Issue - meetings

Risk Management Update

Meeting: 24/03/2021 - Audit Committee (Item 39)

39 Risk Management Update pdf icon PDF 81 KB

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That the escalation protocol be endorsed.


The Chief Executive introduced the report to endorse the Risk Escalation Protocol as part of the updated risk management framework considered in November 2020.


The protocol set out the expectations for escalating significant risk where it could not be mitigated or its rating managed/lowered.  Whilst this covered operational risks, risk registers were also maintained for key projects, and risk content was built into key committee reports to aid decision-making.  The systematic approach adopted during the emergency situation - recognised by the Committee, Members and Audit Wales - would continue when normal operational arrangements resumed and would be validated by Internal Audit work.


The recommendation was moved by Councillor Janet Axworthy and seconded by Sally Ellis.




That the escalation protocol be endorsed.