Guidance Notes

Such a committee is not a requirement, but there are increasing numbers of them. This guidance note sets out how to ensure this committee adopts good practice in accordance with other committee recommendations under the UK Corporate Governance Code.

This guidance note proposes outline terms of reference for the risk committee of a company seeking to comply fully with the UK governance requirements.

It is essential that the audit committee is properly constituted with a clear remit and identified authority.

The terms of reference for the nominations committee for a company seeking to comply fully with the requirements of the UK Corporate Governance Code.

There should be a formal and transparent procedure for developing policy on executive remuneration and for fixing the remuneration packages of individual directors.

This guidance note offers model terms of reference for the remuneration committee of a charity registered in England and Wales.

This guidance note proposes model terms of reference for the audit and risk committee of an academy trust seeking to comply fully with the requirements of the Department for Education’s (DfE) and the Education and Skills Funding Agency’s (ESFA) guidance.

This guidance note proposes model terms of reference for the remuneration committee of an academy trust or multi-academy trust (MAT) seeking to comply with the requirements of the Department for Education’s (DfE) and the Education and Skills Funding Agency’s (ESFA) guidance and funding arrangements for academy trusts.