Decision

REPORT ON RISK MANAGEMENT GOVERNANCE (MID-YEAR UPDATE)

Decision Maker: Finance, Audit and Risk Committee

Outcome: For Determination

Is Key Decision?: No

Is Callable In?: No

Date of Decision: January 8, 2025

Purpose:

Content: RESOLVED: That Finance, Audit and Risk Committee noted and provided recommendations to Cabinet on this mid-year Risk Management governance update.   RECOMMENDED TO CABINET: That Finance, Audit and Risk Committee commented on the changes to the Risk Management Framework and recommended to Cabinet that they approve the changes.   REASONS FOR REFERRAL:   (1)   The responsibility for ensuring the management of risks is that of Cabinet.   (2)   This Committee has responsibility to monitor the effective development and operation of Risk Management.

Supporting Documents

Appendix A Updated Policy Statement.pdf
REPORT ON RISK MANAGEMENT GOVERNANCE MID-YEAR UPDATE.pdf
Appendix B Updated Policy.pdf
Appendix C Updated Strategy.pdf