Portsmouth City Borough Council
Councillors:
42
Wards:
14
Committees:
37
Meetings (2026):
11
Meetings (2025):
117
Meeting
Governance & Audit & Standards Committee - Portsmouth City
Meeting Times
Scheduled Time
Start:
Wednesday, 18th February 2026
5:00 PM
Wednesday, 18th February 2026
5:00 PM
End:
Wednesday, 18th February 2026
9:00 PM
Wednesday, 18th February 2026
9:00 PM
Meeting Status
Status:
Confirmed
Confirmed
Date:
18 Feb 2026
18 Feb 2026
Location:
The Executive Meeting Room - Third Floor, The Guildhall, Portsmouth
The Executive Meeting Room - Third Floor, The Guildhall, Portsmouth
Meeting Attendees
Committee Member
Deputy Group Leader
Standing Deputy
Group Leader
Standing Deputy
Deputy Group Leader
Agenda
1
Apologies for Absence
Minutes
Apologies for absence had been received from Councillor Judith Smyth. Councillor Graham Heaney was in attendance as standing deputy.
2
Declarations of Members' Interests
Minutes
Cllr Ian Holder declared a personal interest in minutes 9 to 17, the nature of the interest being that his wife was a Personal Advisor working within the Children, Families and Education Directorate at Portsmouth City Council.
3
Minutes of the meeting held on 21 January 2026
RECOMMENDED that the minutes of the meeting held on 21 January 2026 be approved and signed by the Chair as a correct record.
Attachments:
- Document GAS Minutes 21.01.26 10 Feb 2026
Minutes
RESOLVED that the minutes of the meeting held on 21 January 2026 be approved and signed by the Chair as a correct record.
4
Audit Results Report (Draft) Year ended 31 March 2025
Purpose
The audit is designed to express an opinion on the 2024/25 financial statements and address current statutory and regulatory requirements.
The report contains the external auditor's findings related to the areas of audit emphasis, their views on Portsmouth City Council’s accounting policies and judgements, and material internal control findings.
The report is for noting.
The audit is designed to express an opinion on the 2024/25 financial statements and address current statutory and regulatory requirements.
The report contains the external auditor's findings related to the areas of audit emphasis, their views on Portsmouth City Council’s accounting policies and judgements, and material internal control findings.
The report is for noting.
Attachments:
- Document PCC Audit Results Report - Local Government - DRAFT February 2026 10 Feb 2026
Minutes
Andrew Brittain, Partner (Ernst & Young) and Kelly Gates, Assistant Manager (Ernst & Young) introduced the external auditor's audit results report for 2024/25.
The audit was reported as substantially complete, and a qualified opinion was expected, which represented progress from the previous year’s disclaimer. Assurance had been rebuilt in several areas in line with National Audit Office guidance, and overall improvements were noted.
Ernst & Young had introduced a Red, Amber, Green (RAG) rating system for audit efficiency, with most areas rated green and some identified for future improvement.
Ms Gates outlined the audit findings and confirmed that no evidence had been found of management override or inappropriate accounting judgments, and that no material misstatements had been identified in the capitalisation of revenue expenditure.
Two classification issues were identified. The first related to £6.6m of spend on improvements to bus services which had been incorrectly included as capital expenditure and recorded in Assets Under Construction, when it should have been accounted for through the Income and Expenditure Statement as REFCUS (Revenue Expenditure Funded by Capital Under Statute) as spend on assets for a third party.
This had no impact on the general fund position, as such an entry would be reversed out through the MIRS, but it did overstate both sides of the balance sheet. This would not be amended within the 2024/25 accounts but would be corrected in 2025/26.
The second related to £2.3m of in-year purchases of council dwellings which had been correctly accounted for as additions to overall non-current assets but were presented in one disclosure note as additions to Assets Under Construction rather than additions to Council Dwellings. The overall council dwelling and assets under construction totals were correct and the issue therefore had no impact on the total values reported.
Valuations of investment properties and land and buildings had been reviewed. One asset had been undervalued by £1.7m due to an incorrect land area and had been adjusted in the final accounts. The valuation of the Lakeside North Harbour asset was confirmed as within the expected range.
The Hilsea Lido asset was found to have been overstated by £4m and was corrected in the financial statements. The valuation did not fully reflect capital expenditure incurred to date through the obsolescence element of the valuation.
The pension disclosures were updated following revised figures provided by the LGPS fund’s actuary to correct an earlier error in the year-end figures, affecting only the pension disclosure notes.
A judgmental difference remained in relation to prior-year comparators and the application of updated valuation guidance. The auditors interpreted the change in guidance as requiring retrospective application, whereas the Council applied it prospectively as no such requirement was stated in the guidance; the accounts were therefore not amended.
Council dwellings were valued on a beacon basis and each beacon should be revalued at least every five years. Evidence could not be provided to demonstrate that two beacons had been revalued within the required cycle, although subsequent work confirmed that the impact was trivial and no amendment was required. This would be addressed in the 2025/26 valuations.
Although IFRS 16 (leases) had been adopted, it had not been applied in the Council’s 2024/25 accounts because its impact had been assessed as immaterial. Prior-year figures had been restated only where the impact had been material. The internal restructuring of portfolios in 2024/25 had been minimal and the Council had therefore reasoned that revised comparatives were not required.
The value for money assessment referred to one significant weakness relating to social housing self-referral and the associated regulatory judgement. This weakness had already been identified and reported by the Council, and the Council was working with the regulator to address the matters raised.
Unadjusted entries included the £6.6m BSIP REFCUS classification item, £3.1m IFRS 16 adjustments, and a £2,000 error extrapolated by the auditors to £2.117m.
In response to a question, the committee was advised that the valuation of the Lakeside asset took into account rates and occupancy and had been valued in accordance with RICS guidance. Any strategies in respect of increasing occupancy was outside of the scope of audit and was a matter for the council to consider. The Deputy Director of Finance & Resources confirmed that due to its value, Lakeside had featured within the Statement of Accounts.
In respect of the register of member's interests, Ms Gates explained that it would be best practice for a periodic reminder email to be sent to all councillors to remind them of their obligations and to ask if any updates are required.
Further to a question raised as to how concerning the number of misstatements were, Mr Brittain explained that these had been flagged as amber rather than red, therefore was an area that could be improved rather than of high concern.
RESOLVED that the committee NOTED the report and thanked the auditors for their work.
The audit was reported as substantially complete, and a qualified opinion was expected, which represented progress from the previous year’s disclaimer. Assurance had been rebuilt in several areas in line with National Audit Office guidance, and overall improvements were noted.
Ernst & Young had introduced a Red, Amber, Green (RAG) rating system for audit efficiency, with most areas rated green and some identified for future improvement.
Ms Gates outlined the audit findings and confirmed that no evidence had been found of management override or inappropriate accounting judgments, and that no material misstatements had been identified in the capitalisation of revenue expenditure.
Two classification issues were identified. The first related to £6.6m of spend on improvements to bus services which had been incorrectly included as capital expenditure and recorded in Assets Under Construction, when it should have been accounted for through the Income and Expenditure Statement as REFCUS (Revenue Expenditure Funded by Capital Under Statute) as spend on assets for a third party.
This had no impact on the general fund position, as such an entry would be reversed out through the MIRS, but it did overstate both sides of the balance sheet. This would not be amended within the 2024/25 accounts but would be corrected in 2025/26.
The second related to £2.3m of in-year purchases of council dwellings which had been correctly accounted for as additions to overall non-current assets but were presented in one disclosure note as additions to Assets Under Construction rather than additions to Council Dwellings. The overall council dwelling and assets under construction totals were correct and the issue therefore had no impact on the total values reported.
Valuations of investment properties and land and buildings had been reviewed. One asset had been undervalued by £1.7m due to an incorrect land area and had been adjusted in the final accounts. The valuation of the Lakeside North Harbour asset was confirmed as within the expected range.
The Hilsea Lido asset was found to have been overstated by £4m and was corrected in the financial statements. The valuation did not fully reflect capital expenditure incurred to date through the obsolescence element of the valuation.
The pension disclosures were updated following revised figures provided by the LGPS fund’s actuary to correct an earlier error in the year-end figures, affecting only the pension disclosure notes.
A judgmental difference remained in relation to prior-year comparators and the application of updated valuation guidance. The auditors interpreted the change in guidance as requiring retrospective application, whereas the Council applied it prospectively as no such requirement was stated in the guidance; the accounts were therefore not amended.
Council dwellings were valued on a beacon basis and each beacon should be revalued at least every five years. Evidence could not be provided to demonstrate that two beacons had been revalued within the required cycle, although subsequent work confirmed that the impact was trivial and no amendment was required. This would be addressed in the 2025/26 valuations.
