193 Risk Management – Corporate Risk Register Update PDF 257 KB
This report updates Councillors on the position of the Council’s Corporate Risk Register. The main updates are as follows:
· The reporting of the Register continues in the updated format for this quarter;
· Material updates to the risks are summarised at sections 11-15.
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 'B' to these Minutes in the Minute Book.
The Committee received an interim update on the Council’s Corporate Risk Register for Quarter 4 of 2022/23 with material updates highlighted and listed for the Committee. Whilst routine review continued to be undertaken on a planned basis by the Corporate Management Board, a more strategic review was taking place in the next few days and the outcome of that review would be reported to the meeting of the Committee in July. It was explained that the strategic review would provide an opportunity to discuss and test each risk in more detail taking account of learning from within the Council and of best practice elsewhere. The review would also aim to ensure that risks were worded in such a way that they were as assessable as they could be and this was specifically welcomed by Members.
RESOLVED that the Audit and Governance Committee note the update provided relating to Corporate Risks.
Voting: Unanimous