It was RESOLVED:-
That the contents of the report, supported by Appendix A, B and C of the report, be approved.
Reason for Decision: To provide assurances that risk management processes in place are robust and effective.
Alternative Options Considered and Rejected: Risk Management as an activity must accomplish the following tasks: identify and agree objectives; identify risks and assess (i.e.: Treat, Transfer, Tolerate or Terminate the risk); allocate risk owners; manage and control and monitoring and reporting.
Any Declaration of Interest Declared: None
Any Dispensation Granted: None