FAQ Part 4 of 4 : How do we know whether our treasury function requires basic or complex solutions and oversight?

In our series of FAQ questions by CEO's, CFO's and Treasurers, the issue of whether we need a complex or simple solution is based on whether the treasury itself is a complex or simple operation. We have provided 4 criteria in looking at this classification, the first two being the Treasury Structure and Liquidity Risk Management. This article addresses the 4th component of Governance Risk Management in this series.

WellCapital can help you – we use a structured approach with defined criteria to provide insight and guidance on the requirements.

Four of the WellCapital Treasury Rubik focus areas are used to support the analyses and requirements of a complex, intermediate and basic treasury operations and structure. The six WellCapital Treasury Rubik focus areas include :

i)              Treasury structure and systems;

ii)            Liquidity Risk~I;

iii)          Foreign Exchange Risk~I;

iv)          Commodity Risk~I;

v)            Governance~I; and

vi)          Strategic impact and value added

Part 4 of 4 : GOVERNANCE RISK MANAGEMENT

This focus area includes the external legislative and regulatory environment for the relevant countries as well as the group/company specific governance and control structures. In addition, consideration is given to new developments and best practice.