152 Risk Management – Corporate Risk Register Update PDF 259 KB
This report updates Councillors on the position of the Council’s Corporate Risk Register.
Additional documents:
Minutes:
The Risk and Insurance Manager presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'G' to these Minutes in the Minute Book.
The Committee received an update on the position of the Council’s Corporate Risk Register and were reminded particularly of the separate discussion at their extra meeting on 20th October 2022 relating to Corporate Risk 9 (Failure to maintain a safe and balanced budget for the delivery of services) and Corporate Risk 13 (Failure to deliver the transformation programme). A review of Risk Management arrangements generally would also be the subject of discussion at the extra meeting of the Committee on 01 December 2022.
It was reported that the Register continued to be presented in the updated format for the quarter with five risks updated to reflect a new risk owner and no new risks added or removed during the quarter. Material updates were also summarised.
In response to questions, the high focus on this subject provided by the Chief Executive and the senior management of the Council was underlined and the Committee itself confirmed its commitment to the current risk management approach. A number of the risks currently identified had been brought forward for inclusion on the list by the Committee itself. The Committee was assured that any developments relating to the climate change risk would be made available to the Committee members.
RESOLVED that the Audit and Governance Committee notes the update provided relating to Corporate Risks.
Voting: Unanimous