The Finance & Resources Committee’s main responsibility is to advise Parliament and its Standing Committees on matters affecting the finances of the Inn.
The Committee also has responsibility for: -
- Monitoring the financial position of the Inn during the course of the year and preparation of the annual financial statements;
- The preparation of an annual budget;
- The preparation and review of the Inn’s medium-term financial projections;
- Approval and review of the Inn’s investment policy and monitoring the performance of investments;
- Approval and development of the Inn’s remuneration policies and practices;
- Oversight of the management of the catering services provided by the Inn;
- Oversight of the management of commercial events within the Inn, including filming, merchandising, and other commercial activities, including the development of such activities;
- Oversight of the management of the Inn’s Information Technology resources and the development of such resources;
- Monitoring of the Inn’s asset register;
- Monitoring and review of the Inn’s arrangements for business continuity management;
- Oversight of the management of the Inn’s records;
- Oversight of the Inn’s compliance with data protection legislation;
- Oversight of the Risk Register insofar as it relates to the responsibilities of the committee;
- Oversight of the Inn’s insurance arrangements; and
- Liaison with the Trustees of the Middle Temple Pension & Assurance Scheme and the Middle Temple Trust Funds
The Director of Corporate Services is the Secretary to the Committee.
Full Committee membership listed below.
Committee members