Issue - meetings

(i)       to approve the updated Risk Appetite Statement, attached at Appendix A;

(ii)      to note the continued progress towards embedding the Risk Appetite Statement during 2024 and the training and engagement activities planned for 2025; and

(iii)      in response to a question regarding how the benefits of the current and future methods for embedding the Risk Appetite Statement within the Council were measured, the Interim Chief Officer – Governance advised that this was an area that would be developed for inclusion in the annual report in 2026.

The Committee had before it a report by the Executive Director of Corporate Services which presented the Council’s updated Risk Appetite Statement to Committee for approval.

The report recommended:-

that the Committee -

(a)      approve the updated Risk Appetite Statement, attached at Appendix A; and

(b)      note the continued progress towards embedding the Risk Appetite Statement during 2024 and the training and engagement activities planned for 2025.

The Committee resolved:-

(i)       in response to a question regarding how the benefits of the current and future methods for embedding the Risk Appetite Statement within the Council were measured, the Interim Chief Officer – Governance advised that this was an area that would be developed for inclusion in the annual report in 2026; and

(ii)      to otherwise approve the recommendations contained in the report.