The Director of Resources submitted a report asking committee to approve and adopt the treasury management policy statement and practices for 2021/22 that had been reviewed.
The document followed the wording recommended by the latest edition of the CIPFA Treasury Management in the Public Services: Code of Practice and Cross Sectoral Guidance Notes 2017 Edition and the practices were set out in a manner in which the Council would seek to achieve its treasury management policies and objectives, and how it would manage and control those activities.
A number of minor updates were highlighted that had been made to the Schedules within the document.
*** RESOLVED THAT COMMITTEE:
Recommend to Council the Treasury Management Policies and Practices 2021/22 as outlined with the deletion of the paragraph relating to supranational bonds and the list of approved investments instruments for the same (pages 21 and 23 of the document).