Issue - items at meetings - Risk Management Strategy and Process

Issue - meetings

Risk Management Strategy and Process

Meeting: 19/02/2007 - Audit Board (this committee has been combined with the Audit, Standards & Governance Committee and no longer meets) (Item 38)

38 Risk Management Strategy and Process pdf icon PDF 98 KB

Additional documents:

Minutes:

Members gave consideration to a report, which was to be submitted to the Executive Cabinet's meeting on 7th March 2007, relating to the Council's revised Risk Management Strategy.

 

RESOLVED:

(i)         that, in relation to the Audit Board risk management roles and responsibilities, as detailed in the table on page 5 of the Risk Management Strategy document (or page 107 of the combined report documentation), the Executive Cabinet be informed that the Board considered the first bullet point should to be amended to read as follows:-

 

·                    Scrutinising the Council's decisions to ensure that they meet the requirements of effective risk management and, in order for this to be achieved, to have oversight of the strategic risk register.

 

(ii)        that updates to the strategic risk register be reported to the Board at each meeting; and

(iii)       that, in all other respects, the report be noted and that the Executive Cabinet be recommended to approve the revised Risk Management Strategy.