The Cabinet Office and HM Treasury do not have a common view of risks across arm’s-length bodies. Departments collect risk data from their ALBs on a regular basis. The Cabinet Office does not request this, nor use it to identify systemic issues across government. There is no function within the Cabinet Office responsible for liaising on cross-departmental or ALB risk with the Government Finance Function, who lead on the oversight and reporting of risks to the Civil Service Board. We acknowled...

The Cabinet Office and HM Treasury do not have a common view of risks across arm’s-length bodies. Departments collect risk data from their ALBs on a regular basis. The Cabinet Office does not request this, nor use it to identify systemic issues across government. There is no function within the Cabinet Office responsible for liaising on cross-departmental or ALB risk with the Government Finance Function, who lead on the oversight and reporting of risks to the Civil Service Board. We acknowledge that accountability for risk management in ALBs resides with departmental Accounting Officers, but the Cabinet Office is best placed to identify risks Type: recommendation | Number: 4 | Response status: under_consideration Government response: 4.1 The government agrees with the Committee’s recommendation. Target implementation date: Summer 2022 4.2 The Cabinet Office will work with the Government Finance Function to: • promoting good practice and effective relationships and transparency betwee