Venue: Wragge & Co, 3 Waterhouse Square, 142 Holborn, London

Tomorrow’s Company set up the Good Governance Forum in March 2010 in response to questions raised about the effectiveness of corporate governance in the wake of the financial crisis and the reviews by Sir David Walker and the FRC to which we contributed.

PwC and Wragge are amongst the many businesses, organisations and individual experts working together in the forum  to explore what good governance means and to make practical recommendations to company boards and policy makers- our focus is on creating practical tools which address the behaviours and cultures essential to achieving good governance.
We are delighted to invite you to join us in conversation with Lord Woolf and Richard Sykes, PwC to hear first-hand about the recent independent governance review of the International Cricket Council.

Sport and business have much to learn from each other in understanding how best to improve their governance.  Recent high profile examples include: the recent review of governance for the Rugby Football Union; the jailing of the Essex cricketer for spot fixing; and the ongoing discussion on governance of football at national and international levels.
The ICC Report focuses on the ethical issues in the global game arising from:

• conflicts of interests , both personal and institutional

•     the use of undue influence stemming from the differing financial strengths of members

•     the risk of inappropriate acceptance of gifts and hospitality; and

•     the need for confidentiality to be observed

Recommendations covered these issues as well as over the wider agenda of what the role of the ICC should be, what are the appropriate membership and funding structures for the global game and what does this mean for the overarching governing structure of the ICC itself.

Lord Woolf was the independent chair of the governance review of the ICC working with Richard Sykes of PwC and good governance forum member. They will expand on their approach to this challenging assignment and provide their personal insights into what in their opinion are the key challenges for the ICC in determining how best to implement the recommendations contained within the report.

The report has been met with a range of responses around the cricketing world with considerable press comment in particular in Australia, New Zealand and South Africa where similar governance challenges have been or are being addressed. Closer to home the Telegraph reported that the review is likely to be ‘no-balled’ by the ICC.

We look forward to you joining us for a discussion which will not only be fascinating – but also very timely, as this takes place soon after the First Test between England and the West Indies.