Decision Maker: Mid Suffolk Cabinet, Babergh Cabinet

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: March 11, 2025

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