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 Finance & Corporate Services is the Secretary to the Committee.
The current Chair of the Committee is Master Jonathan Peacock. Full Committee membership can be viewed using the menu link on the left hand side of the screen.