The Deputy Chief Executive/Director of Finance presented a summary of the process followed in undertaking the recent review of the Corporate Risk Register, agreed by the Cabinet (minute 150 (13 October 2011) refers). Approval of the risks and the monitoring process enabled officers to focus resources on the most significant threats facing the organisation and he commented that monitoring of the risks was key to the delivery of the aims of the Council as set out in the Corporate Plan.

In response to comments from Members in relation to further control actions planned for the management of a number of risks identified in the register, the Director proposed to present an update report to a future meeting of the Committee.

Resolved – That the report be noted.