Reducing Reliance on Credit Rating Agency (CRA) Ratings Action Plan Singapore. Reducing References to CRA Ratings in Laws and Regulations

Size: px
Start display at page:

Download "Reducing Reliance on Credit Rating Agency (CRA) Ratings Action Plan Singapore. Reducing References to CRA Ratings in Laws and Regulations"

Transcription

1 Reducing Reliance n Credit Rating Agency (CRA) Ratings Actin Plan Singapre A Reducing References t CRA Ratings in Laws and Regulatins 1 As part f the FSB thematic review n reducing reliance n CRA ratings, the Mnetary Authrity f Singapre (MAS) 1 updated its stcktake f references t credit ratings in dmestic laws and regulatins in The stcktake did nt reveal substantial hardwiring f credit ratings in legislatin beynd what is already prescribed in internatinal standards. The identified references were assessed t be unlikely t encurage mechanistic reliance by financial institutins. Central Bank Operatins 2 There is minimal reliance n CRA ratings in central bank peratins carried ut by MAS. Our liquidity facilities mainly accept Singapre gvernment securities and MAS bills, while ur risk management framewrk fr reserves management cnsiders a wide range f inputs fr the assessment f credit risk, including market based indicatrs (e.g. CDS spreads) and qualitative factrs (e.g. parental and gvernment supprt). Regulatin and Supervisin 3 Where references t credit ratings are present, MAS has taken steps t ensure that the references t credit ratings are generally accmpanied by caveats that ratings are nt sufficient in and f themselves and shuld be accmpanied by apprpriate credit assessments. This aims t reduce verreliance n credit ratings by financial institutins. Banking and capital markets intermediaries. Fr regulatry capital cmputatin, Singapre-incrprated banks, merchant banks and capital markets services licensees are required t perfrm an apprpriate level f due diligence prir t the use f any recgnised external credit assessment institutin (ECAI). They are als expected t assess whether regulatry risk weights applied are apprpriate fr the risk f the expsure, and cnsider any higher degree f credit risk in their evaluatin f verall capital adequacy. These requirements are set ut in the relevant rules, e.g. MAS Ntice 637 (paragraph 7.3.3A, paragraph 3.3 f Annex 10A), MAS Ntice 1111 (paragraphs 7.3.3A and 7.3.4A) and MAS Ntice SFA 04- N13 (paragraph 3 f Annex 5A). 1 The Mnetary Authrity f Singapre is the integrated regulatr f banking, insurance and securities in Singapre. The MAS is respnsible fr develping and executing the actin plan. 1

2 Securities. MAS Cde n Cllective Investment Schemes (CIS) includes sme references t credit ratings. Accrdingly, MAS amended the Cde in 2011 t explicitly stress that a CIS peratr shuld nt rely slely r mechanistically n ratings issued by credit rating agencies. Where pssible, the CIS peratr shuld make its wn credit assessments t verify ratings issued by CRAs. Where the credit rating differs frm the CIS peratr s internal assessment, the mre cnservative rating shuld be adpted. This is intended t ensure that CIS peratrs take a prudent apprach (and cnsider the factrs that culd have caused the lwer ratings) when making investment decisins r selecting cunterparties 2. 4 In sme areas, mst ntably bank capital adequacy and liquidity cverage rules, references t credit ratings in dmestic rules are tied t their presence in internatinal standards, i.e. the BCBS Standardised Appraches. As at the end f September 2013, 1 ut f the 4 Singapre incrprated banking grups 3 and all 34 Singapre-incrprated merchant banks 4 use nly the Standardised Apprach fr credit risk. Overall, 19.3% f the ttal riskweighted assets f the lcally incrprated banking grups and merchant banks are cvered by the Standardised Apprach fr credit risk. 5 Taking int cnsideratin the wrk that has already been dne, MAS has identified the fllwing key areas fr further actin: Actin a. Use f ratings in bank capital adequacy requirements. Ratings frm external credit assessment institutins (ECAIs) are used fr the purpse f regulatry capital cmputatin, in line with the Basel Cmmittee n Banking Supervisin s (BCBS) recmmendatins under the Basel capital rules. Timeline Internal review f dmestic rules t be cmpleted 6 mnths after BCBS Task Frce n Standardised This apprach recgnises that there culd be situatins where the credit rating agencies are better placed than the CIS peratr t undertake credit assessments, e.g. where the peratr des nt have access t pertinent infrmatin t accurately assess the credit risk f an investment. Cnversely, in ther situatins, the peratr may be in a better psitin t undertake the credit assessment, e.g. where the peratr has an in-depth understanding f the lcal markets and cnditins. CIS peratrs are bliged t give due cnsideratin t bth internal and external ratings, as well as the cntributing factrs tward any differences between the tw, and adpt the mre prudent rating. The 3 Singapre-incrprated banking grups adpt a partial use f the Standardised Apprach fr credit risk. Merchant banks are a class f financial institutins licensed and supervised under the MAS Act. They have mre specialised business mdels such as capital market activities (e.g. crprate finance) and wealth management activities. The 34 Singapre-incrprated merchant banks accunt fr 4.2% f ttal assets f the banking system in Singapre. 2

