19/10/2026
22 October 2026 Risk and Assurance Committee
The Risk and Assurance Committee supports Council by providing independent oversight of risk management, internal controls, audit, and compliance.
It helps ensure financial, operational, and legal risks are well managed, major projects and systems are robust, and reporting and assurance processes are reliable, providing Council with informed advice.
04:30 PM - 06:30 PM
Council Chambers, Level 2, Civic Centre, 838-842 Fergusson Drive, Upper Hutt, 5018
Risk and Assurance Committee Agenda - 22 October 2026
https://www.upperhutt.govt.nz/files/assets/public/v/1/meetings/2026/cycle-4/risk-committee-agenda-20261022.pdf
Functions and Responsibilities
Risk Management
• Oversee Council’s risk management framework and systems (Local Government Act 2002
s101).
• Review the organisation’s top risks, emerging risks, and mitigation plans.
• Receive regular updates on health and safety risk.
• Receive and review quarterly legislative compliance reporting, including any incidents of non compliance, areas of elevated legal risk, and progress on remedial actions.
Internal Controls and Assurance
• Monitor the effectiveness of internal control frameworks.
• Oversee internal audit activities, plans, and findings.
• Review the organisation’s ethical, fraud-prevention, and integrity controls.
Financial Reporting and External Audit
• Review the Annual Report and financial statements (Local Government Act 2002 s98).
• Provide oversight of the external audit process.
• Meet with external auditors and review significant audit findings.
Insurance and Financial Risk
• Review Council’s insurance arrangements.
• Monitor risks relating to financial sustainability and treasury activity (as relevant to risk, not
decision-making).
Policy Review (Assurance Focus)
• Review corporate policies linked to ethics, compliance, controls, or risk, and recommend any required changes to Council.
Other Governance Oversight
• Consider any matter referred by Council relating to risk, internal controls, or assurance.
Additional Assurance Functions
• Meet with external auditors and internal auditors at least annually without management
present.
• Review and approve the Internal Audit Charter, ensuring internal audit maintains
organisational independence.
• Monitor implementation of internal and external audit recommendations and require regular progress reporting.
Review Council’s fraud, probity and integrity controls and receive updates on any incidents or suspected breaches.
