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The Risk, Continuity & Compliance Manager presented the report of the Director of Finance which provided an update on activity related to the Corporate and Directorate Risk Registers and the Council’s risk management arrangements. Outcomes of the latest review of the Corporate Risk Register (CRR) by the Senior Leadership Team were reported to Committee. The review had been informed by meetings between the Risk, Continuity & Compliance Manager and Directors to review Directorate Risks. Notable changes to the CRR included the splitting of the Workforce Capacity & Skills to Deliver risk into two separate risks, a drop in the current/residual risk score for Safeguarding, and a new risk developed to reflect preparedness for statutory inspections. It was also reported that in light of the New Council Plan 2023-27, the CRR would undergo realignment against the new themes of the plan, whilst it was noted that a Member risk workshop had taken place for Members of the Council’s Policy & Resources Committee.

Members discussed the outcomes of a Chair and Spokespersons risk management session held in January 2024 and referenced discussions at previous committee meetings in which risks associated to the delivery of regeneration projects were highlighted. Following a discussion, it was:

Resolved – That

1.  The report be noted; and

2.  The Director of Regeneration and Place be requested to attend the next meeting of the Audit and Risk Management Committee in March 2024 to present a risk report to committee Members on all Directorate Risks.