Content

Consideration was
given to recommendation AU 24/40 of the Audit Committee of 23
September 2024 in respect of risk management process and the
Strategic Risk Register (SRR).
 
Cabinet had due
regard to the views of the Committee, the financial and value for
money considerations and the legal implications and noted that
Management Team had undertaken a review of all the risks contained
within the Strategic Risk Register with a view to achieving a more
streamlined version, highlighting only the strategic risks to the
Council over the one to two year horizon.
 
The number of
‘red’ risks on the SRR remained to be 4 as set out
below:
 

Achievement of
Savings and Transformation Strategy
Failure to agree a
Local Plan
Implementation of
the Agile software system

Contract/Contractor Procurement

RESOLVED:  That
 
(1)
   the updates to the Strategic
Risk Register since the last iteration with particular emphasis on
those risks categorised as RED, be noted;

 
(2)
   the lead officer for the Local
Plan be requested to attend the next meeting of the Audit Committee
should the risk remain RED;

(3)    the progress towards
the delivery of recommendations from the Zurich Risk Management
Review, be noted; and

 
(4)
   the Chair of the Audit Committee
be appointed as the Member ‘Risk Champion’.