Advisory: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Links ordering.) |
imported>Doug Williamson (Add definition - source - linked pages.) |
||
| (One intermediate revision by the same user not shown) | |||
| Line 1: | Line 1: | ||
''Corporate treasury''. | 1. ''Corporate treasury - adjective''. | ||
Advisory is a structural corporate treasury role which may vary from pure ‘advice’ which local management can ignore if they wish, through to having the authority to set corporate policy, and having effective control over the overall direction of treasury activity. | Advisory is a structural corporate treasury role which may vary from pure ‘advice’ which local management can ignore if they wish, through to having the authority to set corporate policy, and having effective control over the overall direction of treasury activity. | ||
Advisory treasuries are associated with relatively decentralised structures, compared with agency or in-house bank arrangements. | Advisory treasuries are associated with relatively decentralised structures, compared with agency or in-house bank arrangements. | ||
2. ''Good practice - adjective''. | |||
Relating to recommendations, rather than laws or regulations. | |||
3. ''Noun''. | |||
Information provided for reference or for potential use. | |||
Without having legal effect. | |||
| Line 10: | Line 22: | ||
* [[Agency]] | * [[Agency]] | ||
* [[Corporate treasury]] | * [[Corporate treasury]] | ||
* [[Good practice]] | |||
* [[Guidance]] | |||
* [[In-house bank]] | * [[In-house bank]] | ||
* [[Law]] | |||
* [[Regulation]] | |||
* [[Treasury]] | * [[Treasury]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 13:56, 12 October 2022
1. Corporate treasury - adjective.
Advisory is a structural corporate treasury role which may vary from pure ‘advice’ which local management can ignore if they wish, through to having the authority to set corporate policy, and having effective control over the overall direction of treasury activity.
Advisory treasuries are associated with relatively decentralised structures, compared with agency or in-house bank arrangements.
2. Good practice - adjective.
Relating to recommendations, rather than laws or regulations.
3. Noun.
Information provided for reference or for potential use.
Without having legal effect.
