Detail of outcome
The triennial review of the Export Guarantees Advisory Council (EGAC) has concluded and the result has been announced to Parliament via a written ministerial statement.
The review concluded that the functions performed by EGAC are still required and that it should be retained as an advisory non-departmental public body (NDPB). The review also considered the EGAC’s governance arrangements in line with Cabinet Office guidance on good corporate governance and made recommendations in this respect.
The review was announced by Lord Green in a written ministerial statement on 9 October. It forms part of the government’s commitment on public bodies reform to review at least once every three years the role, functions and operations of public bodies. It will be conducted in line with Cabinet Office guidelines.
UK Export Finance intends to conclude the review by the end of 2013. To meet this timetable, interested parties wishing to make representations should submit these by 12 November.
Contributions are particularly invited from parties that have had contact with EGAC in recent years, principally non-governmental organisations and trade bodies.
How to respond
Respondents are encouraged to consider the review questions and the background information below.
Enquiries on the review and final responses can be emailed to UK Export Finance at firstname.lastname@example.org, or you can write to:
Pat Cauthery, UK Export Finance, 1 Horse Guards Road, London, SW1A 2HQ
- Is the existing function of EGAC still required?
- How should the function be best delivered?
- Does EGAC benefit from the advantages of being an arms-length body, such as having the ability to act independently to establish facts and to be politically impartial?
- How well is EGAC delivering its function?
- What other possible delivery options are there for EGAC’s function?