Issue - meetings

To receive the Strategic Risk Register and an update on the Risk Strategy.

The Audit and Governance Lead Manager presented the Strategic Risk Register & Updated Risk Strategy.

The report detailed the current corporate risks faced by the Council and the mitigation it had put in place to manage the risks.  It also provided an update on the Council's Risk Management Strategy. The purpose of the strategy was to assist the Council in effectively managing potential opportunities and threats to the Council achieving its objectives.

With regard to the Strategy, this was a revamp of the previously agreed document and incorporated best practice, aims and objectives and risk appetite.  The risk management process was underpinned by additional governance, risk management and responsibility.

The Monitoring Officer asked Members to consider an additional recommendation which gave the Monitoring Officer and the S151 Officer delegated power to amend the risk strategy to make it a workable document.

RESOLVED – that:

a)    the contents of the Corporate Risk Register be noted;

b)   the updated Risk Management Strategy be approved; and

c)    delegated authority be granted to the Monitoring Officer and the S151 Officer to make the relevant amendments to the Risk Strategy.