6 TREASURY MANAGEMENT ANNUAL PERFORMANCE REPORT 2016/17 PDF 494 KB
To consider a joint report of the Executive Member for Corporate Services and Chief Finance Officer, which was also considered at the Executive meeting on 26 June 2017.
Minutes:
The Committee received a joint report of the Executive Member for Corporate Resources and the Chief Finance Officer, outlining the treasury management activities undertaken during 2016/17.
Following a question from a Member regarding the recent allegations concerning the funding of terrorism by Qatar, Members were advised that a decision had been taken to cease all investments with Qatar National Bank going forward. All of Trafford’s current investments with the Bank would be repaid by 21 August 2017.
RESOLVED: That the Accounts & Audit Committee advise the Council:
1. of the Treasury Management activities undertaken in 2016/17;
2. that no prudential limits were breached during 2016/17; and
3. that there was full compliance with both the CIPFA Code of Practice on Treasury Management and CIPFA Prudential Code for Capital Finance.
7. TREASURY MANAGEMENT ANNUAL PERFORMANCE REPORT 2016/17 PDF 494 KB
To consider a joint report of the Executive Member for Corporate Services and Chief Finance Officer, which has also been submitted to the Executive meeting on 26 June 2017.