Agenda item

Report of the Town Clerk.

Members considered a report of the Town Clerk in respect of methodology for the 2017/18 Annual Governance Statement.  Members were reminded of their request to include an annual report on the work of the Committee, in addition to the Annual Governance Statement and Head of Internal Audit’s Annual Opinion Report.  Members suggested that an annual report on the work of the committee would complement the existing reports. 

The Town Clerk suggested that this report could showcase the risk challenge sessions; deep dive risk reviews, the valued work of our external members and the focus on key areas of risk assessment; i.e. cyber security, adverse political developments, safeguarding and anti-terrorism.  The report could also identify whether any significant issues; i.e. the Billingsgate cash fraud a few years ago, were one-offs or an indication of systemic weaknesses. Members agreed that it was important for the Court to recognise this work.

RESOLVED, that:

1.         The methodology as set out in the report, for the production and presentation of the Annual Governance Statement for 2017/18, be approved.

2.         The Audit and Risk Management Committee submit an annual report to the Court of Common Council, in accordance with the suggestions set out above.