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Decision details

Risk Appetite Statement - COM/20/227

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Decision:

(i)       in relation to the Risk Appetite Overarching Statement, at Financial, to replace hungry (third line down) with open;

(ii)       to otherwise approve the Risk Appetite Statement (RAS) attached as Appendix (A);

(iii)      to instruct the Chief Officer – Governance to propose amendments to the Scheme of Governance to the meeting of Full Council scheduled for 3 March 2021 to reflect the Risk Appetite Statement; and

(iv)      to instruct the ALEO Assurance Hub to consider a review of risk appetite within each ALEO as part of the Hub’s workplan for 2021.

Publication date: 15/12/2020

Date of decision: 09/12/2020

Decided at meeting: 09/12/2020 - Audit, Risk and Scrutiny Committee

Accompanying Documents: