Contents
Report 12 of the 23 March 2009 meeting of the Corporate Governance Committee, gives an update on progress in implementing the treasury management action plan agreed by Finance and Resources Committee in March 2009.
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Treasury management action plan - update
Report: 12
Date: 22 March 2010
By: Treasurer
Summary
This is the regular update report on the progress in implementing the treasury management action plan agreed by Finance and Resources Committee on 5 March 2009.
A. Recommendation
That members note the contents of the report.
B. Supporting information
1. At the Finance and Resources Committee meeting of 5 March 2009 an action plan was agreed in response to recommendations following an independent report into treasury management by KPMG. It was agreed at that meeting that Corporate Governance Committee would monitor implementation of the approved Treasury management action plan at each of it’s quarterly meetings.
2. Accordingly, the progress made against the individual recommendations has been set out in Appendix 1. Members are invited to review the detailed progress identified therein. Further quarterly updates will be brought to this committee at its future meetings.
C. Race and equality impact
None specific to this report.
D. Financial implications
There are costs associated with a number of the actions which will need to fully assessed as part of the implementation process.
E. Background papers
- Treasury Management report to Finance and Resources Committee 5 March 2009
F. Contact details
Report author: Annabel Adams, Deputy Treasurer, MPA
For information contact:
MPA general: 020 7202 0202
Media enquiries: 020 7202 0217/18
Supporting material
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