Audit, Risk & Compliance Committee
To assist in the execution of their responsibilities, the BBCL and BBCIS Boards will each establish an Audit, Risk & Compliance Committee. Each committee will report to their respective Board to assist Directors in carrying out their obligations. The Boards, via their respective Audit, Risk & Compliance Committees, are committed to the management of risk throughout the operations of BBCG. Following establishment of the Audit, Risk & Compliance Committees, it is planned that Andrew Love, Professor Sloan and Graeme Martin will be appointed by each Board to be the members of each committee, with Andrew Love being appointed chairman of each committee.
The Audit, Risk & Compliance Committees will consider any matter relating to the affairs of BBCL and BBCIS respectively (including their external audit) that the committees consider relevant in order to carry out their functions. In addition, the Audit, Risk & Compliance Committees will examine any other matters referred to them by the relevant Board.