Issue - meetings

(Relevant Portfolio Holder: Councillor A Yates)

Consideration was given to the report of the Head of Finance, Procurement & Commercial Property, which proposed changes to the Risk Management Framework and set out details of the Corporate Risks facing the Council and how they are being managed.

In reaching the decision below, Cabinet considered the details as set out in the report before it and the reasons contained therein.

RESOLVED:     A.      That the revised Risk Management Policy including a new Risk Appetite Statement and Corporate Risk Matrix (Appendix A) and Risk Management Toolkit (Appendix B) be approved.

B.        That the progress made in relation to the management of the risks shown in the Corporate Risk Register (Appendix C) be noted and approved.

To consider the report of the Head of Finance, Procurement & Commercial Property.

Consideration was given to the report of the Head of Finance, Procurement and Commercial Property as contained on pages 363 to 434 of the Book of Reports, which proposed changes to the Risk Management Framework and to set out details of the Corporate Risks facing the Council and how they are being managed.

The Risk and Insurance Officer outlined details contained within the report and appendices and responded to a comment raised by a Member, in respect of the Council Risk Appetite rating of 'zero tolerance' for risk being taken with regard to Health & Safety.

The Risk and Insurance Officer explained that a Risk Appetite survey was sent to Members and Heads of Service, the results of which were challenged during a workshop with an external body using a benchmark from other councils.  It was explained that the risk appetite will be reviewed annually and if the appetite changes over the 12 month period, the document will be updated accordingly and presented to Committee for approval.

RESOLVED:

A         That the revised Risk Management Policy including a new Risk Appetite Statement and Corporate Risk Matrix (Appendix A) and Risk Management Toolkit (Appendix B) be considered and noted prior to submission for approval by Cabinet.

B.        That the progress made in relation to the management of the risks shown in the Corporate Risk Register (Appendix C) be noted.