Issue - meetings

Quarterly Update on Risk Management

Meeting: 16/03/2022 - Finance, Audit and Risk Committee (Item 23)

23 RISK MANAGEMENT UPDATE pdf icon PDF 206 KB

REPORT OF THE SERVICE DIRECTOR – RESOURCES
To update the Committee on Corporate risks and changes to those risks.

Decision:

RESOLVED: That the Committee notes that there were no changes to Corporate Risk scores in this quarter.

 

REASON FOR DECISION:

 

(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.

Minutes:

Audio Recording: 53:18

 

The Service Director – Resources presented the report entitled Risk Management Update and highlighted the following points:

 

·         Not recommending any changes to Corporate Risk;

·         Seen no need to change any of the risk scores and have focused a lot of the risk work in the upcoming Council Delivery Plan which is to be presented at the Committee later this evening.

 

The following Members asked questions:

 

·         Councillor Adam Compton

·         Councillor Clare Billing

 

In response to questions, the Service Director – Resources advised:

 

·         The team have been looking into what the impact could be with the ongoing conflict in Ukraine;

·         The Council has very limited amount of vehicles however contractors do; at the moment they are continuing their services and are expected to in the future.

·         No gas is bought from Gazprom;

·          

 

Councillor Keith Hoskins proposed and, following a vote it was:

 

RESOLVED: That the Committee notes that there were no changes to Corporate Risk scores in this quarter.

 

REASON FOR DECISION:

 

(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.