Business Plan, core business objectives and annual budgets
- consideration and approval of a medium-term financial plan
- approval of the regulatory framework, strategy and priorities
- variations to the approved budget where the variation would have a significant impact on the overall approved levels of income and expenditure
- approval of annual report and accounts
- approval of arrangements for performance management and consideration of regular monitoring reports
- approval of the Commission’s risk management arrangements and consideration of reports of the Audit Committee
- appointment of the Chief Executive, subject to the Secretary of State’s consent as to the terms and conditions of employment
- approval of reports from the Remuneration and Nomination Committee
- approval of the general organisational structure of the Commission
- approval of communication plans in respect of matters which are of public, political or reputational significance
- the cycle of Board meetings, the composition of Board agendas and approval of minutes of Board meetings
- approval of certain functions under the National Lottery etc. Act 1993 (opens in new tab).
Last updated: 27 February 2023
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