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30 Risk Management Strategy and Framework
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Additional documents:
Minutes:
The Leader
introduced the report.
The report referred
to the update to Risk Management Strategy and Framework. The strategy set out
the purpose of having a risk management process and highlighted the new
Economic Crime and Corporate Transparency Act, legislation, which came into
force 1 September 2025 and brought in the offence of ‘failure to prevent’
The framework
provided detail on how the Council conducted that risk management process,
which has the risk management cycle at its core. It also highlighted how staff
are supported and trained to use the process, and the recording systems in use
across the Council.
In response to
comments from those present the Chief Operating Officer said the following:
i.
Hazards formed a normal part of the overall risk‑management
process.
ii.
Risk management followed a hierarch which
eliminated a risk where possible, through mitigation measures, and, where
necessary, to protective equipment and other controls.
iii.
Identifying a hazard was therefore only one
element of the process; the key was determining how it would be managed.
Cabinet unanimously resolved to:
i.
Approve the revised Risk Management Framework
and Strategy attached as appendix A of the Officer’s report.
ii.
Agree the delegation of authority to approve minor
changes and amendments to the Chief Operating Officer.