Strategic commercial interventions - initiating companies in public ownership: standard operating procedures - part 1
Provides guidance on initiating companies in public ownership to be applied in circumstances where officials are required to initiate a new public company as a public corporation or non-departmental public body (NDPB), or where an existing private company is brought under ministerial control or public ownership.
Annex B - Framework Documents – Contents Overview
Framework Contents Overview
Introduction
Policies, Frameworks, Guidance Documents for reference in each content section
Outlines the:
- Key roles and responsibilities of Ministers, the board, CEO and as the AO and the Portfolio AO within SG.
- Objectives of the body
- Classification and ownership arrangements of the body
Framework Contents Overview
Purpose
Policies, Frameworks, Guidance Documents for reference in each content section
Briefly explains key duties, functions, powers and aims of the public body.
Framework Contents Overview
Governance & Accountability:
- The Board
- The Chief Executive Officer
- The Accountable Officer
- The Scottish Ministers
- SG Portfolio Accountable Officer
- Responsibilities for accounting and reporting to Scottish Parliament
- Board Committees
Policies, Frameworks, Guidance Documents for reference in each content section
References:
- Code of Practice for Ministerial Public Appointments in Scotland
- Programme for Government
- National Performance Framework
- Best Value Guidance
- On Board – A Guide for Members of Statutory Boards
- Appraisal & Value section of the SPFM
- Memorandum to Accountable Officers for Other Public Bodies in the Scottish Public Finance Manual
- Memorandum to Accountable Officers for Parts of the Scottish Administration
Framework Contents Overview
Relationship between Scottish Ministers and the Public Body
Policies, Frameworks, Guidance Documents for reference in each content section
Explains the:
- Strategic engagement between SG and the public body;
- Role of the policy sponsorship team;
- Matters reserved for Ministers;
- Reporting on performance against objectives to the sponsorship team;
- Reporting on ESG KPIs;
- Management information to be shared with the sponsorship team; and
- Reporting on legal risk, litigation, FOIs.
Framework Contents Overview
Staff Management responsibilities:
- Pensions, Redundancy & Compensation
- Pay & Conditions of Service
Policies, Frameworks, Guidance Documents for reference in each content section
References:
- Pay Policy for Staff Pay Remits
- Tax Planning and Tax Avoidance section of the SPFM
- Non-Salary Rewards section of the SPFM
- SG’s Pay Policy for Senior Appointments
- Settlement Agreements, Severance, Early Retirement and Redundancy Terms section of the SPFM
Framework Contents Overview
Corporate & Business Plans
Policies, Frameworks, Guidance Documents for reference in each content section
References:
- Business Plan
- Corporate / Strategic Plan
- National Performance Framework
- Environmental, Social and Governance framework and KPIs
Framework Contents Overview
Annual reports & Accounts
Policies, Frameworks, Guidance Documents for reference in each content section
References compliance with the Financial Reporting Manual (FReM)
Framework Contents Overview
External Audit
Outlines the process for external audits
Framework Contents Overview
Internal Audit
Policies, Frameworks, Guidance Documents for reference in each content section
References:
- Public Sector Internal Audit Standards section of the SPFM
- Internal Audit section of the SPFM
- Audit Committees section of the SPFM
- Audit and Assurance Committee Handbook
Framework Contents Overview
Budget Management & Delegated Authority
Policies, Frameworks, Guidance Documents for reference in each content section
References the Annual Budget Processing section in the SPFM.
Framework Contents Overview
Governance & Risk:
- Risk Management
- Internal Control
- Budget & Finance
- Remuneration
- Banking & Cash Management
Policies, Frameworks, Guidance Documents for reference in each content section
References:
- Internal control framework in the SPFM
- Delegated Authorities
- Fraud section of the SPFM
- Major Investment Projects section of the SPFM
- requirements of the Freedom of Information (Scotland) Act 2002
- On Board - A Guide for Members of Statutory Boards
- Audit and Assurance Committee Handbook
- Public Sector Cyber Resilience Framework
- the Tax Planning and Tax Avoidance section of the SPFM
- Fees & Charges section of the SPFM
- Gifts section of the SPFM
- Non-Salary Rewards section of the SPFM
- Borrowing, Lending & Investment section of the SPFM
- Contingent Liabilities section of the SPFM
- Property: Acquisition, Disposal & Management section of the SPFM
- SG Asset Management Policy
- Clawback guidance in the SPFM
- Losses and Special Payments section of the SPFM
- Procurement section of the SPFM
- Expenditure and Payments section of the SPFM
- Insurance section of the SPFM
- Grant & Grant in Aid section of the SPFM
- Banking section of the SPFM
Framework Contents Overview
Reviews & Winding Up Arrangements
Policies, Frameworks, Guidance Documents for reference in each content section
Outlines the
Review of the public body’s status as a public corporation
Policies, Frameworks, Guidance Documents for reference in each content section
Arrangement if the public body as a public corporation is wound up
Framework Contents Overview
Specific Delegated Financial Authorities
Outlines the transactions and their respective delegated limits
Contact
Email: SCADPMO@gov.scot