Decision details

RISK MANAGEMENT UPDATE

Decision status: Deleted

Is Key decision?: Yes

Is subject to call in?: No

Decision:

RESOLVED:

 

(1)       That the reviews of the Corporate Risks for the quarter be noted; and

 

(2)       That the Annual report on Risk Management be noted.

 

RECOMMENDED TO CABINET:

 

(1)       The reviews of the Corporate Risks for the quarter;

 

(2)       That there be no change to the Cyber risks (current risk score of 8 and a Target Risk score of 6);

 

(3)       That the Brexit (EU Transition) Risk be decreased in the current risk score from a 7 to a 5, and a Target risk score of 3; and

 

(4)       That the Annual report on Risk Management be noted.

 

That Cabinet recommend to Council:

 

(1)       That the Annual report on Risk Management be noted.

 

REASONS FOR DECISIONS:

 

(1)       The responsibility for ensuring the management of risks is that of Cabinet.

 

(2)       This Committee has responsibility to monitor the effective development and operation of Risk Management.

Report author: Rachel Cooper

Publication date: 24/06/2021

Date of decision: 23/06/2021

Decided at meeting: 23/06/2021 - Finance, Audit and Risk Committee

Accompanying Documents: