Purpose

To
approve the risk strategy and appetite statement

Content

It was
RESOLVED: -
 

1.1      That Cabinet members noted
the progress to improve strategic risk management in alignment with
external recommendations, and the HM Government Orange Book, and
noted the ongoing schedule of continuous improvement for the
Councils’ joint risk management arrangements.
 

1.2      That members supported the
revised risk management strategy and policy, and in
particular;
 
1.2.1
  The appended joint appetite
statement;
 

1.2.2   The revised
scoring and guidance assurance criteria for financial impacts of
risks.
 
REASON FOR
DECISION
Babergh and Mid
Suffolk Cabinets are responsible for Strategic Risk Management and
approval of the joint Risk Management Policy and Strategy.
 
Alternative
Options Considered and Rejected:
None
 
Any Declarations of Interests Declared: None
Any Dispensation Granted: None