The Cabinet Office told us it focusses on cross-cutting risks that can only be addressed at the centre of government. It addresses these risks through the production of the national risk register and the national security risk assessment, and through summarising risks across ALBs and examining these for patterns and themes.31 However, there is currently no function within the Cabinet Office that is responsible for liaising with the Government Finance Function on cross-departmental and ALB ris...

The Cabinet Office told us it focusses on cross-cutting risks that can only be addressed at the centre of government. It addresses these risks through the production of the national risk register and the national security risk assessment, and through summarising risks across ALBs and examining these for patterns and themes.31 However, there is currently no function within the Cabinet Office that is responsible for liaising with the Government Finance Function on cross-departmental and ALB risk. As the Government Finance Function leads the oversight and reporting of risks to the Civil Service Board, a lack of interaction between these two bodi Type: conclusion | Number: 15 | Response status: under_consideration Government response: 4: PAC conclusion: The Cabinet Office and HM Treasury do not have a common view of risks across arm’s-length bodies. 4: PAC recommendation: In its Treasury Minute response the Cabinet Office should set out how: • it will gain assurance that departments have