3 Banks are already required t perfrm an apprpriate level f due diligence prir t the use f the ratings by a recgnised CRA, and expected t assess whether the regulatry risk weight applied is apprpriate fr the risk f the expsure. Where the IRB apprach has been adpted, MAS will cntinue t ensure that the banking grup uses the apprach fr a meaningful prprtin f credit expsures acrss the entire banking grup. Further prgress in remving references t credit ratings in bank capital adequacy requirements hinges upn the wrk f the BCBS Task Frce n the Standardised Appraches, which is currently under way. As a BCBS member, MAS will take guidance frm the Basel review upn its cmpletin. Appraches publishes its recmmendatins. Legislative changes, if any, t be issued within 1 year after the cmpletin f the internal review. b. Use f ratings in the rules n expsures t single cunterparty grups fr banks. Currently, certain expsures (e.g. expsures t AAA-rated svereigns and public sectr entities) are treated as exempt expsures fr the purpse f cmpliance with the large expsure limits. MAS will take guidance frm the BCBS review n an internatinally harmnised large expsures framewrk. Amendments will be made t references n the use f CRA ratings accrdingly. A plicy review f dmestic rules t be cmpleted 12 mnths after BCBS cmpletes its review n the large expsures framewrk. c. Use f ratings in Cde n Cllective Investment Schemes. Under the Cde n Cllective Investment Schemes, cllective investment schemes cnstituted as prperty funds are subjected t a 35% leverage limit, which can be raised t 60% if the fund btains a credit rating and disclses such ratings t the public. MAS is reviewing this requirement, and any prpsed change will be put up fr public cnsultatin in late 2013/2014. Public cnsultatin in B Strengthening credit assessment capabilities 6 As nted in the FSB s September 2013 status reprt t G20 Leaders n prgress in reducing reliance n credit ratings and strengthening versight f CRAs, the develpment f market participants internal risk assessment systems is frequently cnstrained by resurce requirements and the relative scarcity f expertise in credit risk analysis. 3

4 7 In line with the FSB radmap fr reducing reliance n CRA ratings, MAS has als taken measures t strengthen the credit assessment capabilities f market participants. These include: Banking. Singapre-incrprated banks are required t cmply with the public disclsure requirements prescribed under Pillar 3 f the Basel capital framewrk. At the brad level, a bank is required t disclse: its credit risk strategies and prcesses; the structure and rganisatin f the credit risk management functin; the scpe and nature f its risk reprting and measurement systems; and its plicies fr hedging and mitigating risk, and prcess fr mnitring the cntinuing effectiveness f such plicies. Disclsure requirements with respect t internal credit risk assessment prcesses include: the rle played by CRA ratings in internal credit risk assessment prcesses (e.g. the types f expsure fr which ratings f each CRA are used); the structure f internal rating systems and the relatinship between internal and external ratings; the prcess fr managing and recgnising credit risk mitigants; and the cntrl mechanisms fr the rating system including independence, accuntability, and rating system review. Insurance. MAS requires direct insurers t have in place a risk management strategy setting ut clear methdlgies and assessments t justify its selectin f reinsurers and reinsurance arrangements, with credit ratings nly ne factr in the assessment. Securities. MAS has intrduced a requirement fr the prspectus f assetbacked securities t disclse any frm f due diligence (including any review, verificatin, r assessment) in respect f underlying assets that has been perfrmed by the issuer, spnsr, riginatr, underwriter r any third party. The bjective f this rule is t encurage parties invlved in the ffer t cnduct mre careful due diligence and risk assessment (including credit risk assessment) n underlying assets. Central cunterparties (CCPs). There are currently tw systemically imprtant CCPs in Singapre, namely, the Singapre Exchange Derivatives Clearing Limited and the Central Depsitry. MAS requires CCPs t have in place credit assessment prcesses in respect f their cllateral plicies and supervisin f 4

5 members, and nt rely slely n credit ratings 5. Any changes t CCP risk management practices are subject t MAS review and apprval. The 2013 IMF FSAP had assessed bth CCPs clearing and settlement infrastructures as sund and efficient, with effective risk management framewrks. 8 As nted in the FSB s September 2013 status reprt t G20 Leaders n CRArelated initiatives, the develpment f firms internal risk assessment systems is frequently cnstrained by resurce requirements and the relative scarcity f expertise in credit risk analysis. Hence, MAS will encurage market participants t enhance their credit risk assessment capabilities. In ding s, MAS will aim t ensure that market participants credit risk management prcesses are rbust and cmmensurate t the scale and cmplexity f their peratins. Actin Timeline a. Engaging financial institutins. On an nging basis and as apprpriate, MAS will wrk with industry n enhancing their credit assessment capabilities thrugh several channels: Onging i. On-site inspectin and ff-site supervisry review f credit risk assessment prcesses t ensure that they are rbust and d nt place undue reliance n credit ratings. Areas fr imprvement in the credit assessment prcesses and gd credit underwriting practices bserved frm inspectins will be shared with the respective financial institutins and the industry where apprpriate. ii. iii. Encuraging regular review f the use f CRA ratings in investment plicies, guidelines and mandates f investment managers and regulated institutinal investrs (e.g. insurers), n a supervisry basis. Regular and adequate industry wide stress testing f banks and insurers t determine that financial 5 Fr instance, CCPs cnduct internal assessments t ensure that nly quality cllateral with lw credit, liquidity and market risks are accepted, and apply cnservative haircuts accrdingly. Assessments f credit risks include mnitring fr any adverse news r develpments in relatin t the particular cllateral. CCPs als d nt currently invest cllateral psted with them. With respect t supervisin f members, CCPs have ther membership criteria, such as financial, peratinal and legal requirements t ensure that admissin criteria and nging requirements are risk-based and cmmensurate with risks undertaken by members. 5

6 institutins take apprpriate remedial r risk mitigatins where warranted n their ptential expsure t credit risk arising frm adverse market cnditins. iv. Prmulgatin and peridic update f guidelines n sund practices in credit risk management. The guidelines cver varius aspects f the credit lifecycle, with a view t ensuring that financial institutins plicies, prcesses and practices are sund and result in a prperly cntrlled credit risk envirnment. v. Regular dialgue with industry thrugh firm-specific and rundtable discussins t understand challenges faced in building independent credit risk assessment systems. b. Enhancing disclsures t investrs. Our securities ffering regime is geared twards prmting effective disclsure thrugh imprving the quality f infrmatin given t investrs s as t equip investrs t make infrmed investment decisins. (i) (ii) Even thugh ur current regime des nt place undue reliance n credit ratings, MAS plans t amend existing regulatins t imprve the quality f infrmatin given t investrs. Where a credit rating is disclsed in a prspectus, the prspectus must (i) explain the meaning, functin and limitatins f the credit rating, including the fact that it is a statement f pinin (ii) state that the rating is nt a recmmendatin t invest in the securities, and (iii) state that the rating is current as at the date f registratin f the prspectus and subject t revisin r withdrawal at any time. We expect t effect this amendment by 1Q In additin, the Cde n Cllective Investment Schemes currently states that the manager shuld nt rely slely and mechanistically n ratings issued by credit rating agencies and shuld perfrm its wn internal credit assessment t verify these ratings. MAS will cnsult n a prpsal t require the CIS manager t disclse in the prspectus the credit risk Effected by 1Q 2014 Public Cnsultatin in

7 assessment practices that it has adpted fr the purpses f verifying the ratings issued by credit rating agencies. The infrmatin t be disclsed culd include the scpe f the assessment, the extent t which it will rely n ratings issued by credit rating agencies and ther tls/metrics that will be used in the internal credit assessment. This disclsure requirement will encurage CIS peratrs t put in place rbust credit risk assessment practices as investrs are less likely t invest in CIS where the disclsure shws that the scpe and extent f the credit risk assessment practices f the CIS peratrs are inadequate. We aim t cnduct a public cnsultatin n this prpsal in c. Taking guidance frm internatinal standard setters n issues such as alternative standards f creditwrthiness and ways t strengthen market participants credit assessment capabilities. We will review internatinal guidance as it is issued, with a view t incrprating it int ur supervisry apprach where apprpriate. Onging 7

Change Management Process

Change Management Process Change Management Prcess B1.10 Change Management Prcess 1. Intrductin This plicy utlines [Yur Cmpany] s apprach t managing change within the rganisatin. All changes in strategy, activities and prcesses

More information

CASSOWARY COAST REGIONAL COUNCIL POLICY ENTERPRISE RISK MANAGEMENT

CASSOWARY COAST REGIONAL COUNCIL POLICY ENTERPRISE RISK MANAGEMENT CASSOWARY COAST REGIONAL COUNCIL POLICY ENTERPRISE RISK MANAGEMENT Plicy Number: 2.20 1. Authrity Lcal Gvernment Act 2009 Lcal Gvernment Regulatin 2012 AS/NZS ISO 31000-2009 Risk Management Principles

More information

FINANCIAL SERVICES FLASH REPORT

FINANCIAL SERVICES FLASH REPORT FINANCIAL SERVICES FLASH REPORT Draft Regulatry Cmpliance Management Guideline Released by the Office f the Superintendent f Financial Institutins May 5, 2014 On April 30, 2014, the Office f the Superintendent

More information

Internal Audit Charter and operating standards

Internal Audit Charter and operating standards Internal Audit Charter and perating standards 2 1 verview This dcument sets ut the basis fr internal audit: (i) the Internal Audit charter, which establishes the framewrk fr Internal Audit; and (ii) hw

More information

SECTION J QUALITY ASSURANCE AND IMPROVEMENT PROGRAM

SECTION J QUALITY ASSURANCE AND IMPROVEMENT PROGRAM Audit Manual Sectin J SECTION J QUALITY ASSURANCE AND IMPROVEMENT PROGRAM Ref. Plicy and Practice Requirements IIA Standards and Other references J 1 Plicy: The Head f Internal Audit shall develp and maintain

More information

Audit Committee Charter. St Andrew s Insurance (Australia) Pty Ltd St Andrew s Life Insurance Pty Ltd St Andrew s Australia Services Pty Ltd

Audit Committee Charter. St Andrew s Insurance (Australia) Pty Ltd St Andrew s Life Insurance Pty Ltd St Andrew s Australia Services Pty Ltd Audit Cmmittee Charter St Andrew s Insurance (Australia) Pty Ltd St Andrew s Life Insurance Pty Ltd St Andrew s Australia Services Pty Ltd Versin 2.0, 22 February 2016 Apprver Bard f Directrs St Andrew

More information

Risk Management Policy AGL Energy Limited

Risk Management Policy AGL Energy Limited Risk Management Plicy AGL Energy Limited AUGUST 2014 Table f Cntents 1. Abut this Dcument... 2 2. Plicy Statement... 2 3. Purpse... 2 4. AGL Risk Cntext... 3 5. Scpe... 3 6. Objectives... 3 7. Accuntabilities...

