The need to identify high-level risks to the organisation emerged from Audit Committee meetings held following a Bar Council’s risk review exercise in 2014/15. The Representation, Policy and Services and Resources Groups both undertook to develop a risk register to capture and track organisational risks.
A new register was produced in April 2016, focusing on the key, high-level risks that could potentially cause a threat to the operational ability of the Bar Council. Risks are categorised according to their likelihood and impact, and rated as ‘low’, ‘medium’ or ‘high’.
A Risk Management Group meets monthly to review the risk register which is presented at each Audit Committee meeting. The register is reported twice yearly to the Bar Council, and Bar Council Officers attend bi-annual Risk Management Group meetings. To ensure that the register is fully embedded in Bar Council processes and understood by all staff, it is also discussed twice yearly at the internal Operational Management Board (OMB) meetings.
Contact and further information
The Bar Council
289-293 High Holborn