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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
16 January 2024 - Changes

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  1. Contents
  2. Appendix 1 - Gambling Commission Framework Document
  3. Governance and accountability

Governance and accountability

6.1. The Gambling Commission (the Commission) shall operate corporate governance arrangements that, so far as practicable and in the light of the other provisions of this framework document or as otherwise may be mutually agreed, accord with good corporate governance practice and applicable regulatory requirements and expectations.

6.2. In particular (but without limitation), the Commission shall:

  • comply with the principles and provisions of the Corporate Governance in Central Government Departments Code of Good Practice2 (as amended and updated from time to time) to the extent appropriate and in line with its statutory duties or specify and explain any non-compliance in its annual report
  • comply with Managing Public Money (MPM)
  • in line with MPM have regard to the relevant Functional Standards3 as appropriate and in particular those concerning Finance, Commercial and Counter Fraud
  • take into account the codes of good practice and guidance set out in Annex A of this framework document, as they apply to Arms Lengths Bodies (ALB)

6.3. In line with MPM Annex 3.1 the Commission shall provide an account of corporate governance in its annual governance statement including the Board’s assessment of its compliance with the Code with explanations of any material departures. To the extent that the Commission does intend to materially depart from the Code, the sponsor department should be notified in advance.

References

2 https://www.gov.uk/government/publications/corporate-governance-code-for-central-government-departments-2017 3 https://www.gov.uk/government/collections/functional-standards

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