FX policy guide
Our guide is intended to help you write your charity's FX Risk Management Policy. A comprehensive policy supports the achievement of an organisation’s objectives by enabling the identification and evaluation of risks, setting acceptable thresholds, identifying and mapping controls against these risks and implementing policies and procedures to manage and monitor the process.
The guide helps establish the foreign exchange risk management framework and defines the procedures and controls for the effective management of a charity.
A sound policy is essential to ensure all foreign exchange risks are fully recognised and treated in a manner consistent with: the Treasury's management control and philosophy; requirements of financiers; commonly accepted industry practise and corporate governance.
These issues will be addressed through the continuing evolution of this policy, which should be reviewed annually at a minimum, as risks are likely to change over time.
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