The Audit and Risk Committee was set up by Council to:

• provide independent guidance and advice to the University Council and management on the fulfilment of their responsibility for deploying sound internal governance, risk management, effectiveness of internal controls, stewardship, oversight of financial reporting, identification and disclosure of related party transactions and the achievement of value for money practices. 
• oversee the work of the internal audit function, external auditors and other assurance providers and advise the Council on their appointment, terms of reference, scope and results of their activities. 
• oversee the implementation of and the process for monitoring compliance with laws, regulations and the Council’s policies on values and ethics particularly as regards fraud, integrity of financial reporting or other irregularity. 
• advise the Council on the adequacy and effectiveness of the university’s public accountability reporting.

Term of Appointment:
31 October 2024 up to 30 October 2025

Composition of the Committee

Chair
Mr Hilary Galea-Lauri

Members

Mr Antoine Dalli
Professor Robert Ghirlando
Mr Carlo Mifsud
Mr Roderick Psaila