Issue - meetings

The Audit and Governance Committee has a key role in providing an oversight of the effectiveness and ‘embedding’ of risk management processes, and in testing and seeking assurance about the effectiveness of control and governance arrangements.  In order to form an opinion on these arrangements, it needs to establish how key risks are identified, evaluated and managed, and the rigour and comprehensiveness of the review process. 

The report of the Head of Policy and Performance seeks to provide the Committee with a summary of the key corporate risks and risk management work undertaken since the last report so that it may undertake this oversight.

The Committee had a key role in providing an oversight of the effectiveness and embedding of risk management processes and in testing and seeking assurance about the effectiveness of control and governance arrangements.

In order to form an opinion on these arrangements, the Committee needed to establish how key risks were identified, evaluated and managed, and the rigour and comprehensiveness of the review process.

The report of the Head of Policy and Performance provided the Committee with a summary of the key corporate risks and risk management work undertaken since the last report.

During consideration of the report, Jo Rozsich, Head of Communications, made a presentation to Members in respect of reputational risk.

RESOLVED:  That the report on risk management be received.