Every well run organisation has operating standards and internal controls. GRNSW is no exception. Indeed we have emulated Australian best practice in this regard because we want greyhound racing to be the best run racing code in the country. The previous Operating Standards and Guidelines (introduced in 2004), outlined the minimum corporate governance, risk management, racing program, racecourse facilities and financial management standards that greyhound racing clubs must achieve to obtain registration in NSW.
However, standards do not stand still. The GRNSW Board in its strategic plan, Chasing 2020, recognised a need to modernise the Operating Standards to meet the changing challenges of our operating environment. So it undertook to review and amend the Standards to make them more practical, simple and achievable for clubs. The review also formed an important part of the Board’s ongoing commitment to regulation reform and reducing the burden of red tape within NSW greyhound racing.
The new Operating Standards were developed in close consultation with NSW greyhound racing clubs and other key stakeholders. The new Standards significantly reduce the regulatory and administrative burden on NSW greyhound racing clubs, while at the same time making it easier for clubs to comply with GRNSW registration requirements.
The streamlined standards aim to balance best practice in corporate governance with simplicity and practicality in compliance for clubs. They utilise simple language, are realistic, easy to navigate and understand, combining clear deliverables with practical tools and templates to assist clubs to comply.
The Board is confident the new standards will result in higher levels of compliance and stronger operations that will improve the risk management, performance efficiency, safety and accountability of NSW greyhound racing clubs.
I urge all officials and Committee members of clubs to read the standards. If you need help in interpreting and applying them, please call our office and you will get immediate assistance.
Professor Percy Allan AM Chairman
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