The report updated members of the Audit Committee on the status of the Council’s 2017/18 Strategic Risk register and the progress being made across Services in delivering Operational Risk Registers.   

A motion was MOVED by Cllr Hirst and SECONDED by Cllr Bridge to approve the recommendations in the report.

A vote was taken by a show of hands and it was RESOLVED that :

1.    To agree the revised Insurance & Risk Management Strategy. 

2.    To agree the amendments to the Strategic Risk Register, as shown in Appendix B of the report, and that the risk scores recorded for each risk accurately represents the current status of each risk. 

3.    To agree the risk exposure changes and the new risks, as shown in Appendix C of the report to the Operational Risks.   

Reason for Recommendation

Risk Management continued to be embedded quarterly within the Senior Management Team reports, where Service Heads discussed the top level risks for their service areas to ensure that the risks were updated to reflect the ongoing changes. 

In addition, the Risk & Insurance Officer would continue to work with risk managers to maintain the good progress to date and further develop a consistent application of risk management considerations across all operations of the Council.