The SBS Board has three standing committees for considering a wide range of detailed issues and making recommendations for consideration by the Board.

Audit and Risk Committee

The SBS Audit and Risk Committee met four times during the year and considered the findings and recommendations of audits conducted by both the Australian National Audit Office (ANAO) and SBS’s internal auditor.

The Audit and Risk Committee also considered and gave direction on a wide range of issues, including approval of the annual internal audit program, investment and financing activities, risk management framework and strategy, and financial statements audit.

The charter setting out the functions of the Audit and Risk Committee can be found on the SBS website at sbs.com.au/aboutus/sbs-audit-and-risk-committee-charter.

Codes Review Committee

The Codes Review Committee considers proposed amendments and other issues relating to the SBS Codes of Practice and the SBS Editorial Guidelines. The Committee met three times to consider the current review process for the SBS Codes of Practice 2014 including consultation with the Community Advisory Committee and related regulatory developments. There were no amendments to the SBS Codes of Practice 2014 during the reporting period.

Remuneration Committee

The Remuneration Committee oversees the SBS policies for remuneration of the Managing Director and the SBS Executive. The Committee met three times during the year.