More information

10 th May 2010. Dear Peter, Re: Audit Quality in Australia: A Strategic Review

10 th May 2010. Dear Peter, Re: Audit Quality in Australia: A Strategic Review 10 th May 2010 Mr. Peter Levy Audit Quality Strategic Review Crpratins and Financial Services Divisin The Treasury Langtn Crescent PARKES ACT 2600 Dear Peter, Re: Audit Quality in Australia: A Strategic

More information

Audit Committee Charter

Audit Committee Charter Audit Cmmittee Charter Membership The Audit Cmmittee (the "Cmmittee") f the Bard f Directrs (the "Bard") f Philip Mrris Internatinal Inc. (the "Cmpany") shall cnsist f at least three directrs all f whm

More information

Gravesham Borough Council

Gravesham Borough Council Classificatin: Part 1 Public Key Decisin: Please specify - N Gravesham Brugh Cuncil Reprt t: Perfrmance and Administratin Cmmittee Date: 12 Nvember 2015 Reprting fficer: Subject: Crprate Perfrmance Manager

More information

E-Business Strategies For a Cmpany s Bard

E-Business Strategies For a Cmpany s Bard DATATEC LIMITED BOARD CHARTER / TERMS OF REFERENCE 1. CONSTITUTION The primary bjective f the Cmpany s Bard Charter is t set ut the rle and respnsibilities f the Bard f Directrs ( the Bard ) as well as

More information

CHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF UPLAND SOFTWARE, INC.

CHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF UPLAND SOFTWARE, INC. CHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF UPLAND SOFTWARE, INC. PURPOSE The purpse f the Cmpensatin Cmmittee f the Bard f Directrs (the Bard ) f Upland Sftware, Inc. (the Cmpany

More information

Corporate Standards for data quality and the collation of data for external presentation

Corporate Standards for data quality and the collation of data for external presentation The University f Kent Crprate Standards fr data quality and the cllatin f data fr external presentatin This paper intrduces a set f standards with the aim f safeguarding the University s psitin in published

More information

Equal Pay Audit 2014 Summary

Equal Pay Audit 2014 Summary Equal Pay Audit 2014 Summary Abut the dcument The fllwing summary is an abridged versin f Ofcm s equal pay audit 2014. In the full versin f the reprt we set ut ur key findings, cmment n any issues arising

More information

MSB FINANCIAL CORP. MILLINGTON BANK AUDIT COMMITTEE CHARTER

MSB FINANCIAL CORP. MILLINGTON BANK AUDIT COMMITTEE CHARTER MSB FINANCIAL CORP. MILLINGTON BANK AUDIT COMMITTEE CHARTER This Audit Cmmittee Charter has been amended as f July 17, 2015. The Audit Cmmittee shall review and reassess this Charter annually and recmmend

More information

Business Continuity Management Policy

Business Continuity Management Policy Business Cntinuity Management Plicy Versin: 1.0 Last Amendment: Apprved by: Library Cuncil f New Suth Wales Plicy wner/spnsr: Directr, Operatins and Chief Financial Officer Plicy Cntact Officer: Senir

More information

MANITOBA SECURITIES COMMISSION STRATEGIC PLAN 2013-2016

MANITOBA SECURITIES COMMISSION STRATEGIC PLAN 2013-2016 MANITOBA SECURITIES COMMISSION STRATEGIC PLAN 2013-2016 The Manitba Securities Cmmissin (the Cmmissin) is a divisin f the Manitba Financial Services Agency (MFSA). The ther divisin is the Financial Institutins

More information

ITIL Release Control & Validation (RCV) Certification Program - 5 Days

ITIL Release Control & Validation (RCV) Certification Program - 5 Days ITIL Release Cntrl & Validatin (RCV) Certificatin Prgram - 5 Days Prgram Overview ITIL is a set f best practices guidance that has becme a wrldwide-adpted framewrk fr Infrmatin Technlgy Services Management

More information

Environment Protection Authority

Environment Protection Authority Envirnment Prtectin Authrity EPA Cmplaints Management Plicy Intrductin This plicy sets ut the purpse, principles and prcess fr hw custmer feedback, including cmplaints, will be managed in the EPA t imprve

More information

BIBH Duty Statements and Governance chart reviewed and approved April 2014. BIBH Executive Governance & Management Arrangements

