The FCA has published a report produced by Boardroom Review which was commissioned by the FCA board to undertake a review of its effectiveness.
The review was conducted between June and October 2015 and the outcome considered by the board at its meetings in October and December 2015.
The review highlighted many strengths of the board and contained a number of recommendations to enhance its effectiveness.
The board accepts all the recommendations and where necessary is taking steps to implement them.
The recommendations concern the management of stakeholders, board composition planning, maintaining the effectiveness of internal audit, the focus on resource allocation, attention to corporate culture, executive development and succession, and the balance and prioritisation of the board and committee agendas.
In 2014, the Board commissioned Independent Audit Limited to undertake a review of its effectiveness. This report is also being published.
- Copies of the Independent Evaluation http://bit.ly/1RvMGzZ
- Review of Board Effectiveness 2014 http://bit.ly/209tmdl
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