SINGAPORE - The Football Association of Singapore (FAS) has announced the formation of an ad hoc committee, led by deputy president Bernard Tan, to enhance the body's governance.
The committee's recommendations had been accepted by the FAS council and more work will be done by the committee to further the checks and balances in three broad areas, it said in a statement on Thursday (June 1). These include:
1. Widening the disclosure requirements of council members, staff, volunteers and players in the FAS.
2. An external audit to assess the FAS' adherence to the April 2017 Revised Code of Governance for Charities. A third-party audit firm will be expected to also make recommendations to strengthen processes and procedures to increase checks and balances within the FAS.
3. Working on a set of member obligations to ensure good governance in the FAS' members and affiliates.
A key emphasis of the revamp is to relook the decision-making and approval procedures in the FAS.
Tan's committee had recommended that the executive committee should have oversight of key decisions like financial approvals, the appointment and remuneration of high-salaried officials and donations. Previously, key decisions were centralised between the president and general secretary.
The FAS added that the ad hoc committee aims to complete its work in four to six months. Its members are FAS deputy president Tan, FAS vice-president S. Thavaneson, lawyer Wong Ai Ai, Heeton Holdings executive director and chief executive officer Eric Teng, investment banker Keith Magnus and F&N chief executive officer Bennett Neo.