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The Board of Trustees is responsible for:  \nProviding leadership to the company  \nExercising control  \nBehaving with integrity  \nEnsuring transparency and  \naccountability  \nWorking effectively  \nPrinciples of Good  \nGovernance  \nPrinciples of Good Governance  \nThe responsibilities of a Board are founded upon the overarching principles of good governance of which there are five. Specifically, the Board of Trustees is expected to: provide leadership to the organisation; exercise control; be transparent in its dealings; and, be accountable to its members and funders. Trustees are also expected to work effectively with each other and to behave with integrity.  \n1. Providing Leadership  \nThe Board is responsible for providing leadership to the company. It does this through planning the work to be carried out and ensuring that the company is guided by a very clear purpose, vision and set of values. In providing leadership, the Board also ensures that it is accountable for its own actions and those of people acting directly on behalf of the company, such as staff members.  \n2. Exercising Control  \nThe Board is responsible for exercising control of the organisation. Exercising control is critical to an organisations stability. Therefore, the Board must ensure that risks are managed effectively and that sufficient controls are in place, to exercise management and financial control. Additionally, the Board must also ensure that the company complies with any regulatory requirements that it is subject to.  \n3. Ensuring Transparency and Accountability  \nThe Board should be both transparent and accountable in its dealings. Specifically, the Board should ensure that it engages appropriately with its membership and stakeholders. Such engagement should facilitate good communication and decisionmaking. Being accountable also requires that the Board respond appropriately to queries regarding its governance and work activities.  \n4. Working Effectively  \nThe Board is required to work effectively, both as a collective group and on behalf of the company. To this end, the Board has assigned clear roles to trustees, such as the roles of honorary chairperson and treasurer. The Board will conduct its meetings in an effective manner and e","cbCaiukkFFr5vHUf","https://ap.wps.com/l/cbCaiukkFFr5vHUf","pdf",1470424,48,"English","# Overview\n## Principles of Good Governance\n## Legal Responsibilities of Company Trustees and Company Secretaries\n## Duties of Charity Trustees\n## Management Sub-Committee Terms of Reference\n## Business Code of Conduct\n## Board Rotation and Succession Planning\n# Appendices\n## Sample Board Meeting Code of Practice\n## How to Set a Board Agenda\n## How to Take Meeting Minutes\n## Taking Minutes Template\n## Legal Duties and Conflict Procedures\n## Induction Process for New Board Trustees\n## Sample Annual General Meeting Notice & Agenda Template\n## Overview of the General Data Protection Regulation","[{\"question\":\"What are the core functions of the Board of Trustees in the handbook?\",\"answer\":\"The handbook states the Board must ensure the company achieves its mission and objectives, manage risks, monitor performance, review internal controls, supervise financial and budget planning, approve certain contracts and investments, and remain accountable to members and external stakeholders.\"},{\"question\":\"Which five principles of good governance guide trustee responsibilities?\",\"answer\":\"The handbook lists five overarching principles: providing leadership, exercising control, ensuring transparency and accountability, working effectively, and behaving with integrity.\"},{\"question\":\"What responsibilities must trustees follow regarding compliance and conflicts?\",\"answer\":\"Trustees must comply with obligations under the Companies Act 2014 and manage regulatory requirements. The handbook also covers conflict of interest and conflict of loyalty procedures and the expectation to deal openly and effectively with conflicts.\"}]","RLP Board Governance Handbook 2024 - Governance handbook | PDF",1789231860]