Agenda item

Wholesale Markets Risk Update

Report of the Markets Director.


The Board received a report of the Director of Markets, which provided Members with assurance that risk management procedures in place within the Markets Division are satisfactory and meet the requirements of the Corporate Risk Management Framework.  The Chairman reiterated his earlier comments in respect of keeping this report at an appropriate high level, noting emerging and/or changing risks.    It was also suggested that charts be used as they are often clearer than data and script.   The Board would particularly like to focus on areas such as food supply and energy costs.


RESOLVED, that – the report be noted.


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