Issue - meetings
Risk Strategy Annual Review
Meeting: 08/02/2022 - Cabinet (Item 5)
5 Risk Strategy Annual Review 
PDF 116 KB
Additional documents:
Minutes:
Background:
This report provided details of the annual review of the Risk Strategy. The report stated that the Risk Management Strategy was reviewed annually to ensure that it remained up to date and continued to reflect the Council’s approach to risk management. The latest review of the Risk Management Strategy was attached as Appendix 1 to the report.
The annual review had been considered by the Audit Committee on 4 January 2022, details of which were set out in section 5 of the report. The Business Support Overview and Scrutiny Committee had also considered this report on 25 January 2022 and its comments were set out in section 6 of the report.
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Decision number: |
Decision: |
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The Cabinet noted the comments of the Audit Committee, as set out in Section 5 of the report and the comments of the Business Support Overview and Scrutiny Committee, as set out in section 6 of the report. |
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7/2022 |
The Cabinet approved the 2022/23 Risk Strategy at Appendix 1, which sets out the Council’s approach to risk management. |
Reasons:
The establishment of a corporate framework for risk management is recommended by CIPFA and SOLACE and will complement and support the work already being carried out within each directorate to manage risks.