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Risk Management Strategy and Framework

Meeting: 24/03/2026 - Cabinet (Item 30)

30 Risk Management Strategy and Framework pdf icon PDF 82 KB

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.