Issue - items at meetings - Risk Management Strategy 2012-15

RESOLVED:

(1)               That Cabinet approve the Risk Management Strategy 2012;

(2)               That Cabinet delegate authority to the Director of Finance to alter the Risk & Management methodology as necessary so that the Risk Management Strategy is kept up to date with changing requirements and best practice.

196.1    The Chair introduced the report which outlined the new Risk Management Strategy for 2012 and would remain in place for the next three years.  He stated that he believed it would be to the benefit of all Members to have spent some time serving on the Audit Committee and understanding the importance of risk management.

196.2    RESOLVED:

(1)         That Cabinet approve the Risk Management Strategy 2012;

(2)         That Cabinet delegate authority to the Director of Finance to alter the Risk & Management methodology as necessary so that the Risk Management Strategy is kept up to date with changing requirements and best practice.