Issue - meetings

Report of the Head of Finance

Presented by the Corporate Portfolio Holder

Councillor A V Smith presented the report to members, reminding them that the Council was responsible for ensuring its business was conducted in accordance with the law and appropriate standards.  She explained that the corporate governance policies had been reviewed to ensure that the remained fit for purpose, reflected current legislation and best practice.  She added that both policies required updating.  She advised that the policies were presented to Audit and Governance Committee which had provided comments for consideration by Cabinet.  She added that no changes were proposed as a result of the comments made.

It was moved by Councillor A V Smith, seconded by Councillor T J Pendleton and

RESOLVED THAT:

a)     The Anti-Fraud and Corruption Policy be approved taking into account comments from the Audit and Governance Committee;

b)     The Anti-Money Laundering Policy be approved; and

c)     Authority be delegated to the Head of Finance, in consultation with the Corporate Portfolio Holder, to make any minor and consequential amendments to the Anti-Fraud and Corruption Policy or the Anti-Money Laundering Policy resulting from changes in legislation and practical circumstances (e.g. restructures).

Reason for decision: To formally approve the Council’s updated Anti-Fraud and Corruption Policy and Anti-Money Laundering Policy.