Issue - meetings

To consider the recommendation from the Audit Committee on Corporate Risk Management.

Cabinet considered the recommendation from the Audit Committee on the Corporate Risk Register.

Resolved to approve the Corporate Risk Register as submitted.

Reason for the decision:

The Register summarises the Council’s most significant risks. It sets out the controls which have been put in place and identifies any further action which might be needed to mitigate risks.

To receive a report on the Corporate Risk Management from the Group Head of Corporate Governance and make a recommendation to Cabinet.

The Group Head of Corporate Governance reported that discussions had taken place to refine the Corporate Risk Register, however there had not been an opportunity to discuss these with the Internal Audit Manager.  In view of this, the old format had been used on this occasion. 

The Committee asked that the document was reformatted to make it easier to read on a mobile device and suggested ways to achieve this.  The Group Head of Corporate Governance confirmed that the intention was to produce the register in a clear, concise, easy to read format and aimed to provide this at the next meeting in March 2021.  Members of the Committee were conscious of the demands on officers at the present time and offered to assist.

The Committee were advised that some items had been escalated to a red risk rating due to the pandemic.  Those risks were also included in the Covid-19 assessment.  The Heathrow expansion had been removed from the risk register because of the current situation. 

The Corporate Risk Register was considered to be an accurate reflection of the risks affecting the Authority and it was

Resolved that:

1.    The contents of the Corporate Risk Register be noted and accepted;

2.    The Corporate Risk Register be recommended to Cabinet for approval.