MPA Risk Management update

Report: 7
Date: 13 September 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 following an evaluation of the effectiveness of the control measures by MPA business unit heads. The current risk rating for each identified risk area has been reassessed and the actions required in mitigating key risks further, documented and agreed.

3. The direction of travel for each risk area is shown in the register. Budget pressures continue to increase risk exposure and we await the outcome of the Comprehensive Spending Review to assess fully the impact on the MPA and MPS. The Treasurer is due to present a separate report on the financial risks facing the Authority to the December meeting of this Committee. Developments continue on defining the governance for policing going forward with the Home Office consultation paper Policing in the 21st Century published in July. The MPA corporate response will be discussed at the September meeting of SoP prior to submission to the Home Office. The MPA SMT are also providing advice and input to the submissions from the Association of Police Authority Chief Executives (APACE) and the Police Authority Treasurers Society (PATS).

4. 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.

C. Other organisational and community implications

Equality and diversity impact

Equality impact assessments will be conducted for each strand of Met Forward and for all MPA policies supporting the risk management process.

Consideration of Met Forward

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.

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.

Legal implications

None.

Environmental implications

None.

D. Background papers

None

E. Contact details

Report author: Catherine Crawford, MPA Chief Executive

For information contact:

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

Send an e-mail linking to this page

Feedback