Agenda item

Recommendations of the Audit Committee in respect of Risk Management.

These are ‘to follow’ and will be circulated in advance of the meeting.

Consideration was given to the recommendations of the Audit Committee in respect of the risk management process and the Strategic Risk Register.

Due regard was given to the views of the Committee and Cabinet welcomed the work being undertaken within the Borough Council to champion risk management.

Attention was drawn to the 3 areas of risk categorised as RED as summarised below:

·       Achievement of Savings and Transformation Strategy

·       Failure to agree a Local Plan

·       Managed exit from the Agile system

On the grounds that the identification, evaluation and cost-effective control of risks was essential in safeguarding the Borough Council’s assets, employees,  customers and the delivery of services to the local community, Cabinet

*RECOMMENDED:  That

(1)            the updates to the Strategic Risk Register since the last iteration with particular emphasis on those risks categorised as RED as shown in Annex 1 and 1a (and summarised above) be noted;

(2)            the service risks identified in Annex 2 be noted; and

(3)            the Risk Management Strategy and accompanying Risk Management Guidance be reviewed and adopted by Full Council.

*Recommended to Council