Our Boards are assisted in their work by a number of committees whose members are directors of
PRS for Music follows corporate governance best practice by awarding certain responsibilities to an Audit Committee (whose remit includes financial matters, internal control and risk management) and a Nomination and Remuneration Committee (which supervises, amongst other things, succession planning and the appointment of senior executives and whose remit includes oversight of executive and non-executive remuneration).
Other committees specialise in specific areas of commercial or business focus, namely:
- the licensing of Recorded Media, Broadcast and Online services (the Licensing Committee, supported by a number of member advisory groups);
- policies surrounding royalty distribution (the Distribution Committee).