Decision Maker: Babergh Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
This report provisions members with the new Risk Management Strategy driven from the April 21 TIAA Audit findings and the March 22 LGA Corporate Peer Challenge. Members are asked to review and approve.
It was RESOLVED: -
That members of Babergh and Mid Suffolk Cabinets are asked to note the progress so far to improve strategic risk management and agree the new draft risk management policy and strategy which aligns with the Orange Book.
REASON FOR DECISION
Babergh and Mid Suffolk Cabinets are responsible for Strategic Risk Management and approval of the joint Risk Management Policy and Strategy.
Alternative Options Considered and Rejected:
The Councils could have maintained the existing responsibility for risk rather than integrate it with performance and improvement, but it was felt this would not drive the improvement required or maximise the opportunities to join up with a new corporate approach.
Any Declarations of Interests Declared: None
Any Dispensation Granted: None
Publication date: 11/01/2023
Date of decision: 09/01/2023
Decided at meeting: 09/01/2023 - Babergh Cabinet
Effective from: 19/01/2023
Accompanying Documents: