Risk Monitoring and Management  

The Group has in place a risk management framework wherein the risks faced by the Group are regularly identified, monitored and managed. Major risks are reported on at quarterly Board Meetings and the risk register is regularly updated with any emerging risks and responsibilities for managing those risks allocated.  

Chief Operating Officer’s and Chief Financial Officer’s Certificate 

As stated above the Chief Operating Officer and Chief Financial Officer confirm in writing to the Board that the financial statements present a true and fair view and that this statement is based on a sound system of financial risk management and internal compliance and controls. The statement goes on to confirm that these controls implement the policies adopted by the Board and that the Group’s financial risk management and internal compliance controls are operating efficiently and effectively in all material respects.