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  • Annual Review of Risk Management 2024 to 2025

Annual Review of Risk Management 2024 to 2025

Purpose and recommendations

The purpose of this report is to set out the changes to risk management over the last financial year April 2024 to March 2025. This report is a look back and sets out the transformational change to the management of risk in SEPA during the period.

This report was approved for submission to the Agency Board by the Audit, Risk and Assurance Committee at their meeting on 20 May 2025. A summary of the principal risk register can be found as Appendix 1. For additional details on principal risks, Board members should refer to the Audit, Risk and Assurance Committee paper from 20 May. 

The Agency Board is asked to review and note the annual review of risk management 2024-2025.

Read the annual review of risk management (MS Word, 150 KB)

  • Katie Cairnie, Senior Business Consultant, Assurance and Risk

13 June 2025

  • Kirsty-Louise Campbell, Chief Officer Governance, Performance and Engagement