Agenda item

Charter Trustees considered a report of the Clerk that requested approval of the risk assessment for governance arrangements (for copy see file of minutes).

It was noted that the report would have normally been considered at the meeting scheduled for March 2020, however due to the COVID-19 pandemic the meeting had been cancelled.

The Clerk advised that external auditors had carried out a risk assessment to review the effectiveness of internal controls that was to be reviewed annually before the end of each financial year. The Clerk and the Risk, Insurance and Governance Manager, both reviewed the risk assessment matrix and reported that there were no recommended changes to the risk profile.

The Clerk did not anticipate any changes to the risk assessment for 2021 and suggested that Charter Trustees consider approving the risk assessment of governance arrangements for years end March 2020 and March 2021.

Charter Trustees agreed to approve the recommendation for year end March 2020 and to include approval for year end March 2021.

Resolved:

That the risk assessment for governance arrangements for years end March 2020 and March 2021 be approved.