Policy
Corporate Governance Framework
Our corporate governance framework sets out the necessary responsibilities and procedures that guarantee we operate properly.
25 - Corporate and business plans
25.1. The Gambling Commission shall submit annually to the sponsor department a draft of the corporate plan covering at least the year ahead. The draft should be submitted in such time as to allow meaningful consideration and feedback before final adoption by the Gambling Commission board. The Commission shall agree with the department the issues to be addressed in the plan and the timetable for its preparation. The plan shall reflect the Commission’s statutory and/or other duties and, within those duties, the priorities set from time to time by the responsible Minister (including decisions taken on policy and resources in the light of wider public expenditure decisions). The plan shall demonstrate how the Commission contributes to the achievement of the department’s medium-term plan and priorities and aligned performance metrics and milestones.
25.2.The first year of the corporate plan, amplified as necessary, shall form the business plan. The business plan shall be updated to include key targets and milestones for the year immediately ahead and shall be linked to budgeting information so that resources allocated to achieve specific objectives can readily be identified by the department. Subject to any commercial considerations, the corporate and business plans should be published by the Commission on its website and separately be made available to staff.
25.3.The following key matters should be included in the plans:
- key objectives and associated key performance targets for the forward years, and the strategy for achieving those objectives
- key non-financial performance targets a review of performance in the preceding financial year, together with comparable outturns for the previous 2 to 5 years, and an estimate of performance in the current year
- alternative scenarios and an assessment of the risk factors that may significantly affect the execution of the plan but that cannot be accurately forecast
- other matters as agreed between the department and the Commission.
Last updated: 13 June 2024
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