Agenda item - Formal Approval of the Risk Management Framework 2022/23

Report of the Executive Director, Governance, People & Resources

1)             That the committee approves the Risk Management Framework as set out in Appendix 1.

2)             That the committee notes the current strategic risks and committees they are reported to as set out in Appendix 2.

3)             That the committee notes that internal audit of risk management conducted in 2022/23 provided ‘Substantial Assurance’. This opinion means that controls are in place and are operating as expected to manage key risks to the achievement of system or service objectives.

36.1      The Committee considered a report of the Executive Director, Governance, People & Resources that provided the committee with an oversight of the Brighton & Hove City Council’s current Risk Management Framework with a view to seeking their approval.

36.2      Councillors Simson, Yates, Meadows, Shanks, Hugh-Jones, West and Helen Aston asked questions and contributed to the debate of the report.

36.3      Resolved-

1)             That the committee approves the Risk Management Framework as set out in Appendix 1.

2)             That the committee notes the current strategic risks and committees they are reported to as set out in Appendix 2.

3)             That the committee notes that internal audit of risk management conducted in 2022/23 provided ‘Substantial Assurance’. This opinion means that controls are in place and are operating as expected to manage key risks to the achievement of system or service objectives.