Agenda item - Strategic Risk MAP Focus: SR12 Maintaining Seafront; and SR14 Pay & Allowances Modernisation - Exempt Category 3

Report of the Executive Director of Finance & Resources (circulated to Members only).

35.1         The Committee considered a report of the Executive Director of Finance & Resources in relation to the Strategic Risk MAP Focus: SR12 Maintaining the Seafront as an asset to the city; and SR14 Pay & Allowances Modernisation. The Committee had a role to monitor the effectiveness of risk management and internal control by oversight of the Strategic Register and a Risk Management Action Plan for each risk which is owned by a member of the Executive Leadership Team. For each meeting an assessment of whether items should be reported in Part 1 (open) session or Part 2 (confidential session) was undertaken by the Monitoring Officer in conjunction with the Chair and political party representatives. The Committee has agreed to focus on two strategic risks at each meeting so that over the course of a year all the MAPs receives attention. The Risk Owners responsible would be the Assistant Chief Executive, Paula Murray for SR12 and the Chief Executive, Penelope Thompson for SR14.

35.2         RESOLVED – That the Committee, having considered the Strategic Risk MAPs and the Risk Owners’ response, the Committee make any recommendations it considers appropriate to the relevant Council body.