BIBH Duty Statements and Governance chart reviewed and approved April 2014. BIBH Executive Governance & Management Arrangements BIBH Duty Statements and Gvernance chart reviewed and apprved April 2014 BIBH Executive Gvernance & Management Arrangements BIBH COMMITTEE CEO - Paul O Cnnell Executive Secretary - Brian Firth Executive

More information

GENERAL MOTORS COMPANY AUDIT COMMITTEE CHARTER. Most Recently Amended: December 8, 2015

GENERAL MOTORS COMPANY AUDIT COMMITTEE CHARTER. Most Recently Amended: December 8, 2015 GENERAL MOTORS COMPANY AUDIT COMMITTEE CHARTER Mst Recently Amended: December 8, 2015 Purpse The purpse f the Audit Cmmittee is t assist the Bard f Directrs f General Mtrs Cmpany in its versight f the

More information

SEC FLASH REPORT. June 28, 2011

SEC FLASH REPORT. June 28, 2011 SEC FLASH REPORT The Securities and Exchange Cmmissin Issues Prpsal t Strengthen Audits and Reprting f Brker-Dealers t Prtect Custmer Assets and Requests Cmments June 28, 2011 On June 15, 2011, the U.S.

More information

Process Improvement Center of Excellence Service Proposal Recommendation. Operational Oversight Committee Report Submission

Process Improvement Center of Excellence Service Proposal Recommendation. Operational Oversight Committee Report Submission Prcess Imprvement Center f Excellence Service Prpsal Recmmendatin Operatinal Oversight Cmmittee Reprt Submissin INTRODUCTION This Prpsal prvides initial infrmatin regarding a pssible additin t a service.

More information

Financial advisory and taxation services in Australia

Financial advisory and taxation services in Australia Financial advisry and taxatin services in Australia CPA Australia The Institute f Chartered Accuntants in Australia The Natinal Institute f Accuntants Intrductin: Access t financial and tax advice Cnsumers

More information

The Town of Fort Frances

The Town of Fort Frances The Twn f Frt Frances PERFORMANCE APPRAISAL POLICY SECTION HUMAN RESOURCES REVISED August 2002 Reslutin N. Supercedes Reslutin N. Plicy Number 3.3 PAGE 1 f 9 1. PURPOSE: The purpse f supprt staff perfrmance

More information

Template on written coordination and cooperation arrangements of the supervisory college established for the <XY> Group/<A> Institution

Template on written coordination and cooperation arrangements of the supervisory college established for the <XY> Group/<A> Institution COORDINATION AND COOPERATION ARRANGEMENTS EBA/RTS/2014/16 EBA/ITS/2014/07 Annex II Template n written crdinatin and cperatin arrangements f the supervisry cllege established fr the Grup/ Institutin

More information

ITIL V3 Planning, Protection and Optimization (PPO) Certification Program - 5 Days

ITIL V3 Planning, Protection and Optimization (PPO) Certification Program - 5 Days ITIL V3 Planning, Prtectin and Optimizatin (PPO) Certificatin Prgram - 5 Days Prgram Overview The ITIL Intermediate Qualificatin: Planning, Prtectin and Optimizatin (PPO) Certificate is a free-standing

More information

KERRY ROGERS, DIRECTOR OF CORPORATE SERVICES/COMPANY SECRETARY

KERRY ROGERS, DIRECTOR OF CORPORATE SERVICES/COMPANY SECRETARY Bard f Directrs Meeting Reprt Subject: Gvernance Framewrk Date: 30 th Octber 2014 Authr: KERRY ROGERS, DIRECTOR OF CORPORATE SERVICES/COMPANY SECRETARY Lead Directr: KERRY ROGERS BACKGROUND A Bard s prpsed

More information

Business Plan 2014-15

Business Plan 2014-15 Cmmissin fr Lcal Administratin in England Business Plan 2014-15 All Business Plan activity is linked t ur fur Strategic Objectives LGO Business Plan 2014-2015 v web 3 Page 1 descriptin 1. Prvide a cmplaints

More information

Project Management Fact Sheet:

Project Management Fact Sheet: Prject Fact Sheet: Managing Small Prjects Versin: 1.2, Nvember 2008 DISCLAIMER This material has been prepared fr use by Tasmanian Gvernment agencies and Instrumentalities. It fllws that this material

More information

RATIONALE TERMS OF REFERENCE FOR THE QUALITY COMMITTEE UNDER THE EXCELLENT CARE FOR ALL ACT. Authority

RATIONALE TERMS OF REFERENCE FOR THE QUALITY COMMITTEE UNDER THE EXCELLENT CARE FOR ALL ACT. Authority RATIONALE With the intrductin f the Excellent Care fr All Act, hspital bards must nw have a quality cmmittee that reprts t the bard. The template prvides sample terms f references fr rganizatins t adapt

More information

Phi Kappa Sigma International Fraternity Insurance Billing Methodology

Phi Kappa Sigma International Fraternity Insurance Billing Methodology Phi Kappa Sigma Internatinal Fraternity Insurance Billing Methdlgy The Phi Kappa Sigma Internatinal Fraternity Executive Bard implres each chapter t thrughly review the attached methdlgy and plan nw t

