Issue - meetings

Minute 467 refers

RESOLVED – that (A) the comments of Audit Committee be received; and

(B)      the updated Risk Management Strategy, as now submitted, be approved.

(see also Minute xxx)

The Executive Member for Finance and Support Services submitted a report reviewing and updating the Risk Management Strategy.

The Executive noted that the Risk Management Strategy was reviewed annually.  On 16 March 2016, the updated Strategy had been considered by the Audit Committee, who had supported the amendments in principle, but had requested that changes to the senior management structure be reflected before submission to the Executive. 

The Audit and Governance Committee, at its meeting held on 23 November 2016, had considered and supported the revised Strategy as now detailed.

The Executive supported the revised Strategy as now detailed.

RECOMMENDED – that (A) the comments of Audit Committee be received; and

(B)      the updated Risk Management Strategy, as now submitted, be approved.

The Executive Member for Finance and Support Services submitted a report detailing proposed annual revisions to the Risk Management Strategy in order to reflect current best practice and more recently, in order to reflect the changes following the senior management restructure.  The Head of Strategic Finance and Property provided Members with a summary of the main amendments and referred Members to the Essential Reference Papers detailing the tracked changes within the strategy and the updated version.

Councillor C Woodward stated that two officers with extensive experience of Covalent would be shortly leaving the Council.  The Head of Strategic Finance and Property provided a summary of what information was monitored by the Officers and provided assurance that Members would still have the ability to interrogate Covalent or any alternative that would be implemented in the future.  Councillor Woodward asked whether additional training on Covalent could be arranged, for all and particularly new Members.  This was supported. 

The Committee supported the recommendation as now detailed.

RESOLVED – that (A) the Risk Management Strategy be approved; and

(B)   the Scrutiny Officer be asked to arrange Member Training on Covalent.