Authorisation: Difference between revisions
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1. ''Treasury''. | 1. ''Treasury''. | ||
A key control in treasury. Authorisation needs to be provided for all transactions in treasury and given only by a small number of people with the appropriate (seniority) qualifications. | A key control in treasury. | ||
Authorisation needs to be provided for all transactions in treasury and given only by a small number of people with the appropriate (seniority) qualifications. | |||
The individuals with power of authorisation should be listed in a document also specifying the various transactions that can be authorised, procedures for controlling authorisation, etc. | The individuals with power of authorisation should be listed in a document also specifying the various transactions that can be authorised, procedures for controlling authorisation, etc. | ||
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* [[Liquidity]] | * [[Liquidity]] | ||
* [[Rogue trader]] | * [[Rogue trader]] | ||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Risk_reporting]] | |||
Revision as of 20:02, 9 December 2021
1. Treasury.
A key control in treasury.
Authorisation needs to be provided for all transactions in treasury and given only by a small number of people with the appropriate (seniority) qualifications.
The individuals with power of authorisation should be listed in a document also specifying the various transactions that can be authorised, procedures for controlling authorisation, etc.
2.
Similar controls and structures outside the treasury context.
