To receive and note a report by the Internal Audit Manager on the Risk Register.
Contact:S Couper 388103
Minutes:
The Panel gave consideration to a report by the Head of Financial Services (a copy of which is appended in the Minute Book) on progress with the development of the Risk Register. Having been acquainted with the options that had been identified to mitigate further “red” residual risks, Members noted that work was ongoing to check the applicability of risks across the Council.
The report also contained proposed changes to the Risk Management Strategy. The changes reflected best practice by separating responsibilities for ensuring that an effective Risk Management Strategy was in place and for acting on mitigated risks.
RESOLVED
(a) that the progress being made on dealing with “red” risks be noted; and
(b) that the changes to the Risk Management Strategy contained in Annex B to the report now submitted be approved.
Supporting documents: