Decision Maker:

Outcome: For Determination

Is Key Decision?: No

Is Callable In?: No

Date of Decision: November 27, 2025

Purpose:

Content: (i)       to note the update provided in relation to the governance risk rating of BPJV; (ii)      to note the level of assurance provided by each ALEO on governance arrangements, risk management and financial management respectively and the risk ratings applied by the ALEO Assurance Hub, as detailed in appendices B-H; and (iii)      to note that the ALEO Assurance Hub would discuss any outstanding issues specified in the appendices with ALEO representatives, with a view to maintaining low/very low risk ratings and improving any medium risk ratings to low/very low.