Advisory: Difference between revisions
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imported>Doug Williamson (Add definition. Source: Linked pages) |
imported>Doug Williamson (Add definition - source - linked pages.) |
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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. | ||
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2. ''Good practice''. | 2. ''Good practice - adjective''. | ||
Relating to recommendations, rather than laws or regulations. | Relating to recommendations, rather than laws or regulations. | ||
3. ''Noun''. | |||
Information provided for reference or for potential use. | |||
Without having legal effect. | |||
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.