Although IFRS 16 (leases) had been adopted, it had not been applied in the Council’s 2024/25 accounts because its impact had been assessed as immaterial. Prior-year figures had been restated only where the impact had been material. The internal restructuring of portfolios in 2024/25 had been minimal and the Council had therefore reasoned that revised comparatives were not required.
The value for money assessment referred to one significant weakness relating to social housing self-referral and the associated regulatory judgement. This weakness had already been identified and reported by the Council, and the Council was working with the regulator to address the matters raised.
Unadjusted entries included the £6.6m BSIP REFCUS classification item, £3.1m IFRS 16 adjustments, and a £2,000 error extrapolated by the auditors to £2.117m.
In response to a question, the committee was advised that the valuation of the Lakeside asset took into account rates and occupancy and had been valued in accordance with RICS guidance. Any strategies in respect of increasing occupancy was outside of the scope of audit and was a matter for the council to consider. The Deputy Director of Finance & Resources confirmed that due to its value, Lakeside had featured within the Statement of Accounts.
In respect of the register of member's interests, Ms Gates explained that it would be best practice for a periodic reminder email to be sent to all councillors to remind them of their obligations and to ask if any updates are required.
Further to a question raised as to how concerning the number of misstatements were, Mr Brittain explained that these had been flagged as amber rather than red, therefore was an area that could be improved rather than of high concern.
RESOLVED that the committee NOTED the report and thanked the auditors for their work.
5
Annual Governance Statement
Purpose
The report seeks approval from the Governance & Audit & Standards Committee for the council's Annual Governance Statement for 2024/25.
Recommendation
The Governance & Audit & Standards Committee is asked to agree the Annual Governance Statement for 2024/25.
The report seeks approval from the Governance & Audit & Standards Committee for the council's Annual Governance Statement for 2024/25.
Recommendation
The Governance & Audit & Standards Committee is asked to agree the Annual Governance Statement for 2024/25.
Attachments:
- Document Final AGS report 2024-25 - unsigned Feb 10 Feb 2026
- Document AGS 2024-25 - final 10 Feb 2026
Minutes
Paul Somerset, Deputy Chief Internal Auditor, introduced the report which sought approval from the committee for the council's Annual Governance Statement (AGS) for 2024/25. He advised that the final Annual Governance Statement was unchanged from the draft, which had been previously considered by the committee.
Proposed by Councillor Stuart Brown and seconded by Councillor Graham Heaney it was RESOLVED that the Committee AGREED the Annual Governance Statement 2024/25.
Proposed by Councillor Stuart Brown and seconded by Councillor Graham Heaney it was RESOLVED that the Committee AGREED the Annual Governance Statement 2024/25.
6
Statement of Accounts 2024-25
Report to follow under separate cover, however the unaudited 2024-25 Statement of Accounts can be viewed via the below link:
Publication of accounts - Portsmouth City Council
Purpose
The purpose of this report is for the committee to consider the Statement of Accounts for 2024/25.
Recommendations
It is recommended that:
(i) the Statement of Accounts be approved;
(ii) authority be delegated to the Chair of the Governance and Audit and Standards Committee to sign an amended 2024/25 Statement of Accounts after the 18 February 2026 should this be required following comments by the auditor.
Publication of accounts - Portsmouth City Council
Purpose
The purpose of this report is for the committee to consider the Statement of Accounts for 2024/25.
Recommendations
It is recommended that:
(i) the Statement of Accounts be approved;
(ii) authority be delegated to the Chair of the Governance and Audit and Standards Committee to sign an amended 2024/25 Statement of Accounts after the 18 February 2026 should this be required following comments by the auditor.
Attachments:
- Document Annual Statement of Accounts Report 24 25 for GAS 10 Feb 2026
- Document Appendix 1 - List of Non-Trivial Amendments Made By the Director of Finance and Resources 10 Feb 2026
- Document Appendix 2 - Portsmouth City Council Statement of Accounts 2024-25 Final 10 Feb 2026
Minutes
Richard Webb, Deputy Director of Finance & Resources, introduced the report, which presented the Statement of Accounts for 2024/25.
He apologised for the late publication of the papers, explaining that this was a consequence of the ongoing audit work. The recommendation sought the approval of the Statement of Accounts, with authority delegated to the Chair of the Governance & Audit & Standards Committee to sign and amend if required following auditor comments.
