Consultation on Thetreasury Management in the Public Services: Code of Practice And

Consultation on theTreasury Management in the Public Services: Code of Practice and Cross-Sectoral Guidance Notes

August 2017

Response Sheet

This response sheet will be regarded as on the public record and may be published on the CIPFA website unless confidentiality is specifically requested on the response form. If you require your response to be treated as confidential please indicate this clearly on the response itself.

Name / Melissa Evans
Organisation / Babergh / Mid Suffolk District Councils
Do you wish this response to be considered as confidential? / No
Please enter your contact details if you are happy to be contacted about your response

Responses are required by 30 September 2017 and should be sent to.

Consultation Questions
Treasury Management Indicators
Q1. / Do you agree with the proposed indicator changes? / Yes
Q1a / If No, please give your reasons below
Non Treasury Investments
Q2 / Do you agree with the clarification that the Code should cover all investments held primarily for financial returns and the proposed amendments to the Code set out in the annex? / Yes
Q2a / If No, please give your reasons below
Reporting
Q3: / Do you agree with the proposal to allow some delegation of reporting to a committee/sub-committee in order to promote more active engagement and with the subsequent changes proposed to the Code? / Yes
Q3a / If No, please give your reasons below
Other changes
Q4 / Are there any other comments you wish to make, including on the proposed substantive changes set out in the Annex? / Yes
Q4a / If Yes, please make your comments below
The principles of security, liquidity and yield are to apply to all investments. Loans are sometimes made to ensure service outcomes. In these cases, the service outcome is often given a greater importance than security of the principal. Also it may be difficult to measure the security and liquidity of investment properties.