Issue - meetings

Item CB 17/4 referred from Cabinet minutes of 31 January 2017

Item CB 17/4 referred from Cabinet minutes of 31 January 2017

RESOLVED:  That the recommendations at Minute CB 17/4 be approved.

The joint report of the Chief Executive and Director of Finance and Transformation presented an updated Risk Management Strategy which had been fully reviewed together with the Risk Management Guidance.  Details were given of the main changes to the risk management process which involved identified risks falling in the “red zone” being subject to “escalation” to the relevant service management team, corporate Management Team and subsequently Members as appropriate.

It was noted that the Corporate Risk Register was being updated to align with the recently approved Corporate Strategy and would be presented in due course.  The updated Risk Management Strategy had been considered by the Audit Committee at its meeting on 23 January 2017 and commended for adoption. 

RECOMMENDED:  That

(1)             the proposed change to the risk management process detailed at paragraph 1.2.2 of the report be endorsed; and

(2)             the Risk Management Strategy set out at Annex 1 to the report be adopted by the Council.

*Referred to Council