Issue - meetings

The Portfolio Holder for Finance reported that following approval of the Risk Management Strategy by the Audit & Corporate Overview Scrutiny Committee on 30^th September 2022, the Executive had approved and adopted the Strategy on 31^st October 2022.  It had been recommended that the Risk Management Strategy be reviewed every two years and, therefore, the next review had been scheduled for the autumn of 2024.

Following approval of the Strategy by Executive, the Risk Management Group had responsibility for the Action Plan.  The actions outlined for the Risk Management Group were as follows:-

• Develop an annual programme of operational risk register reviews to ensure all were reviewed every 12 months
• Further develop project and partnership risk management arrangements and reporting to the Risk Management Group
• Develop and undertake refreshed risk management awareness training for all staff
• Develop and undertake risk management awareness training for all Members (as part of the induction training following the Elections in May 2023)

The Strategic Risk Register included the individual Operational Risk Registers and all departments were required to provide an update on their Risk Registers throughout a twelve month period. 

The Terms of Reference for the Risk Management Group had recently been amended to include that in the absence of an Assistant Director, a substitute with the ability to make strategic decisions, must attend in their place.

The Risk Management Group was effective in helping the Council to move forward.

It was noted that risk management training for Elected Members would be organised following the Elections in May 2023.

Moved by Councillor Tom Munro and seconded by Councillor Donna Hales

RESOLVED that the Strategic Risk Register be noted.