117 Enterprise Board Risk Register
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Minutes:
The Board received a report on the Enterprise Board Risk Register as part of the agreed six monthly update. The Board noted the increase in likelihood of the inherent risks identified for the two employment stretch targets and new business registration rate from medium to high and subsequent increase in controls in place as a consequence of the current economic climate.
In response to concerns regarding the impact of inherent and residual risk for EP2 data quality remaining high, confirmation was provided that monitoring service would be going out for tender.
RESOLVED:
That the Board note the report.