Friday, September 10, 2010

Latest Developments

June 2010 Budget

22 June 2010

HM Treasury has published the Budget 2010, setting out the government's taxation and spending plans for the next five years.

Guidance on local government investments

09 April 2010

CLG has issued revised statutory guidance on investments that came into force on 1 April 2010.

Treasury Management Panel responds to consultations

15 January 2010

The Panel has responded to consultations by CLG and the PWLB.

Investment Decision Making and Disclosure in the LGPS

14 December 2009

This new CIPFA publication should enable all funds to demonstrate the application of the Myners principles and maintain standards of governance.

Essential new guidance from CIPFA

23 November 2009

CIPFA publishes a new Prudential Code, Treasury Management Code of Practice and guidance notes.

Value of LGPS funds has fallen

21 October 2009

The latest statistics relating to the Local Government Pension Scheme in England have been released.

CIPFA response to select committee report on local authority investments

11 June 2009

CIPFA recommends that local authority finance scrutiny committees are given specific responsibility for the scrutiny of investment decisions.

Share your treasury management experience

10 June 2009

TISonline Investments is looking for new members to join the editorial board.

Icelandic banks

19 May 2009
CIPFA has published estimates of expected losses for councils investing in Icelandic banks.

Risk and return - English local authorities and the Icelandic banks

27 March 2009
This Audit Commission report examines local authorities’ deposits in Icelandic banks and their treasury management practices. In response, CIPFA has announced a review of guidance.

Delivering Good Governance in Local Government Pension Funds

17 February 2009
CIPFA has published a guide to the application of the CIPFA/SOLACE Code of Corporate Governance to management of LGPS funds.

CIPFA proposes changes to LGPS investment regulations

06 February 2009
A report by the CIPFA Pensions Panel advocates simplifying and modernising the Local Government Pension Scheme (LGPS) regulations.

Accounting Practice for Investment Losses

05 March 2009
Communities and Local Government is consulting on regulations to help local authorities with funds in banks where there is uncertainty about recovery.

Local authority investments in troubled Icelandic banks

14 October 2008
Local authorities are seeking the equivalent protection from the Treasury as has been granted to personal savers.

Collateral damage

08 October 2007
This article looks at the impact of recent financial upheavals on public sector investments and pension funds.

Gordon Brown's new broom

29 June 2007
In a written statement to Parliament, the Prime Minister announced a series of changes to the Government's organisation and structure that would 'sharpen the focus of central Government' on the 'new and very different challenges' that Britain will face.

CPA: 4 out of 5 councils achieve 3 or 4 CPA stars

22 February 2007
Local government continues to rise to the challenge of the annual Comprehensive Performance Assessment (CPA), with 79 per cent of single tier and county councils reaching the top two star rating categories, according to the 2006 results published by the Audit Commission on 22 February

CIPFA Local Authority Accounting Conference, 15 - 16 March

13 February 2007
This years Conference will be held at the Renaissance Hotel, Solihull on 15-16 March 2007.

Business continuity planning

29 January 2007
A study addresses the possible implications of a major disruption in local authorities' treasury management activities.

DCLG publishes finance 'key facts'

08 November 2006
The key facts card is a pocket-sized document containing summary tables on local government financial statistics, ranging from capital expenditure to council tax rates.