Following the downgrading of the credit rating for a number of UK financial firms the strategy will have to be redeveloped with our treasury advisors
Decision type: Non-key
Decision status: Abandoned
Decision due: 5 Dec 2011 by Cabinet
Department: Strategic & Corporate Services
Contact: Nick Vickers, Business Partner (Pension Fund) Email: nick.vickers@kent.gov.uk Tel: 01622 694603.
Consultation process
N/a
Consultees
Informing Only
Who and when?
N/A
Who is it necessary to consult?
N/A
Has the matter already been discussed by a Policy, Overview and Scrutiny Committee?:
Discussed with Treasury Advisory Group
Is the matter referred to in your Business Plan or Medium Term Capital Programme?
Yes
Closing date for consultation/receiving comments:
N/A
Financial implications: Nick Vickers, Head of Financial Services, 01622694603, nick.vickers@kent.gov.uk
Legal implications: 11/01748
Equalities implications: The Treasury Strategy is approved annually and sets out the approved limits and institutions with which KCC can invest short term deposits