Issue - meetings
Risk Management Strategy
Meeting: 20/07/2017 - Cabinet (Item 29)
29 Review of the Risk Management Strategy 
PDF 208 KB
To consider a report by the Internal Audit and Risk Manager presenting the outcome of the annual review of the Risk Management Strategy.
(Executive Councillor: Cllr J A Gray)
Contact: D Harwood 3888115
Additional documents:
Decision:
That the annual review of the Risk Management Strategy be approved.
Minutes:
A report by the Internal Audit and Risk Manager to which was appended the Risk Management Strategy v14 (copies of which are appended in the Minute Book) was considered for approval. The annual review of the Risk Management Strategy was discussed with the amended option appraisal process explained in detail to Executive Councillors. Members were advised that due to the introduction of differing risk appetite levels it was no longer appropriate that risk treatment option forms are completed only for ‘high’ or ‘very high’ residual risks. It was noted that all risks that exceeded their risk appetite needed to be reviewed and a decision taken as to whether or not the level of residual risk was acceptable or not. Whereupon, it was
RESOLVED
that the annual review of the Risk Management Strategy be approved.
Meeting: 05/07/2017 - Overview and Scrutiny Panel (Performance and Customers) (Item 23)
23 RISK MANAGEMENT STRATEGY PDF 209 KB
The Risk Management Strategy is to be presented to the Panel.
Contact: D Harwood 388115
Additional documents:
Minutes:
With the aid of a report by the Audit and Risk Manager (a copy of which is appended in the Minute Book), the Risk Management Strategy was presented to the Panel.
The Panel was content with the report and the change that has been proposed to the option appraisal process which formalises the adoption of risks.