Issue - meetings

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

Resolved to approve the Corporate Risk Register as submitted.

Reason for 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 note the report and recommend the Corporate Risk Register to Cabinet for approval.

The Internal Audit Manager summarised the risks affecting the Council as outlined in the report and was pleased to report that there were no items with a red status.  However it was important that officers provided updates, and maintained ownership of their risks and the appropriate control measures.

The Internal Audit Manager drew attention to items that she considered may require closer monitoring as a result of changes taking place.

In view of the Council’s change of focus from property investment to development, the Committee suggested that a new set of risks around construction liability, Health and Safety issues and tenancy related issues, should be incorporated into the register.  It was agreed that this should be raised at the next meeting of the Health and Safety Group.

The Committee resolved to note the report and recommend it to Cabinet for approval.