Functions Review Committee (FRC) (formerly Standards and Code of Ethics Development & Oversight Committee (SaCDOC))
This Committee has the following responsibilities:
- reviewing the required Standards (and related documents);
- providing overall direction for the project, including setting and agreeing to objectives, approaches and outcomes;
- reviewing the existing Standards (and related documents);
- preparing and designing consultation processes including outcomes of consultations on particular standards;
- providing assistance and advice to the relevant executives;
- identifying issues and risks that impact the project and communicating these to the FASEA staff and the Board;
- communicating critical decisions, documents and deliverables from the project to the FASEA staff and the Board; and
- working towards resolving issues and where these cannot be resolved, recommending possible solution(s) to the Board.
Visit
https://www.transparency.gov.au/annual-reports/financial-adviser-standards-and-ethics-authority-ltd/reporting-year/2018-2019-8