The House of Commons Public Administration and Constitutional Affairs Committee has this week launched an inquiry to examine the role and regulation of non-executive directors in Government departments. As part of the inquiry, the Committee will consider NEDs' influence, responsibilities and background; how NEDs are appointed and held accountable will also be considered. For further information, see the inquiry website or the call for evidence.
A new edition of the Government's risk management principles for government departments (including arm's length public bodies with responsibility derived from central government for public funds) - better known as the Orange Book - has been published: see here (pdf). The Orange book contains main and supporting principles and operates on the basis of 'comply or explain' in conjunction with the corporate governance code for central government departments.
HM Treasury has this month published an updated edition of the corporate governance code for central government departments: see here (pdf). An accompanying guidance note has also been published: see here (pdf). The code operates on the basis of 'comply or explain' and focuses on the role and functioning of departmental boards, chaired by the Secretaries of State.
