As recommended by the Securities and Exchange Commission (SEC), GSK established a Disclosure Committee (the Committee).
The Committee reports to the Chief Executive Officer, the Chief Finance Officer and to the Audit & Risk Committee. It is chaired by the Company Secretary and the members consist of senior managers from finance, legal, compliance, corporate communications and investor relations. External legal counsel, the external auditors and internal experts are also invited to attend the Committee's meetings periodically.
The committee has responsibility for considering the materiality of information and on a timely basis, determining the disclosure and treatment of material information. The Committee also has responsibility for the timely filing of reports with the SEC and the formal review of the contents of GSK's Annual Report and Form 20-F.