Contents
Report 15 of the 14 June 2010 meeting of the Corporate Governance Committee, with a summary of the development of the MPA risk management process.
Warning: This is archived material and may be out of date. The Metropolitan Police Authority has been replaced by the Mayor's Office for Policing and Crime (MOPC).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: 15
Date: 14 June 2010
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 and the on-going development of the MPA risk management process.
B. Supporting information
1. The 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 has recently been reviewed and updated to include additional control measures as a result of further budget pressures and the risks to governance in policing. The register also reflects the contribution of the Met Forward Programme in mitigating a number of risks to delivering MPA priorities. Each business unit lead continues to assess the effectiveness of the control measures as part of the work planning and monitoring process.
3. The corporate risk register is regularly reviewed by the MPA Senior Management Team (SMT) and Business Management Group (BMG). Key emerging risks are reported by the heads of business units and reviewed by BMG at its fortnightly meetings. Appropriate action is agreed and monitored on an ongoing basis by the MPA SMT and BMG.
4. The MPA Deputy Chief Executive continues to lead on the development of the MPA business plan and performance management framework ensuring that key strategic risks are identified within the business and budget planning cycle. Risk assessment forms an integral part of the performance management framework established for the delivery of Met Forward. Any risk to the delivery of the strands of Met Forward is included in the analysis of the emerging risks reported to BMG.
5. Future developments include a detailed review of the MPA risk register at the MPA SMT quarterly strategic review planned for July and delivering further training to business unit leads in September. The Director of Audit, Risk and Assurance is also working in liaison with the MPS strategic lead for risk management to align the MPS and MPA risk registers.
C. Race and equality impact
Equality impact assessments will be conducted for each strand of Met Forward and for all MPA policies supporting the risk management process.
D. Financial implications
An assessment of financial risks is undertaken as part of the annual budget submission cycle and is reported to Finance and Resources Committee. The cost of developing and maintaining control measures is included in the budgeted work plans for each business unit in the MPA.
E. Legal implications
None given.
F. Background papers
- None
G. 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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