Risk and Compliance Committee
The Risk and Compliance Committee is chaired by Stephen Smith. Its other members are Ben Thompson, Sharon Trinder, Gareth Herbert and John Brooks. The Risk and Compliance Committee meets each month. The Risk and Compliance Committee has primary responsibility for reviewing the effectiveness of the Company’s internal controls, compliance and risk management systems and providing oversight and advice to the Board in relation to current and potential risk exposures of the Group and future risk strategy, reviewing and approving various formal reporting requirements and promoting a risk awareness culture within the Group. In addition, the responsibilities of the Risk and Compliance Committee include advising the Board on the Company’s risk strategy, risk policies and current risk exposures; overseeing the implementation and maintenance of the overall compliance and risk management framework and systems; and reviewing the Company’s risk assessment processes and capability to identify and manage new risks.