Decision details

REFERRED TO CABINET: That Finance, Audit and Risk Committee make recommendations to Cabinet on this Strategy, and in relation to Cabinet’s recommendations which are:

That Cabinet recommends to Council that they:

(1)   Approve the adoption of the Investment Strategy (as attached at Appendix A).

(2)   That Council approve the adoption of the four clauses in relation to the Code of Practice on Treasury Management (as detailed in paragraphs 8.10 to 8.16).

REASON FOR REFFERAL: To ensure the Council’s compliance with CIPFA’s code of practice on Treasury Management, the Local Government Act 2003, statutory guidance from Government, and the CIPFA Prudential Code. As well as determining and managing the Councils risk appetite in respect of investments