Agenda item

Report of the Chamberlain.

Members received a report of the Chamberlain which provided an update on the corporate and top red departmental risk registers following the review by the Chief Officer Risk Management Group (CORMG) on 21 March 2018 and Summit Group on 25 April 2018. A Member, who had served on a number of other Local Authority Audit Committees, commended the City Corporation for having the most robust risk management framework of those he had been sighted on.

Members noted that GDPR had been added to the Corporate Risk Register in January but, following the Mazars Audit, it was likely to come off the Register later this year.  Members suggested that, once the target had been achieved, it should continue to be monitored under the Corporate Information Security Risk. Members also asked to receive information as and when target ratings were achieved.

In response to further queries about the risk rating for Air Quality and Health and Safety; Members were reminded that the Directors of Markets and Consumer Protection and Human Resources were due to attend the Committee shortly and they would have an opportunity to challenge their risk ratings.

RESOLVED, that – the report be noted.