The Audit Committee
The primary purpose of the Committee is to provide assistance to the Supervisory Board in fulfilling its legal and fiduciary obligations with respect to matters involving the accounting, auditing, financial reporting and internal control functions of the firm.
The Partner Affairs Committee
The primary purpose of the Committee is to ensure all partners are treated fairly, which includes monitoring and overseeing the annual partner income moderation process, reviewing partner medical provision, development, changes to benefits, flexible working and diversity. It also ensures that appropriate processes and procedures are in place to provide robust governance for example on direct partner admissions, retired partner programme and involuntary retirements.
The Risk Committee
The primary purpose of the Committee is to review, on behalf of the Supervisory Board, management’s risk framework, assessment and recommendations on enterprise wide risks including financial, operational and reputational risk.
The Talent and Remuneration Committee (T&RC)
The primary purpose of the Committee is to review the remuneration, talent development and, where appropriate, succession plans for the T&RC population. The T&RC population is defined as the UK Senior Partner, members of the Management Board (“MB”) and any UK partners on the Global Leadership Team or EMEA Leadership Team.
