Issue - meetings

Update of the Code of Corporate Governance

Meeting: 26/11/2020 - Audit Committee (Item 20)

20 Update of the Code of Corporate Governance

To adopt the Code of Corporate Governance so that the Code can be reported publiclyin the Council’s Annual Governance Statement.

 

Supporting documents:

Minutes:

The Deputy Democratic Services Manager explained that each local authority was required to develop and maintain an up to date Code of Corporate Governance. The Code of Corporate Governance sets out the principles of good governance and the arrangements in place to ensure that the Council conducts its business in accordance with the law and proper standards. It provides assurance that the Council meets best practice in protecting its assets and serving the community. The updated Code had been reviewed by the Governance Task Group and was recommended for adoption by the Committee. Once adopted, the Code would apply to all members and officers in the discharge of their duties.

 

It was noted that the updated Code of Corporate Governance had been drafted in accordance with the principles set out in the Chartered Institute of Public Finance and Accountancy (CIPFA) and the Society of Local Authority Chief Executives (SOLACE).

 

RESOLVED that the adoption of the updated Code of Corporate Governance be approved.