Issue - meetings

Corporate Risk Management - Quarterly Risk Review

Meeting: 05/12/2018 - Governance & Audit Committee (Item 7)

7 Corporate Risk Management - Quarterly Risk Review pdf icon PDF 221 KB

Minutes:

Mr Willis introduced the report and highlighted where updates had been made. Mr Willis advised that the current Risk Management Strategy had been in place for three years and was due to be reviewed.  It was expected that Members would have the opportunity the consider the updated Strategy following its revision in spring 2019.

 

During consideration of the item it was noted that:

·  Political stewardship had been given the maximum risk rating of 16.

·  Brexit had been added to the register and had been given a high risk rating of 12.

·  The harbour flap gate risk had reduced to 4.  It was expected that it would be removed from the risk register as the work to replace the flap gates had been completed.

·  Preparations were ongoing to mitigate the potential risks surrounding a disorderly Brexit.

 

Members noted the report.