More information

Finance, Performance and Risk Committee 2014/2015

Finance, Performance and Risk Committee 2014/2015 Finance, Perfrmance and Risk Cmmittee 2014/2015 Date f Meeting: 17 December 2014 Agenda Item: Click here t enter text. Subject: Infrmatin Gvernance Plicy Reprting Officer: Paul Byrne Lead IG Manager Aim

More information

UNIVERSITY OF CALIFORNIA MERCED PERFORMANCE MANAGEMENT GUIDELINES

UNIVERSITY OF CALIFORNIA MERCED PERFORMANCE MANAGEMENT GUIDELINES UNIVERSITY OF CALIFORNIA MERCED PERFORMANCE MANAGEMENT GUIDELINES REFERENCES AND RELATED POLICIES A. UC PPSM 2 -Definitin f Terms B. UC PPSM 12 -Nndiscriminatin in Emplyment C. UC PPSM 14 -Affirmative

More information

FHWA Compliance Assessment Program (CAP) Guidance

FHWA Compliance Assessment Program (CAP) Guidance See 2015 updates at http://www.fhwa.dt.gv/federalaid/stewardship/feb2015update.cfm FHWA Cmpliance Assessment Prgram (CAP) Guidance Backgrund ed ed The gal f risk-based prject stewardship and versight is

More information

LINCOLNSHIRE POLICE Policy Document

LINCOLNSHIRE POLICE Policy Document LINCOLNSHIRE POLICE Plicy Dcument 1. POLICY IDENTIFICATION PAGE POLICY TITLE: ICT CHANGE & RELEASE MANAGEMENT POLICY POLICY REFERENCE NO: PD 186 POLICY OWNERSHIP: ACPO Cmmissining Officer: Prtfli / Business-area

More information

DALBAR Due Diligence: Trust, but Verify

DALBAR Due Diligence: Trust, but Verify BEST INTEREST INVESTMENT RECOMMENDATIONS Advisr Rle under Best Interest Regulatins January 27, 2016 In the era when the cntractual bligatin is t act in the client s best interest, investment decisins can

More information

ENTERPRISE RISK MANAGEMENT ENTERPRISE RISK MANAGEMENT POLICY

ENTERPRISE RISK MANAGEMENT ENTERPRISE RISK MANAGEMENT POLICY ENTERPRISE RISK MANAGEMENT POLICY Plicy N. 10014 Review Date Octber 1, 2014 Effective Date March 1, 2014 Crss- Respnsibility Vice President, Reference Administratin Apprver Executive Cuncil 1. 1. Plicy

More information

CHANGE MANAGEMENT STANDARD

CHANGE MANAGEMENT STANDARD The electrnic versin is current, r when printed and stamped with the green cntrlled dcument stamp. All ther cpies are uncntrlled. DOCUMENT INFORMATION Descriptin Dcument Owner This standard utlines the

More information

Hearing Loss Regulations Vendor information pack

Hearing Loss Regulations Vendor information pack Hearing Lss Regulatins Vendr infrmatin pack Nvember 2010 Implementing the Accident Cmpensatin (Apprtining Entitlements fr Hearing Lss) Regulatins 2010 The Minister fr ACC, the Hn. Dr Nick Smith, has annunced

More information

Roles and Responsibilities

Roles and Responsibilities Rles and Respnsibilities 1. Rle f the Bard The Bard, which is elected by the sharehlders, is the ultimate decisin-making bdy f the Cmpany, except with respect t matters reserved t sharehlders. The primary

More information

Pay Strategy for Country- Appointed Staff

Pay Strategy for Country- Appointed Staff Pay Strategy fr Cuntry- Appinted Staff Cntents Overview...3 Audience...3 Respnsibilities...3 Glssary...3 Crprate pay philsphy...3 Plicy...4 Perfrmance-related pay...5 Cmmunicating pay infrmatin t staff...5

More information

17 Construction environmental management plan (CEMP)

17 Construction environmental management plan (CEMP) 17 Cnstructin envirnmental management plan (CEMP) Bur Happld Cntents 17 Cnstructin Envirnmental Management Plan (CEMP) 17-1 17.1 Intrductin 17-1 17.2 Intrductin t EMS 17-1 17.2.1 Plicy 17-2 17.2.2 Planning

More information

Key Steps for Organizations in Responding to Privacy Breaches

Key Steps for Organizations in Responding to Privacy Breaches Key Steps fr Organizatins in Respnding t Privacy Breaches Purpse The purpse f this dcument is t prvide guidance t private sectr rganizatins, bth small and large, when a privacy breach ccurs. Organizatins

More information

DTO Advice Note. Mobility Management Plans

DTO Advice Note. Mobility Management Plans DUBLIN TRANSPORTATION OFFICE PREAMBLE s what and why are they? The s are intended as guidance fr Lcal Authrities and thers invlved in land use planning and develpment in the Greater Dublin Area. The need

More information

Better Practice Guide Financial Considerations for Government use of Cloud Computing

Better Practice Guide Financial Considerations for Government use of Cloud Computing Better Practice Guide Financial Cnsideratins fr Gvernment use f Clud Cmputing Nvember 2011 Intrductin Many Australian Gvernment agencies are in the prcess f cnsidering the adptin f clud-based slutins.

