Issue - meetings

The Executive Member for Corporate Policy & Resources.

RESOLVED:

That the Executive:

(i)               Note the Q1 2022/23 update on risk management provided by the report.

The Executive Member for Policy and Resources, Councillor Lewanski, gave an update on risk management in quarter 1 2022/23 (from April to June 2022). As set out in the report to the Committee, in quarter 1, no new strategic risks were identified, and no strategic risks were recommended for closure.

There was one Red-fated operational risk which was set out in the Part 2 Exempt Annex. There was no discussion on this by Executive Members.

The report was considered by the Audit Committee on 7 September 2022. The Committee made no formal observations or recommendations to the Executive.

The Executive agreed one recommendation.

RESOLVED:

That the Executive:

(i)               Note the Q1 2022/23 update on risk management provided by the report.

The Executive Member for Corporate Policy & Resources.

That the Committee notes the Q1 2022/23 update on risk management provided by the report and make any observations to the Executive.

The Head of Head of Corporate Policy, Projects & Performance stated that this report provided an update on risk management in Q1 2022/23. No new strategic risks were proposed, and no strategic risks had been identified for closure.

Following on from the Committee’s meeting held in June 2022, it was confirmed that the Executive agreed to maintain two separate strategic risks on challenging economic conditions, with one focussing on residents and the other on businesses and that these should be considered as part of the 2022/23 update on risk management.

As well as showing the strategic risks, the report highlighted one red operational risk, and this was set out in the part 2 exempt annex.

RESOLVED that Committee notes the Q1 2022/23 update on risk management provided by the report and make any observations to the Executive.