Issue - meetings

LOCAL CODE OF CORPORATE GOVERNANCE 2025

Meeting: 12/03/2025 - Finance, Audit and Risk Committee (Item 71)

71 LOCAL CODE OF CORPORATE GOVERNANCE 2025 pdf icon PDF 217 KB

THE REPORT OF THE POLICY AND COMMUNITIES MANAGER

 

The report highlights the Local Code of Corporate Governance for 2025.

Additional documents:

Decision:

RESOLVED: That Committee approved the Local Code of Corporate Governance 2025 (Appendix A).

 

REASONS FOR DECISION: It is recommended practice to review the Local Code of Corporate Governance each year to ensure it remains up to date and relevant.

Minutes:

Audio Recording – 45 minutes 47 seconds

 

The Policy & Strategy Team Leader presented the report entitled ‘Local Code of Corporate Governance 2025’ and highlighted that:

 

·       It was good practice for The Local Code of Corporate Governance to be reviewed annually and it had been a year since the last update.

·       The 2025 version was based on the CIPFA/Solace framework 2016 principles.

·       Appendix A showed the Code in a diagram which laid out all the principles.

·       As approved the Code would go on the Councils web page and would provide a basis for the Annual Governance Statement (AGS) for 24/25.

 

In response to a question by Independent Member John Cannon, the Policy & Strategy Team Leader advised that there were no changes this year but there was an ongoing consultation on an addendum which would go into next year’s update.

 

Councillor Ruth Brown proposed, and Councillor Stewart Willoughby and, following a vote, it was:

 

RESOLVED: That Committee approved the Local Code of Corporate Governance 2025 (Appendix A).

 

REASONS FOR DECISION: It is recommended practice to review the Local Code of Corporate Governance each year to ensure it remains up to date and relevant.