The Director presented the annual review of the Governance Compliance Statement to the Board to provide comment and any recommended changes or additions for the Audit & Governance Committee.

The statement sets the Authority’s arrangements to meet regulation and there have been no substantive changes to this other than updating terminology and further explanation on some points.

Action – The Authority to update page 81, point to add some explanation around how the LPB operates rather than it being in the appendix. 

The Independent Advisor asked if there was any idea on the changes in the guidance the Scheme Advisory Board are working on and if this would be imminent.

The Director responded that it is understood that statutory guidance on this will emerge later this year, but nothing has come up through the Scheme Advisory Board yet. 

RESOLVED: Members a) Reviewed the Governance Compliance Statement at appendix A and b) Provided comments on the Governance Compliance Statement for the Authority’s Audit & Governance Committee consideration.