Agenda item
Corporate Risk Register and departmental risk registers
The purpose of this report is to present the Council’s Corporate Risk Register and Departmental Risk Registers to be noted by the Audit Committee.
Minutes:
The committee welcomed receipt of the council’s Corporate Risk Register and Departmental Risk Registers presented in accordance with the risk management strategy and policy. Simon Lane (Audit and Investigations) reminded members that risks detailed were possibilities and the aim was to demonstrate that measures were in place to mitigate the likelihood of a risk occurring or its impact. He advised that the register had been signed off by the Executive and would be put before the Corporate Management Team on a quarterly basis highlighting key areas of concern. Discussions were taking place regularly with departments over operational risks and those of most concern reported to the Corporate Management Team.
The Chair identified that a number of risks carried the same score both before and after controls, querying whether or not this was correct. Simon Lane undertook to take this away and clarify although clearly this should not be the case. Reference was made to recent adverse publicity over the library transformation programme for which the Executive had ultimate responsibility. Members questioned the sources of assurance and were reminded that before them was a high level overview of activity and more detailed reports were in existence with each department having its own register. Further scrutiny was undertaken by the High Level Monitoring Group and this committee’s role was to monitor whether the risk management system was effective rather than individual risk management. Internal Audit also had a monitoring role.
Members requested regular reporting of high risks, with corporate strategic risks reported to each meeting and an annual update of operational risks with appendices. Members also requested more information on previous activity so that scores could be compared. Simon Lane advised that service directors could be called to account for their indicators or issues referred to scrutiny committee where appropriate.
RESOLVED:-
that the contents of the Corporate Risk Register and Departmental Risk Registers be noted.
Supporting documents:
- risk-report, item 9. PDF 63 KB
- risk-app1, item 9. PDF 53 KB
- risk-app2, item 9. PDF 55 KB
- risk-app3, item 9. PDF 27 KB
- risk-app4, item 9. PDF 90 KB
- risk-app5, item 9. PDF 33 KB
- risk-app6, item 9. PDF 34 KB
- risk-app7, item 9. PDF 27 KB
- risk-app8, item 9. PDF 30 KB
- risk-app9, item 9. PDF 21 KB