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Treasury management compliance with CIPFA code

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Treasury management compliance with CIPFA code

Date: No dates for this event.
Course duration: 1 day
Venue: Bob Allan Conference Centre, Saracen House, 139 Saracen Street, Glasgow, G22 5AZ
Costs: Members £95.00 / Non-Members £195.00

Who’s it for and what’s it about?

In August 2015 the Scottish Housing Regulator updated their guidance on Treasury Management Policy (TMP) by simply requiring RSLs to adopt the key recommendations and principles of CIPFA’s Treasury Management in the Public Services; Code of Practice and Cross Sectoral Guidance Notes (2011).

This course, for senior officers and finance staff, is designed to help you understand the CIPFA code to ensure compliance. The underlying principle that should shape any Treasury Management Policy is that the governing body is risk-­averse. The policies and practices outlined within the policy should make clear that the effective management and control of risk are the prime objective of the strategy.

The policy should demonstrate good governance and recognise the crucial role and responsibility the organisation has to deliver good services to tenants, keep the association / co-operative financially healthy and compliant with the conditions in the loan documents.

Course Content

  • The need for compliance with loan conditions --> Covenants & Information requirements * any other relevant conditions in the loan agreement 
  • The need to ensure the Housing Association is not exposed to too much risk ;identifying these risks and how the RSL may protect themselves from them
  • The control the management committee has over the TMP
  • An investment strategy for use of deposits and
  • Borrowing Strategy for lending 
     

Learning outcomes

  • Discuss a strategy for implementing improvements to your TMP in line with the CIPFA guidance
  • Identify an action plan for implementing the strategy
  • Look at the adequacy of your current TMP
  • Look at the skills, knowledge and experience that the current and future senior staff will require in implementing the policy
  • Gain a further understanding of the covenant, information requirements and other conditions in loans documents.

 

Trainer:  Paul McNeil