He drew the committee's attention to an updated Appendix, the table for which contained three additional items. A copy of the revised appendix is appended to these minutes.
Proposed by Councillor Stuart Brown and seconded by Councillor Graham Heaney it was RESOLVED that:
(i) the Statement of Accounts be approved; and
(ii) authority be delegated to the Chair of the Governance and Audit and Standards Committee to sign an amended 2024/25 Statement of Accounts after the 18 February 2026 should this be required following comments by the auditor.
He apologised for the late publication of the papers, explaining that this was a consequence of the ongoing audit work. The recommendation sought the approval of the Statement of Accounts, with authority delegated to the Chair of the Governance & Audit & Standards Committee to sign and amend if required following auditor comments.
He drew the committee's attention to an updated Appendix, the table for which contained three additional items. A copy of the revised appendix is appended to these minutes.
Proposed by Councillor Stuart Brown and seconded by Councillor Graham Heaney it was RESOLVED that:
(i) the Statement of Accounts be approved; and
(ii) authority be delegated to the Chair of the Governance and Audit and Standards Committee to sign an amended 2024/25 Statement of Accounts after the 18 February 2026 should this be required following comments by the auditor.
7
Treasury Management Quarter 3 Review 2025/26
Purpose
The purpose of the report is to inform members and the wider community of the Council’s Treasury Management position, i.e., its borrowing and cash investments as of 31 December 2025 and of the risks attached to that position.
Whilst the Council has a portfolio of investment properties and some equity shares which were acquired through the capital programme; these do not in themselves form part of the treasury management function.
Recommendations
(i) That the Council's Treasury Management activities have remained within the Treasury Management Policy 2025/26 in the period up to 31 December 2025 and
(ii) the actual Treasury Management indicators as at 31 December 2025 set out in Appendix A be NOTED.
The purpose of the report is to inform members and the wider community of the Council’s Treasury Management position, i.e., its borrowing and cash investments as of 31 December 2025 and of the risks attached to that position.
Whilst the Council has a portfolio of investment properties and some equity shares which were acquired through the capital programme; these do not in themselves form part of the treasury management function.
Recommendations
(i) That the Council's Treasury Management activities have remained within the Treasury Management Policy 2025/26 in the period up to 31 December 2025 and
(ii) the actual Treasury Management indicators as at 31 December 2025 set out in Appendix A be NOTED.
Attachments:
- Document Qtr 3 Treasury Management Review 25-26 with Appendix A Final 10 Feb 2026
Minutes
Helen Klemm, Finance Manager, introduced the report which updated on the council's treasury management activities as at 31 December 2025.
She advised the committee that there had been no breaches of the agreed Treasury Management Policy, there had been no new borrowing during the quarter and sufficient liquidity had been maintained.
In response to a question, the committee was advised that the levels of borrowing against the approved limit varied at different times of the year and that the quarterly reports represented a summary of that particular time period. Any variation between quarters represented the amount borrowed and the amount of repaid debt during that quarter.
RESOLVED that:
(i) the Council's Treasury Management activities have remained within the Treasury Management Policy 2025/26 in the period up to 31 December 2025 and
(ii) the actual Treasury Management indicators as at 31 December 2025 set out in Appendix A be NOTED.
She advised the committee that there had been no breaches of the agreed Treasury Management Policy, there had been no new borrowing during the quarter and sufficient liquidity had been maintained.
In response to a question, the committee was advised that the levels of borrowing against the approved limit varied at different times of the year and that the quarterly reports represented a summary of that particular time period. Any variation between quarters represented the amount borrowed and the amount of repaid debt during that quarter.
RESOLVED that:
(i) the Council's Treasury Management activities have remained within the Treasury Management Policy 2025/26 in the period up to 31 December 2025 and
(ii) the actual Treasury Management indicators as at 31 December 2025 set out in Appendix A be NOTED.
8
Treasury Management Policy for 2026/27
Purpose
The purpose of this report is to obtain the Council’s approval of the updated Treasury Management Policy Statement, which includes the Annual Investment Strategy.
Recommendation
RECOMMENDED that the Committee notes the recommendations in section 3 of the report which will be considered by Cabinet for onward recommendation to Full Council.
The purpose of this report is to obtain the Council’s approval of the updated Treasury Management Policy Statement, which includes the Annual Investment Strategy.
Recommendation
RECOMMENDED that the Committee notes the recommendations in section 3 of the report which will be considered by Cabinet for onward recommendation to Full Council.
