Agenda item

The Committee had before it a report by the Chief Officer – Governance which provided assurance on the risk management, financial management and governance arrangements of Arm’s Length External Organisations (ALEOs) within the ALEO Assurance Hub’s terms of reference.

The report recommended:-

That the Committee -

(a)      note the level of assurance provided by each ALEO on risk management, financial management and governance; and

(b)      note that Assurance Hub officers and ALEO Service Leads would discuss any outstanding issues identified in the appendices and identified at the Audit, Risk and Scrutiny Committee with ALEO representatives, with a view to further improving the assessment ratings at the next Hub meeting.

In response to a question relating to EU exit risks, the Corporate Risk Lead advised that each ALEO were asked to resubmit their Risk Register and for them to highlight whether there were any EU exit risks still open.

In response to a question relating to whether the additional funds for Aberdeen Performing Arts as agreed by Council on 10 March 2021, had been required, the Chief Officer – Finance advised that the additional funding had not been used and would remain open for the remainder of the financial year.

The Committee resolved:-

to approve the recommendations contained in the report.