Ministers have a statutory duty to consult EGAC on matters related to the provision of reinsurance by UK Export Finance to the private credit insurance market.
The council doesn’t provide advice on decisions UK Export Finance makes to support individual export transactions and projects, although it does carry out reviews to understand how UK Export Finance’s principles and policies are applied in practice. As appropriate, it also gives advice on how these might be further developed.
Our main function is to provide advice on UK Export Finance’s work, so our priorities reflect the work UK Export Finance has set out for the year.
Who we are
The council has 8 members, each representing a separate area of expertise. The members come from industry, government and academia, and are appointed by UK Export Finance’s ministers.