Issue - meetings

Annual Review of Risk Management Strategy and 6 Monthly Review of the Council's Corporate Business Register

Meeting: 01/10/2013 - Cabinet (Item 8)

8 Annual Review of Risk Management Strategy and 6 Monthly Review of the Council's Corporate Business Register PDF 323 KB

Minutes:

Background:

This report provided details of the annual review of the Council’s Risk Management Strategy and six monthly review of the Council’s Corporate Business Risk Register.

Members were advised that the Strategic Risk Management Group was not recommending any changes to the Risk Management Strategy. However, following review by ‘risk owners’, a number of proposed amendments to the Corporate Risk Register were set out in the report.

It was noted that the Business Support Overview and Scrutiny Committee had considered this report on 19 September 2013 and its comments were set out in paragraph 5 of the report. It was noted in the report that the Strategic Risk Management Group and ‘risk owners’ would consider the issues raised.

Decision number:

Decision:

157/2013

The Cabinet:

(a) noted the comments of the Business Support Overview and Scrutiny Committee as set out in the report;

(b) approved the Risk Management Strategy, as set out in Appendix A to the report;

(c) approved the amendments to the Council’s Risk Register as detailed in section 3 of the report.

Reasons:

The establishment of a corporate framework for risk management was recommended by CIPFA and SOLACE and would complement and support the work already being carried out within each directorate to manage risks.