Issue - meetings

REPORT OF THE SERVICE DIRECTOR – RESOURCES

To provide the Committee with an update on the effectiveness of the Risk Management Governance arrangements at the Council. The review is referred on to Cabinet and the Committee can make recommendations on how we can improve our risk management arrangements.

RESOLVED:  That Cabinet:

(1)   Noted the mid-year Risk Management governance update.

(2)   Approved the changes to the Risk Management Framework.

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.

Audio recording 59 minutes 13 seconds

The Chair invited Councillor Sean Nolan, as Chair of the Finance, Audit and Risk Committee, to present the referral on this item. Councillor Nolan advised that there had been discussion around:

·       The key corporate risks that affected multiple area of the Council.

·       Points on emergency planning and the key risks to Members.

·       Ensuring there was the correct risk management training for Officers and Members.

Councillor Ian Albert, as the Executive Member for Finance and IT, presented the report entitled ‘Report on Risk Management Governance (Mid-Year Update)’ and advised that:

·       This report provided more detail in the executive summary and detailed the tracking of actions against any red corporate risks.

·       It was important to ensure Risk Management reviews were regularly taking place.

In response to a question from Councillor Daniel Allen, the Service Director – Resources advised that the new risk concerning local government reorganisation would be included in the next quarterly update to Cabinet.

Councillor Ian Albert proposed as amended and Councillor Amy Allen seconded and, following a vote, it was:

RESOLVED:  That Cabinet:

(1)   Noted the mid-year Risk Management governance update.

(2)   Approved the changes to the Risk Management Framework.

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.