More information

The actions discussed below in this Appendix assume that the firm has already taken three foundation steps:

The actions discussed below in this Appendix assume that the firm has already taken three foundation steps: MAKING YOUR MARK 6.1 Gd Practice This sectin presents an example f gd practice fr firms executing plans t enter the resurces sectr supply chain fr the first time, r fr thse firms already in the supply

More information

SUPPORTING ECONOMIC GROWTH AND BUILDING ECONOMIC RESILIENCE RECOMMENDATIONS FOR THE G-20 LEADERS SUMMIT NOVEMBER 15-16, 2014

SUPPORTING ECONOMIC GROWTH AND BUILDING ECONOMIC RESILIENCE RECOMMENDATIONS FOR THE G-20 LEADERS SUMMIT NOVEMBER 15-16, 2014 Octber 8, 2014 Dr. Heather Smith Deputy Secretary, G20 Sherpa C/ G20 Taskfrce Department f the Prime Minister and Cabinet PO Bx 6500 CANBERRA ACT 2600 AUSTRALIA By e-mail: Heather.Smith@pmc.gv.au SUPPORTING

More information

CMS Eligibility Requirements Checklist for MSSP ACO Participation

CMS Eligibility Requirements Checklist for MSSP ACO Participation ATTACHMENT 1 CMS Eligibility Requirements Checklist fr MSSP ACO Participatin 1. General Eligibility Requirements ACO participants wrk tgether t manage and crdinate care fr Medicare fee-fr-service beneficiaries.

More information

POSITION DESCRIPTION. Classification Higher Education Worker, Level 7. Responsible to. I.T Manager. The Position

POSITION DESCRIPTION. Classification Higher Education Worker, Level 7. Responsible to. I.T Manager. The Position Psitin Title I.T Prject Officer Classificatin Higher Educatin Wrker, Level 7 Respnsible t The Psitin I.T Manager The psitin assists with the cmpletin f varius IT prjects intended t enable the nging administratin

More information

RE: Operational Standards for the Cancer Waiting Times Commitments

RE: Operational Standards for the Cancer Waiting Times Commitments 30 July 2009 T: Strategic Health Authrity Chief Executives Primary Care Trust Chief Executives NHS Trust Chief Executives CC: Care Quality Cmmissin Mnitr NHS Imprvement Natinal Cancer Actin Team Strategic

More information

THIRD PARTY PROCUREMENT PROCEDURES

THIRD PARTY PROCUREMENT PROCEDURES ADDENDUM #1 THIRD PARTY PROCUREMENT PROCEDURES NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS TRANSPORTATION DEPARTMENT JUNE 2011 OVERVIEW These prcedures establish standards and guidelines fr the Nrth Central

More information

NON BINDING GUIDANCE TO ENSURE A MINIMUM

NON BINDING GUIDANCE TO ENSURE A MINIMUM Dc.1598_EN NON BINDING GUIDANCE TO ENSURE A MINIMUM STANDARD OF COMPETENCE OF PERSONS WHO CARRY- OUT PERIODIC AND ASSEMBLY EXAMINATIONS OF TOWER AND MOBILE CRANES SLIC - Senir Labur Inspectrs Cmmittee

More information

AUDIT AND RISK COMMITTEE TERMS OF REFERENCE

AUDIT AND RISK COMMITTEE TERMS OF REFERENCE AUDIT AND RISK COMMITTEE TERMS OF REFERENCE 1. TITLE OF COMMITTEE Audit and Risk Cmmittee 2. ESTABLISHMENT The Audit and Risk Cmmittee is established under Part 3 Sectin 19(1) f the Charles Darwin University

More information

Terms of Reference for the Fire Review Panel

Terms of Reference for the Fire Review Panel Terms f Reference fr the Fire Review Panel Purpse The Fire Review Panel (the Panel) is appinted t prvide independent advice t the Minister f Internal Affairs (the Minister) abut hw the Gvernment can achieve:

More information

TO: Chief Executive Officers of all National Banks, Department and Division Heads, and all Examining Personnel

TO: Chief Executive Officers of all National Banks, Department and Division Heads, and all Examining Personnel AL 96-7 Subject: Credit Card Preapprved Slicitatins TO: Chief Executive Officers f all Natinal Banks, Department and Divisin Heads, and all Examining Persnnel PURPOSE The purpse f this advisry letter is

More information

Chapter 7 Business Continuity and Risk Management

Chapter 7 Business Continuity and Risk Management Chapter 7 Business Cntinuity and Risk Management Sectin 01 Business Cntinuity Management 070101 Initiating the Business Cntinuity Plan (BCP) Purpse: T establish the apprpriate level f business cntinuity

More information

Briefing 4 Inquests and the disclosure of information to the coroner

Briefing 4 Inquests and the disclosure of information to the coroner briefing February 2013 The Francis Reprt Briefing 4 Inquests and the disclsure f infrmatin t the crner Key chapters Key recmmendatins 2, 11, 14, 22 274, 45, 273, 282, 283, 17 There is a requirement nt

More information

Multi-Year Accessibility Policy and Plan for NSF Canada and NSF International Strategic Registrations Canada Company, 2014-2021

