13 New Risk Management Policy
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Minutes:
The Board was presented with a revised Risk Management Policy which had been drafted in conjunction with Zurich Municipal, the Council’s insurers. The aim of the Policy was to provide direction and alignment to current Risk Management processes across the Council Directorates.
The Executive Board had approved the new proposed policy at its meeting on 11 September and recommended that the Audit and Governance Board oversee the implementation of the new Risk Management Policy and associated actions.
RESOLVED: That the updated Risk Management Policy, with changes outlined in Section 3.3 of the report be approved.