Financial transaction control framework

Financial Transaction Control Framework

The financial transaction control framework sets out how government plans to control new financial transactions. It commits to delivering new, large scale financial transactions through designated, expert public financial institutions, reporting transparently on the financial assets government holds, recognising costs in departmental budgets if investments are expected to be loss making from the outset and introducing new risk-based controls. The Treasury will work with public financial institutions and departments on the detailed implementation of this framework.