Issue - meetings

Annual Review of the Risk Management Strategy

Meeting: 13/02/2024 - Cabinet (Item 15)

15 Risk Strategy Annual Review pdf icon PDF 110 KB

Additional documents:

Minutes:

Background:

 

This report presented the annual review of the Risk Strategy. The 2024/25 Risk Strategy was attached at Appendix 1 of the report. The 2023/24 Risk Strategy was attached at Appendix 2 for reference.

  

The report had been considered by the Audit Committee on 10 January 2024 and its comments were set out at paragraph 7.3 of the report. The Business Support and Digital Overview and Scrutiny Committee also considered the report on 1 February 2024 but made no comments to forward to the Cabinet.

 

Decision

number:

 

Decision:

 

 

The Cabinet noted the comments of the Audit Committee, as set out at paragraph 7.3 to the report.

 

40/2024

The Cabinet approved the 2024/25 Risk Strategy at Appendix 1, which set 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.