Decision Maker: Accounts and Audit
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
The Director of Resources submitted a report requesting Committee approve the updated and revised Risk Management Policy.
A comprehensive review of the Policy had been undertaken and the revised policy was attached to the report for members to consider.
The risk management processes outlined in the Policy would be a means of ensuring the Council delivered the best possible service, in the right place, and achieved excellent results, whilst making the best possible use of public funds. The Council would ensure that decisions made on behalf of the organisation were taken with consideration to the effective management of risk.
The Policy identified individuals with responsibilities in the management of risk, and the key risk managements structures and processes, defining the objective of and responsibility for each of these within the Council.
Councillors G Mirfin and M Hindle were given permission to speak on this item.
There was discussion at the meeting around the implementation of the Policy, and how risks could be made more visible to Councillors. Officers responded to queries from members and expanded on the plan for managing risk going forward.
RESOLVED THAT COMMITTEE:
Approve the Risk Management Policy with the addition of a glossary and to include the role of Internal Audit within Section 3 of the Policy.
Report author: Averil Crowther
Publication date: 03/10/2022
Date of decision: 28/09/2022
Decided at meeting: 28/09/2022 - Accounts and Audit