Attachments:
- Document Treasury Management Cover Report and Policy 2026-27 10 Feb 2026
Minutes
Karen Thomas, Bank & Tax Accountant, introduced the report which sought Council’s approval of the updated Treasury Management Policy Statement which included the Annual Investment Strategy.
She confirmed that the policy contained no significant changes from the previous year and prioritised security, liquidity and yield, with revised investment limits based upon expected cash flows.
RESOLVED that the committee NOTED the recommendations in section 3 of the report that will go on to Full Council for approval.
She confirmed that the policy contained no significant changes from the previous year and prioritised security, liquidity and yield, with revised investment limits based upon expected cash flows.
RESOLVED that the committee NOTED the recommendations in section 3 of the report that will go on to Full Council for approval.
9
Data Security Breaches Report
Purpose
The purpose of this report is to inform the committee of any data security breaches and enable it to determine whether any trends appear and whether any further actions should be recommended.
Recommendation
RECOMMENDED that the Governance & Audit & Standards Committee notes the breaches that have occurred between 1 July 2025 and 30 January 2026.
The purpose of this report is to inform the committee of any data security breaches and enable it to determine whether any trends appear and whether any further actions should be recommended.
Recommendation
RECOMMENDED that the Governance & Audit & Standards Committee notes the breaches that have occurred between 1 July 2025 and 30 January 2026.
Attachments:
Minutes
Helen Magri, Corporate Information Governance & Data Protection Officer, introduced the report which detailed all data security breaches since the previous report to enable members to determine whether any trends appear and whether any further actions should be recommended.
She advised that there had been 67 breaches between July 2025 and January 2026, which had mostly been emails sent to incorrect recipients. The majority of these had been sent to internal recipients and none of the incidents had reached the threshold for reporting to the Information Commissioner’s Office.
The committee noted the absence of significant trends and agreed that no further actions were required.
RESOLVED that the committee NOTED the breaches that had occurred between 1 July 2025 and 30 January 2026.
She advised that there had been 67 breaches between July 2025 and January 2026, which had mostly been emails sent to incorrect recipients. The majority of these had been sent to internal recipients and none of the incidents had reached the threshold for reporting to the Information Commissioner’s Office.
The committee noted the absence of significant trends and agreed that no further actions were required.
RESOLVED that the committee NOTED the breaches that had occurred between 1 July 2025 and 30 January 2026.
10
Internal Audit Performance Status Report to 30th January 2026
Purpose
The purpose of this report is to update the Governance and Audit and Standards Committee on the Internal Audit Performance for 2025/26 to 30 January 2026 against the Annual Audit Plan, highlight areas of concern and areas where assurance can be given on the internal control framework.
Recommendations
It is recommended that Members note the Audit Performance for 2025-26 to 30 January 2026.
The purpose of this report is to update the Governance and Audit and Standards Committee on the Internal Audit Performance for 2025/26 to 30 January 2026 against the Annual Audit Plan, highlight areas of concern and areas where assurance can be given on the internal control framework.
Recommendations
It is recommended that Members note the Audit Performance for 2025-26 to 30 January 2026.
Attachments:
- Document Internal Audit Progress Report February 2026 10 Feb 2026
- Document Appendix A Internal Audit Progress Report February 2026 10 Feb 2026
Minutes
Paul Somerset, Deputy Chief Internal Auditor, introduced the report which updated on the internal audit performance for 2025-26 to 30 January 2026 against the Annual Audit Plan.
RESOLVED that the Governance & Audit & Standards Committee NOTED the Audit Performance for 2025-26 to 30 January 2026.
RESOLVED that the Governance & Audit & Standards Committee NOTED the Audit Performance for 2025-26 to 30 January 2026.
11
Internal Audit Plan for 2026-27
Purpose
The report presents the proposed Internal Audit Plan for 2026/27 to the committee for approval, as set out in Appendix A.
Recommendation
That members approve the proposed Internal Audit Plan for 2026/27.
The report presents the proposed Internal Audit Plan for 2026/27 to the committee for approval, as set out in Appendix A.
Recommendation
That members approve the proposed Internal Audit Plan for 2026/27.
Attachments:
- Document PCC Internal Audit Plan February 2026 Covering 10 Feb 2026
- Document PCC 2026-27 Audit Plan Final Appendix A 10 Feb 2026
Minutes
Paul Somerset, Deputy Chief Internal Auditor, introduced the report which presented the proposed Internal Audit Plan for 2026/27 to the committee for approval.
