Agenda item

*RESOLVED -

That it be recommended to Full Council:

(1)         That the progress made on developing the Council’s approach to risk management during 2014/15 be noted.

(2)         That the Risk Management Policy, Strategy and Strategic Risk Register for 2015/16 be approved.

The Chief Finance Officer submitted a report on risk management developments at the Council during 2014/15 and recommended for approval the updated Risk Management Policy, Strategy and Strategic Risk Register for 2015/16.

A review had been carried out during 2014/15 by the Council’s insurers of the Council’s risk management arrangements. The outcomes of the review were reflected in the updated Risk Management Strategy and the Strategic Risk Register.

The report had been presented to the Standards and Audit Committee on 6 February 2015 and would be considered by Full Council on 26 February 2015.

*RESOLVED -

That it be recommended to Full Council:

(1)         That the progress made on developing the Council’s approach to risk management during 2014/15 ne noted.

(2)         That the Risk Management Policy, Strategy and Strategic Risk Register for 2015/16 be approved.

REASON FOR DECISIONS

To ensure that effective risk management monitoring and reporting arrangements are in place.