Issue - meetings

Risk Management Framework

Meeting: 23/03/2022 - Cabinet (Item 90)

90 Review of Risk Management Policy and Strategy and Corporate Risk Register

This report presents an updated Risk Management Policy & Strategy for adoption by Cabinet which will provide a framework for Members and officers in the management of risk.  This report also provides Cabinet with an updated Risk Register, as considered by the Audit and Governance Committee on 16 March. 

 

Supporting documents:

Minutes:

The report presented an updated Risk Management Policy & Strategy for adoption by Cabinet which will provide a framework for Members and officers in the management of risk. It also provided Cabinet with an updated Risk Register, as considered by the Audit and Governance Committee on 16 March 2022.  An addendum had been pre-circulated to Cabinet which included an amended version following consideration by A&G on 16 March 2022.

 

Proposed by Councillor Peall,

Seconded by Councillor Collier

 

That the proposed document revert back to the original wording, prior to the changes made as a result of recommendations of the Audit and Governance Committee.

 

(Voting: 2 for, 6 against, 0 abstentions).

 

The Motion was therefore LOST.

 

Proposed by Councillor Hollingsbee

Seconded by Councillor Godfrey

 

RECOMMENDATIONS:

1.        That report C/21/95 be received and noted.

2.        That the proposed Risk Management Strategy & Process be adopted.

3.        That the current Risk Register be noted.

 

(Voting figures: 6 for, 0 against, 2 abstention).

 

REASONS FOR DECISION:

A clear framework as outlined within the strategy will ensure consistency in approach across the organisation, provide clarity of roles with respect to Risk Management and enable progress towards an embedded Risk Management culture within the organisation.