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Report 14 of the 7 July 2011 meeting of the Corporate Governance Committee, with progress being made to implement the Anti-Fraud Strategy

Warning: This is archived material and may be out of date. The Metropolitan Police Authority has been replaced by the Mayor's Office for Policing and Crime (MOPC).

See the MOPC website for further information.

MPA Risk Management Update

Report: 14
Date: 7 July 2011
By: Chief Executive

Summary

The report summarises the development of the MPA risk management process and includes the current MPA corporate risk register.

A. Recommendation

That Members consider and comment on the MPA risk register.

B. Supporting information

1. The corporate risk register, attached at Appendix 1, contains the MPA current assessment of risks to the delivery of its objectives under Met Forward.

2. The register is regularly reviewed by the MPA Senior Management Team (SMT) and Business Management Group (BMG). A separate register of key emerging issues and risks is reviewed by the BMG on a fortnightly basis. Appropriate action is agreed and risks are added to the corporate register as appropriate. A separate risk register has also been developed for the MOPC implementation programme and is monitored regularly by the MOPC implementation board.

3. The MPA Head of Risk and Compliance Audit has recently taken up post and is currently reviewing the MPA corporate risk register and supporting arrangements. Any subsequent recommended changes will be reflected in future reports to this Committee.

C. Other organisational and community implications

Equality and Diversity Impact

1. Equality impact assessments are conducted for all Met Forward strands and MPA policies that support the risk management process. A separate equality and diversity risk register is maintained and elements of this are reflected in the corporate risk register as appropriate.

Consideration of MET Forward

2. Risk assessment forms an integral part of framework established for the delivery of Met Forward. Risks to the delivery of Met Forward strands are included in the emerging risks and issues register and corporate risk register as appropriate.

Financial Implications

3. An assessment of financial risks is undertaken as part of the annual budget submission cycle and is reported to Finance and Resources Committee. A detailed analysis of financial risk was presented to the Corporate Governance committee in December 2010. Detailed costs for developing and maintaining control measures are included in the budgeted work plans for each MPA business unit.

Legal Implications

4. There are no direct legal implications arising from this report.

Environmental Implications

5. There are no direct environmental implications arising from this report.

D. Background papers

Appendix 1: MPA Corporate Risk Register

E. Contact details

Report author: Catherine Crawford, MPA Chief Executive

For information contact:

MPA general: 020 7202 0202
Media enquiries: 020 7202 0217/18

Supporting material

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