Audit and Risk Committee, 4 September 2024

The contents of this document are OFFICIAL: SENSITIVE

Meeting: Audit and Risk Committee, 4 September 2024 Agenda Item: 3.2 Matters arising and ongoing Paper Type: For Decision SLT Sponsor: Matthew Swainson, Acting DCEO Governance, Risk & Legal

Draft resolution: The Committee discussed the matters arising report and agreed to close the matters identified to be closed.

Matters to be closed at meeting

Meeting & agenda item: 14 March 2024, Joint Audit & Risk Committees, 6.2 Legal Risk Report.

[redacted]

Meeting & agenda item: 14 March 2024, Joint Audit & Risk Committees, 3.3 Committee meeting dates and forward agenda.

Summary: Board Secretariat to review proposed schedule against ANAO audit milestones and organise a meeting with the Chair and management to discuss any additional meeting requirements.

Responsible: Board Secretariat Recommended status: Propose to Close Meeting occurred Monday 2 September 2024.

Meeting & agenda item: 6 June 2024, Audit & Risk Committees, 6.4 Annual Strategic Risk Review FY 2024-25.

Summary: Mr Sullivan to redraft the strategic risks to include cyber security and resubmit to the Committee.

Responsible: Mark Sullivan Recommended status: Propose to Close

The revised Strategic Risks were circulated to the Committee out of session on 12 June 2024 for endorsement.

Meeting & agenda item: 6 June 2024, Audit & Risk Committee, 6.2 Legal Risk Report

[redacted]

Audit & Risk Committee Meeting Items

Meeting & agenda item: 6 June 2024, Audit & Risk Committee, 6.2 Legal Risk Report.

Meeting & agenda item: 6 June 2024, Audit & Risk Committees, 6.1 Chief Risk Officer Report (Q3).

Summary: Mr Sullivan to provide more detailed brief on Operation Royal.

Responsible: Mark Sullivan Recommended status: Propose to Close

A paper on Operation Royal will be considered by the Committee at its 4 September meeting.

Meeting & agenda item: 6 June 2024, Audit & Risk Committees, 6.3 Integrity Update.

Summary: Mr Dardo to provide the Board with a timeline for Crack Down on Fraud system uplifts and integrity work.

Responsible: John Dardo Recommended status: Propose to close

The Integrity Transformation Program update was provided to the Board via fortnightly reporting on 1 August 2024.

Open matters

Meeting & agenda item: 14 March 2024, Joint Audit & Risk Committees, 7.1 Audit Management Report. Summary: Board Secretariat to liaise with new Audit and Risk Committee Chair and Office of the CEO, regarding attendance of Commonwealth Ombudsman at future meeting following his report on Administrative Appeals Tribunal. Responsible: Board Secretariat Recommended status: Open Ombudsman report on Administrative Appeals Tribunal is expected to be delivered by the end of September 2024.
Meeting & agenda item: 6 June 2024, Audit & Risk Committees, 2.1 In camera – Committee Members Summary: Board Secretariat to organise for the Chair, the CEO and Mr Swainson to meet with the ANAO to discuss historical findings in the second week of July. Responsible: Board Secretariat Recommended status: Open Meeting to be rescheduled at a future date, following advice from the 4 September 2024 Audit and Risk Committee meeting.
Meeting & agenda item: 6 June 2024, Joint Audit & Risk Committees, 4.4 Hard Close Financial Statements Summary: [redacted — s47] Responsible: Samuel Porter Recommended status: Open Management are currently considering and will provide a response in Q2 FY 24/25.
Meeting & agenda item: 6 June 2024, Joint Audit & Risk Committees, 6.4 Annual Strategic Risk Review FY 2024-25 Summary: Management to confirm the Agency’s cyber security insurance cover. Responsible: Samuel Porter Recommended status: Open Management are currently considering and will provide a response in Q2 FY 24/25.
Meeting & agenda item: 6 June 2024, Joint Audit & Risk Committees, 6.4 Annual Strategic Risk Review FY 2024-25. Summary: Mr Porter to bring a paper to Board or Committee about cyber security. Responsible: Samuel Porter Recommended status: Open