Issue - meetings

[To receive an update on the strategic risk register.]

Hayley Reid, Regulatory Governance Manager, presented the report on the Strategic Risk Register Update.

The Committee were advised that 18 risks were identified within the strategic risk register. Two new risks identified as amber, were adult social care provision and related parties. Risk 8 – WV Living was deescalated from the Strategic Risk Register. The four risks identified within the report as red were:

Risk 5 – Reputation and loss of public confidence;

Risk 6 – Social Care Providers;

Risk 12 – Risking unemployment;

Risk 14 – MTFS.

The Committee were advised that further narrative regarding risk appetite had been included in the covering report following queries from the last meeting.

The Chief Operating Officer advised the Committee that the Strategic Risk Register would continue to evolve and highlight assurance sources where appropriate. He also advised the Committee of the invitation from Richard Lawrence, Director of Regeneration, to Members to visit the Civic Halls and that a more detailed report on the risks associated with the Civic Halls would be bought to the next meeting.

Following a discussion on a number of related risks, it was agreed that a more detailed report on how the risks regarding regeneration and unemployment were being addressed, would be bought to a future meeting.

In response to a query raised by Councillor Philip Bateman regarding the impact on the City and key workers due to fuel shortages, The Director of Finance advised the Committee that contingency arrangements and operational processes were in place to monitor the current issues.

Resolved:

1. That the latest summary of the Council’s Strategic Risk Register, as at Appendix A, be noted.

That it be agreed that further details on the risks associated with the Civic Halls be brought to the next meeting and on regeneration and unemployment to a future meeting.