Agenda

Venue: Conference Rooms 1 and 2, Ground Floor, Palestra, 197 Blackfriars Road, London, SE1 8NJ

Contact: Sue Riley, Secretariat Officer 

Items
No. Item

1.

Apologies for Absence and Chair's Announcements

2.

Declarations of Interests

General Counsel

 

Members are reminded that any interests in a matter under discussion must be declared at the start of the meeting, or at the commencement of the item of business. 

 

Members must not take part in any discussion or decision on such a matter and, depending on the nature of the interest, may be asked to leave the room during the discussion.

3.

Minutes of the Meeting of the Committee held on 16 March 2022 pdf icon PDF 242 KB

General Counsel

 

The Committee is asked to approve the minutes of the meeting of the Committee held on 16 March 2022 and authorise the Chair to sign them.

 

 

4.

Matters Arising and Actions List pdf icon PDF 13 KB

General Counsel

 

The Committee is asked to note the updated actions list.

Additional documents:

5.

Annual Report 2021/22 - To Follow

Chief Customer and Strategy Officer

 

The Committee is asked to note the Annual Report and the delegation to the Chief Customer and Strategy Officer to make any adjustments prior to submission to the Board.

 

 

6.

TfL Statement of Accounts for the Year Ended 31 March 2022 - To Follow

Chief Finance Officer

 

The Committee is asked to note the draft Statement of Accounts and the delegation to the Chief Finance Officer to make any adjustments arising from the ongoing audit work prior to submission to the Board.

 

 

External Audit Items

7.

EY Report to Those Charged with Governance - To Follow

Chief Finance Officer

 

The Committee is asked to note the paper.

8.

EY Letter on Independence and Objectivity pdf icon PDF 251 KB

Chief Finance Officer

 

The Committee is asked to note the paper.

Additional documents:

9.

EY Report on Audit and Non-Audit Fees for Six Months Ended 31 March 2022 pdf icon PDF 108 KB

Chief Finance Officer

 

The Committee is asked to note the report.

Additional documents:

10.

Annual Audit Fee 2022/23 pdf icon PDF 113 KB

Chief Finance Officer

 

The Committee is asked to note the paper.

Additional documents:

Audit, Risk and Assurance Items

11.

Risk and Assurance Quarter 4 Report 2021/22 pdf icon PDF 269 KB

Director of Risk and Assurance

 

The Committee is asked to note the report and the supplementary information on Part 2 of the agenda.

Additional documents:

12.

Risk and Assurance Annual Report 2021/22 pdf icon PDF 505 KB

Director of Risk and Assurance

 

The Committee is asked to note the report.

Additional documents:

13.

Independent Investment Programme Advisory Group Quarterly Report pdf icon PDF 531 KB

General Counsel

 

The Committee is asked to note the report, the management response and the supplementary information on Part 2 of the agenda.

Additional documents:

14.

Elizabeth Line Programme Assurance Quarter 4 Report 2021/22 pdf icon PDF 134 KB

Director of Risk and Assurance

 

The Committee is asked to note the report.

Additional documents:

Accounting and Governance

15.

Review of Governance and the Annual Governance Statement for Year Ended 31 March 2022 pdf icon PDF 304 KB

General Counsel

TheCommittee is asked to note the paper and approve the Annual Governance Statement, as set out in Appendix 1 of this paper, for signing by the Chair of TfL and the Commissioner, for inclusion in the 2021/22 Annual Report and Accounts and note the progress against the 2021/22 improvement plan, as set out in Appendix 2 and the plan for 2022/23, as set out in Appendix 3.

 

16.

Legal Compliance Report (1 October 2021 - 31 March 2022) pdf icon PDF 462 KB

General Counsel

 

The Committee is asked to note the report.

17.

Finance Control Environment Trend Indicators pdf icon PDF 14 KB

Chief Finance Officer

 

The Committee is asked to note the paper.

Additional documents:

18.

Register of Gifts and Hospitality for Members and Senior Staff pdf icon PDF 138 KB

General Counsel

 

The Committee is asked to note the paper.

Additional documents:

19.

Members' Suggestions for Future Discussion Items pdf icon PDF 105 KB

General Counsel

 

The Committee is asked to note the forward plan and is invited to raise any suggestions for future discussion items for the forward plan and for informal briefings.

Additional documents:

20.

Any Other Business the Chair Considers Urgent

The Chair will state the reason for urgency of any item taken.

21.

Date of Next Meeting

Wednesday, 21 September 2022 at 10.00am

22.

Exclusion of Press and Public

The Committee is recommended to agree to exclude the press and public from the meeting, in accordance with paragraphs 3, 5 & 7 of Schedule 12A to the Local Government Act 1972 (as amended), in order to consider the following items of business.

 

Agenda Part 2

23.

Risk and Assurance Quarter 4 Report 2021/22

Director of Risk and Assurance

 

Exempt supplementary information relating to the item on Part 1.

 

 

24.

Independent Investment Programme Advisory Group Quarterly Report

General Counsel

 

Exempt supplementary information relating to the item on Part 1.