South West London CCG Annual Report and Accounts 2020/21

priority areas and associated risks. The BAF forms the basis for the Governing Body to assess its position regarding achieving its corporate objectives. It uses principal risks to achieve those objectives as the foundation for assessment. It considers the current level of control alongside the level of assurance that can be placed against those controls. The BAF has been created from three core areas of the CCG’s more detailed Corporate Risk Register: • Risks with a significant residual score, for example, those that score over 15. • Those risks that we believe are either likely to be growing in significance or that we wish to flag to the Audit Committee as posing a risk to delivering essential areas of work. Overarching risks that collate and summarise several more detailed risks present on the risk register. For example, finance. The CCG views risk management as key to the successful delivery of its business and remains committed to ensuring staff are equipped to assess, manage, escalate and report risks. This ensures a comprehensive overview of all the risks affecting the organisation and facilitates decision making about those risks that need immediate treatment and those that the organisation can tolerate for a specified amount of time. The CCG uses an NHS standard risk scoring matrix (CASU 2002) to determine the scales of impact and likelihood of adverse events. The scale is scored from 1-25 (with 1 being the least severe and 25 being the most). The risk will continue to be managed at D=director level with oversight by the committee relevant to the risk as well as oversight from the Audit Committees in common. This allows: • The appropriate level of investigation and causal analysis to be carried out. • Identification of the level at which the risk will be managed, the assigning of priorities for remedial action and determination of whether the risk will be accepted. The areas of high risk for NHS South West London CCG are: Using the residual risk rating (i.e. after controls are taken into account), there are three risks of significant nature (significant risks are those on the risk register scored at 15 and above): • RRSWLCCG008 – The impact of elective Referral to Treatment (RTT) (including diagnostic and cancer pathways) • RRSWLCCG051 – NHS Constitution Standards • RRSWLCCG101 – Roll out of Covid-19 Vaccination Program Across South West London Annual Report and Accounts 2020/21 | 141