5 Strategic Risk Register Quarterly Review PDF 248 KB
Minutes:
Purpose of Report
To provide a status report on the revised Strategic Risk Register as at the end of the fourth quarter 2022/23.
Decision
That the Council’s strategic risks, as at the end of quarter 4 2022/23, be noted.
Alternative Options Considered and Rejected
As detailed in the report.
Reasons for the Decision
An update of the Strategic Risk Register developed under the risk management approach of ‘risk appetite’, was last presented Members in February 2023 and contained twelve strategic risks.
Since reporting to Members in February, the Strategic Risk Register had been refreshed and updated by the Risk Owners and Corporate Management Team and had identified that there had been some positive movement in the Risk Register along with the addition of a new, emerging risk.
The mitigations and control actions for each risk were detailed in the officer’s report.
The updated Register was considered within Part B of this agenda, it contained thirteen strategic risks.