Issue - meetings

Report of Assistant Director Finance (S151 Officer)

Purpose of report

To propose a new Risk Management Strategy and Guidance, aiming to ensure the council’s effective and compliant risk management.

Recommendations

The Accounts, Audit and Risk Committee resolves:

1.1         To consider and endorse the proposed Risk Management Strategy and Guidance

Resolved

(1)      That the proposed Risk Management Strategy and Guidance be endorsed.

The Assistant Director of Finance (S151 Officer) submitted a report that proposed a new Risk Management Strategy and Guidance, that aimed to ensure the council’s effective and compliant risk management.

In introducing the report, the Performance Team Leader explained that the updated guidance had been developed following an internal audit and ensured that the council incorporated best practice from within the local government organisation sector in its Risk Management Strategy.

In response to Committee comments the Performance Team Leader clarified the mechanisms for identifying new risks and agreed to update the Guidance to ensure these were clearly set out.

Resolved

(1)        That the proposed Risk Management Strategy and Guidance be endorsed.