A Report by the Director of Resources provided an update on the Council’s risk management arrangements and areas of risk management focus over the coming year.

Members were advised that given the short reporting period between this meeting and the last update to the Committee there had been limited change in the position as previously presented. Members heard how work is progressing in many areas, however, the third national lockdown and preparations for the relaxing of measures had led to some interruptions and distractions with some developments and activity being delayed.

It was reported that a meeting of the Member Risk Sub-Group was held on 9 February with the Chair and Spokespersons of the Committee. Members heard how the meeting had consisted of a short training and development session on the basics of risk management and the framework used across the Council, followed by a discussion on the list of Corporate Risks and other areas of concern and interests. Members were advised that further meetings would be arranged for the new municipal year and that suggested subjects for discussion are the consideration of the risk appetite for the organisation, the balance of high impact/ low likelihood risks as well as options for a “ deep dive” into specific risks to gain an understanding and assurance of the processes and practices in place.

Members were advised that discussions had been ongoing in February to afree the Council priorities and key activities for the year ahead. The Committee then heard how consideration is also being given to the reporting lines for escalation of issues and risks ad they were advised that the Organisational Performance Group will act as a conduit for directorates to share information and escalate issues/risks as well as areas for collaboration to the Senior Leadership Team.

A list of corporate risks was appended to the report and members were advised that a number of corporate risks need to be considered following significant activity over recent months including. Members heard how an updated list of corporate risks with scores and planned actions will be presented to the next committee.

Resolved – That the report be noted.