Now the council's audit and risk management committee will be told in a report that work to meet recommendations tabled by the Information Commissioner is making good progress.
In preparing for the July 2010 meeting of the Endocrinologic and Metabolic Drugs Advisory Committee and the Drug Safety and Risk Management Advisory Committee, the FDA sought to provide the committee members with all available data relevant to the cardiovascular safety of rosiglitazone.
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Concerned about the entire class of COX-2 inhibitors, the FDA convened a joint session of their Arthritis Advisory Committee and the Drug Safety and Risk Management Advisory Committee on February 16, 17 and 18 to advise the FDA on the risk-benefit profile for these drugs.
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Quality of corporate governance including risk committee and audit committee effectiveness and quality of disclosures by management to those board committees.
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Not one committee member has risk management expertise.
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Even though the company experienced several low-level nuclear accidents in recent years TEPCO has never appointed a board-level committee to oversee enterprise risk management, and because of the limited presence of independent directors on its board, suffered from a lack of alternate perspectives in its board room.
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They would do well to appoint independent Audit Committee members with real estate and risk management experience who are prepared to safeguard shareholder value.
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The committee will also review concussion risk factors, screening and diagnosis, treatment and management, and long-term consequences.
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Armstrong is the head of the board's audit and risk committee, which, among other things, is supposed to set guidelines for risk assessment and management.
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