Alison Blake, Audit Manager, updated the Committee on its
Corporate risks, along with work that
had been undertaken by Mid Kent Audit that identified emerging
future risks. Two of the main risks that had been identified as
particularly severe were the risk of poor partner relations and
increased housing pressures. Mrs Blake confirmed that once the new
Strategic Plan had been agreed, the Corporate Risk Register was
also scheduled to be reviewed.
Committee made the following comments:
·In terms of presentation of the risk registers,
showing the inherent risk rating before the effect of planned or
actual controls would provide greater clarity to the process of
·Controls and assurance activity should be split out,
but presented together.
·Estates risks had not been specifically identified
in the Committee’s risk register.
·It should not be stated that risks within the red
quadrant could be tolerated – as these were severe risks to
Blake informed the Committee that the risk management framework was
due to be reviewed as it had been in place for three years. It was
confirmed that Audit, Governance and Standards Committee would take
a prominent role in this review but that all members were welcome
to contribute. Mrs Blake confirmed that the comments made by the
Committee would be considered as part of the review.
RESOLVED:That the Corporate risks (as set out in appendix 1)