Amendments to Risk Management Policies

Following a review of Council Policies, the Risk Management Policy has been recommended for amendment.

The current Risk Management Policy was adopted at the October 2010 Ordinary Meeting of Council.

The Risk Management Policy is a key element of the Risk Management Framework and articulates Council’s approach, management commitment, accountabilities and responsibilities to Risk Management.

The Risk Management Policy has been reviewed in line with the current Risk Management international standard (ISO31000) with the following amendments:

• Changing the policy to the updated Council adopted Policy template;

• Aligning with the updated Risk Management standard, ISO 31000 “Risk management - Principles and guidelines”, including updating definitions;

• Adding and modifying responsibilities, this includes adding Audit, Risk and Improvement Committee responsibilities;

• Changing the review frequency from annually to within 12 months of an Ordinary Council election; and

• Changing the Policy owner to Group Manager Governance & Procurement.

Additionally, the review also considered the current Risk Management Framework Policy. It has been recommended that this Policy is rescinded, and reclassified as an internal procedure.

Before amending or rescinding a policy it needs to be placed on exhibition so the community can have their say on this decision.

You can have a look at these policies located in the Document Library on the right.

To share your views about amendments to the policies, use the Submission tab below.

For more information contact Blair Hancock on (02) 6581 8111

Submissions close on Tuesday 9 January, 2019.