Agenda item

Report of the Director of Markets & Consumer Protection

The Committee considered a report of the Director of Markets & Consumer Protection

providing the Markets Committee with assurances that appropriate risk management procedures are in place within the Department of Markets and Consumer Protection to satisfy the requirements of the Corporate Risk Management Framework.

In responses to questions and comments from Members, Officers advised that the COVID-19 risks had been closely monitored to ensure that the markets were able to continue operating and protect food supply chains.  Officers also flagged up the financial risks associated with reduced income generation opportunities

The Chairman appreciated the concerns of Members and stated that at the very start of the pandemic, COVID-19 associated risks were rated as red. However, given that the situation was more stable and there were robust measures in place to support tenants, on balance, given the current circumstances, the amber rating was appropriate.  The Chairman reiterated that Officers were watching closely to ensure that the risks were ranked appropriately.

Resolved – That the report be noted.