Issue - meetings

To consider a report of the Corporate Director for Corporate and Support Services.

The purpose of the report is to update Members on the current status of both corporate and Investing in Stockport (IiS) risks and the updated process used to manage these risks.

The Audit Committee are invited to consider and comment on the report.

Officer Contact: John Pearsall on Tel: 474 4033 or email: john.pearsall@stockport.gov.uk

A representative of the Corporate Director for Corporate and Support Services submitted a report (copies of which had been circulated) updating Members on the current status of both Corporate and Investing in Stockport (IiS) risks and the updated process used to manage these risks.

The following comments were made/issues raised:-

·         The risks in the Investing in Stockport Risk Register were very similar to those in the Corporate Risk Register therefore the registers were merged which had streamlined the process of reporting on the register on a quarterly basis and lessened the burden on management;

·         By managing risks effectively it could generate further opportunities;

·         There were a number of risks such as financial and workforce capacity that were rated as high risk which needed close monitoring.

RESOLVED – That the report be noted.