The objectives of the treasury policy are:
- to protect our business from future banking failures
- to ensure staff know their roles and responsibilities
- to be clear and transparent to our customers.
The policy seeks to set out appropriate parameters as deemed fit by the Board for Elexon’s banking arrangements, in order to minimise counterparty risk, while delivering a reasonable rate of return on the Elexon Group cash balances and being able to meet the organisation’s financial obligations. There are three core objectives this policy covers; security, liquidity and yield.
You can read the full policy in the document below: