Risk management

The council takes its responsibilities to secure the assets and operational funds on behalf of the public very seriously. 

The Council's Risk Management Strategy sets out the Council's appetite for risk and it approach towards:

  • identifying, investigating and categorising risks,

  • developing plans to avoid risks or mitigate their effects,

  • identifying roles and responsibilities for risk management,

  • Developing a reporting and management process.

Risk Management also covers the need for

  • external insurance cover and arrangements for handling queries and claims from the public in relation to incidents regarding Council assets and operations;

  • the provision of a robust internal audit programme covering both annual controls and ad-hoc investigations;

  • compliance with national audit requirements, including the annual external audit and the public inspection regime.

 

Finance