Prudential Tightens Audit Committee Mandate to Bolster Financial Oversight
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Prudential plc has announced an update to its Audit Committee's terms of reference, effective January 1, 2026. The revised mandate enhances oversight of financial reporting, internal controls, and audit functions, clarifying the committee's responsibilities across all business units. It emphasizes the need for financial expertise among independent non-executive members and establishes structured interactions with the Risk Committee and senior executives. These changes aim to strengthen governance, ensure regulatory compliance, and boost stakeholder confidence in Prudential's financial oversight.
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