Financial transaction control framework
The government’s approach to managing financial transactions under its fiscal framework
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Ref: ISBN 978-1-917151-96-2
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The financial transaction control framework sets out when government will use financial transactions (issuing loans or investing in financial assets like equity) and the controls in place around their use. It commits to delivering new, large scale financial transactions through designated, expert public financial institutions, reporting transparently on the value and performance of financial assets government holds, recognising costs in departmental budgets if investments are expected to be loss making from the outset, and introducing new risk-based controls.
From: HM Treasury