He detailed the annual risk assessment and the consultation undertaken with senior officers and the Chair of the committee to identify the highest areas of risk to form the focus for the audit.
The plan was approved, with flexibility to adjust throughout the year as needed.
In response to questions, the Deputy Chief Internal Auditor confirmed that there was flexibility to adjust the audit focus throughout the year to address any new high risk areas that may be identified.
Proposed by Councillor Stuart Brown and seconded by Councillor Graham Heaney it was
RESOLVED that the Governance & Audit & Standards Committee APPROVED the proposed Internal Audit Plan for 2026/27.
He detailed the annual risk assessment and the consultation undertaken with senior officers and the Chair of the committee to identify the highest areas of risk to form the focus for the audit.
The plan was approved, with flexibility to adjust throughout the year as needed.
In response to questions, the Deputy Chief Internal Auditor confirmed that there was flexibility to adjust the audit focus throughout the year to address any new high risk areas that may be identified.
Proposed by Councillor Stuart Brown and seconded by Councillor Graham Heaney it was
RESOLVED that the Governance & Audit & Standards Committee APPROVED the proposed Internal Audit Plan for 2026/27.
12
Anti-Money Laundering and Anti-Tax Evasion Policies
Purpose
The purpose of this report is to present the updated Anti-Money Laundering and Anti-Tax Evasion Policies to the Governance & Audit & Standards Committee for approval.
Recommendations
It is recommended that Members approve:
(i) the updated Anti-Money Laundering and Anti-Tax Evasion Policies and reporting forms (attached as Appendices A, A(i) and B and B(i) respectively).
(ii) that the Chief Internal Auditor and officers nominated by her have delegated authority to make minor changes to both policies in consultation with the Director of Finance and Resources and the City Solicitor and Monitoring Officer.
The purpose of this report is to present the updated Anti-Money Laundering and Anti-Tax Evasion Policies to the Governance & Audit & Standards Committee for approval.
Recommendations
It is recommended that Members approve:
(i) the updated Anti-Money Laundering and Anti-Tax Evasion Policies and reporting forms (attached as Appendices A, A(i) and B and B(i) respectively).
(ii) that the Chief Internal Auditor and officers nominated by her have delegated authority to make minor changes to both policies in consultation with the Director of Finance and Resources and the City Solicitor and Monitoring Officer.
Attachments:
- Document Internal Audit - Policies February 2026 10 Feb 2026
- Document AppendixA PCC AMLPolicyfinaldraft 10 Feb 2026
- Document AppendixAi AML reportingform 10 Feb 2026
- Document Appendix B PCC ATE Policyfinaldraft 10 Feb 2026
- Document Appendix B(i) ATE reportingform 10 Feb 2026
- Document AppendixC IIA AMLPolicy 10 Feb 2026
- Document Appendix D IIA ATEPolicy 10 Feb 2026
Minutes
Paul Somerset, Deputy Chief Internal Auditor, introduced the report which present the updated Anti-Money Laundering and Anti-Tax Evasion Policies to the committee for approval.
In response to questions, he explained that the updates reflected legislative changes along with best practice and confirmed that the relevant e-learning training module would be updated accordingly.
Proposed by Councillor Stuart Brown and seconded by Councillor Graham Heaney it was RESOLVED that the Governance & Audit & Standards Committee APPROVED:
(i) the updated Anti-Money Laundering and Anti-Tax Evasion Policies and reporting forms (attached as Appendices A, A(i) and B and B(i) respectively); and
(ii) that the Chief Internal Auditor and officers nominated by her have delegated authority to make minor changes to both policies in consultation with the Director of Finance and Resources and the City Solicitor and Monitoring Officer.
In response to questions, he explained that the updates reflected legislative changes along with best practice and confirmed that the relevant e-learning training module would be updated accordingly.
Proposed by Councillor Stuart Brown and seconded by Councillor Graham Heaney it was RESOLVED that the Governance & Audit & Standards Committee APPROVED:
(i) the updated Anti-Money Laundering and Anti-Tax Evasion Policies and reporting forms (attached as Appendices A, A(i) and B and B(i) respectively); and
(ii) that the Chief Internal Auditor and officers nominated by her have delegated authority to make minor changes to both policies in consultation with the Director of Finance and Resources and the City Solicitor and Monitoring Officer.
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