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: