Decision Maker: Finance, Audit and Risk Committee

Outcome: For Determination

Is Key Decision?: No

Is Callable In?: No

Date of Decision: January 7, 2026

Purpose:

Content: RECOMMENDATION TO CABINET:   (1)   That Finance, Audit and Risk Committee note and provide recommendations to Cabinet on this mid-year Risk Management Governance update.   (2)   That Finance, Audit and Risk Committee comment on the proposed changes to the Risk Management Framework and recommend these changes for approval to Cabinet.   REASON FOR RECOMMENDATION: Cabinet has overall responsibility for ensuring the management of risk.