02 — Capability · BC-230.50
Treasury Governance & Reporting
Set the policies treasury operates within, report to leadership on liquidity, funding and risk positions, and keep the controls tight around a function that touches all the money.
- Treasury Policy
- Treasury Controls
In scope
- Treasury policy and delegated authorities
- Treasury reporting to leadership and the board
- Treasury control framework and segregation
Out of scope
- Accounting entries for treasury transactions (see BC-210)
Decomposes into · 3
- BC-230.50.10Treasury Policy & AuthoritiesDefine what treasury may do, within what limits and with whose approval, and review the policy as the enterprise and the markets change.
- BC-230.50.20Treasury ReportingReport liquidity headroom, debt maturity, hedge positions and covenant status to leadership on a schedule and in a form that prompts decisions.
- BC-230.50.30Treasury ControlsSeparate deal initiation, confirmation and settlement, and reconcile treasury records against bank and counterparty confirmations daily.