Issue - meetings
Q4 Risk Management Update 2018-19
Meeting: 11/04/2019 - Audit Committee (Item 5)
5 Q4 Risk Management Update 2018-19 PDF 511 KB
Additional documents:
- Enc. 1 for Q4 Risk Management Update 2018-19, item 5 RTF 956 KB
- Enc. 2 for Q4 Risk Management Update 2018-19, item 5 RTF 1 MB
- Enc. 3 for Q4 Risk Management Update 2018-19, item 5 RTF 2 MB
- Enc. 4 for Q4 Risk Management Update 2018-19, item 5 RTF 443 KB
- Enc. 5 for Q4 Risk Management Update 2018-19, item 5 RTF 626 KB
- Enc. 6 for Q4 Risk Management Update 2018-19, item 5 RTF 538 KB
Minutes:
Mr Anthony Sotande-Peters, Interim Strategic Risk Advisor introduced this report stating that the purpose of the report was to inform Members of the ways in which risks are identified and managed. The report provided a summary of risk activities over the fourth quarter 2018/19 and appended at Appendix 1 was Corporate Risk Register.
At the request of the Committee, the risk registers for each Directorate were also included.
In response to questions raised by the Committee the following was noted:
· The risk preparation around Brexit and its impact was dynamic and fluid. The Council had worked to ensure EU workers had settled status and was now preparing for the EU elections which are likely to go ahead on the 23rd May. Mr Sotande-Peters reassured Members the short, medium and long term risks for a ‘no deal’ or ‘soft’ Brexit had been given consideration. He said colleagues in the Strategic, Policy and Performance team were driving this piece of work, giving consideration to all the different scenarios.
· Councillor Wood expressed concern that issues such as complaints, the removal of asbestos, the infrastructure funding gap and the recycling rate were not on the risk register. He said he was aware the waste management contract was being brought back in house, but this did not appear on the register. Councillor Wood also enquired about the risks concerning the development of the new Town Hall in Whitechapel.
o ACTION: Mr Sotande-Peters confirmed there was a separate risk register in relation to the Town Hall Development and said he would circulate this to the Members of the Committee.
· In relation to the Waste Management Contract Mr Sotande-Peters said the Public Realm team had been working on the perceived risks. He said they had an action plan in place to mitigate against the risks. Councillor King suggested the risks identified as part of the current contract with Veolia should be used to future proof risks going forward.
The Committee RESOLVED to NOTE:
1. The corporate risks and recommend changes and updates as necessary.
2. Request risk owner(s) with risks requiring further scrutiny provide a detailed update on the treatment and mitigation of their risk including impact on the corporate objectives at its next meeting.
3. Ensure that an effective risk management framework is in place within the council and leading the council to be risk mature, dynamic risk organisation.