Issue - meetings

The Executive Member for Corporate Policy and Resources.

RESOLVED that the Executive:

1.     Note the Q2 2022/23 update on risk management provided by the report.

Executive Members received an update report on risk management in Quarter 2 2022/23 (July to September 2022). The Portfolio Holder for Policy and Resources, Councillor Lewanski, reported that no were no new strategic risks set out in Quarter 2 and no strategic risks recommended for closure.

At the end of Quarter 2 there was one red-rated operational risk and additional detail on this was provided in Annex 2 (exempt).

The report had been considered by the Audit Committee on 7 December 2022 and no formal observations made to Executive.

There were no questions from Executive Members or Visiting Members.

RESOLVED – that the Executive:

1.     Note the Q2 2022/23 update on risk management provided by the report.

That the Committee notes the Q2 2022/23 update on risk management provided by the report and make any observations to the Executive.

The report provided an update on risk management at the close of Quarter 2.

No new strategic risks had been identified and no strategic risks were recommended for closure.

One operational risk (IT disaster recovery) was red rated and was therefore being reported to the Audit Committee within a part 2 exempt annex.

In response to a Member observation regarding SR3 (Commercial Investment), the Authority was comfortable with the amber rating given to this risk and the Committee would be updated if that rating changed.

RESOLVED that the Committee notes the update on risk management provided by the report.