Dealing mandate

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Revision as of 19:38, 3 March 2017 by imported>Doug Williamson (Create the page. Source: linked page Mandate and CertTF Reading 9.1 The key elements of financial transactions, p52.)
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A dealing mandate is a formal agreement regulating the dealing relationship between an organisation and its counterparties, authorising people to conduct transactions, possibly applying limits to the size of deals and procedures concerning settlement, and regulating the opening and closing of transactions.

Mandates are a key element of treasury controls and are an essential mechanism for reducing an organisation's dealing risk.


See also

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