Role of the treasury and capital management panel
The Treasury and Capital Management Panel focuses on public sector cash flows and broader asset management issues.
The panel:
- forms and implements policy within committee–approved strategies and business plans
- approves (by the Chair where necessary) CIPFA responses to consultation and discussion papers and exposure drafts issued by government and other relevant bodies.
- produces, recommends, monitors and reports on work programmes to committee
- develops, promotes and maintains best practice, standards and guidelines
- advises members and employers on relevant issues
- develops the CIPFA Prudential Code for local authority capital finance and the CIPFA Treasury Management Code of Practice
- consults with government departments, devolved authorities, Bank of England, Public Works Loan Board, HM Treasury, the Local Government Association and COSLA on matters affecting treasury management in the public services
- responds to and comments on market concerns relevant to public services.
CIPFA is also represented on the following external groups:
- The Capital Programmes Working Party
- Department for Communities and Local Government Technical Sub-Group – Capital Finance
- National Assembly for Wales – Capital Finance Group.