Multi-Year Accessibility Policy and Plan for NSF Canada and NSF International Strategic Registrations Canada Company, 2014-2021 Multi-Year Accessibility Plicy and Plan fr NSF Canada and NSF Internatinal Strategic Registratins Canada Cmpany, 2014-2021 This 2014-21 accessibility plan utlines the plicies and actins that NSF Canada

More information

Communal Property Institution Capacity Assessment Tool

Communal Property Institution Capacity Assessment Tool Cmmunal Prperty Institutin Capacity Assessment Tl Intrductin t cmmunal prperty institutins Cmmunal prperty institutins (CPIs) Participants in the land refrm prgramme can hld prperty thrugh different frms

More information

Municipal Advisor Registration

Municipal Advisor Registration FACT SHEET Municipal Advisr Registratin SEC Open Meeting Sept. 18, 2013 The Securities and Exchange Cmmissin tday will cnsider whether t adpt a rule that wuld establish a permanent registratin regime fr

More information

Online Learning Portal best practices guide

Online Learning Portal best practices guide Online Learning Prtal Best Practices Guide best practices guide This dcument prvides Micrsft Sftware Assurance Benefit Administratrs with best practices fr implementing e-learning thrugh the Micrsft Online

More information

Dampier Bunbury Pipeline (DBP)

Dampier Bunbury Pipeline (DBP) Limited ABN 59 001 777 591 AFSL 232497 April 2011 (Update) Cst f Debt Summary Paper Dampier Bunbury Pipeline (DBP) IMPORTANT NOTE Nte 1 This dcument has been prepared by AMP Capital Investrs Limited (AMP

More information

FINANCE SCRUTINY SUB-COMMITTEE

FINANCE SCRUTINY SUB-COMMITTEE REPORT FOR: PERFORMANCE AND FINANCE SCRUTINY SUB-COMMITTEE Date f Meeting: 6 January 2015 Subject: Staff Survey and Sickness Absence Mnitring Results and Actin plans Respnsible Officer: Scrutiny Lead Member

More information

How To Deal With A Data Breach In The European Law

How To Deal With A Data Breach In The European Law Data Prtectin: Regulating Cyber Security Jnathan Bamfrd Head f Strategic Liaisn Hw des DP regulatin affect cyber security? Data Prtectin Act 1998: apprpriate security Privacy and Electrnic Cmmunicatin

More information

Captive outsourcing models

Captive outsourcing models Captive utsurcing mdels India TP hygiene wrkshp Presenter: Vishnu Bagri Octber 23, 2013 2013 Transfer Pricing Assciates Hlding B.V. BACKDROP + India has evlved as a premier utsurcing hub fr IT, ITES, engineering

More information

Customer Care Policy

Customer Care Policy Custmer Care Plicy Page 1 f 12 CUSTOMER CARE POLICY Keighley & District Vlunteer Centre and Bradfrd Vlunteer Centre are independent charities that wrk in partnership t prmte vlunteering and t supprt lcal

More information

Our Approach to Executive Compensation

Our Approach to Executive Compensation Our Apprach t Executive Cmpensatin March 2015 Title page date (9 pt Arial) Our Apprach t Executive Cmpensatin We describe herein ur beliefs and expectatins related t executive cmpensatin 1 practices, ur

More information

Luxembourg Regulation

Luxembourg Regulation Luxemburg Regulatin HEDGE FUNDS 2010 Hedge fund managers/advisrs Regulatin Authrizatin requirements and prcess A Luxemburg Management Cmpany is subject t prir authrizatin by the Regulatr, the Cmmissin

More information

Government of Malta. Reference: GMICT X 0004-1:2014 Version: 7.0. Effective: 07 January 2014

Government of Malta. Reference: GMICT X 0004-1:2014 Version: 7.0. Effective: 07 January 2014 Gvernment f Malta Reference: GMICT X 0004-1:2014 Versin: 7.0 Effective: 07 January 2014 This dcument is part f the http://ictplicies.gv.mt Underlined terms are defined in the Vcabulary. Purpse The purpse

More information

Financial Planning Agreement

Financial Planning Agreement Financial Planning Agreement This Financial Planning Agreement, the ( Agreement ), dated as f, 20, is by and between Vulcan Investments LLC, 2100 SuthBridge Pkwy, Suite 650 Birmingham, AL. 35209, an investment

More information

Chicago Department of Finance. Tax Audit Process

Chicago Department of Finance. Tax Audit Process Chicag Department f Finance Tax Audit Prcess Audit Overview There are varius ways a business gets selected fr audit. The mst cmmn are referrals frm anther divisin f the Department f Finance, referral frm

More information

Communicating Deficiencies in Internal Control to Those Charged with Governance and Management

Communicating Deficiencies in Internal Control to Those Charged with Governance and Management Internatinal Auditing and Assurance Standards Bard ISA 265 April 2009 Internatinal Standard n Auditing Cmmunicating Deficiencies in Internal Cntrl t Thse Charged with Gvernance and Management Internatinal

More information

SETTING UP A SYNDICATE SERVICE COMPANY IN HONG KONG

SETTING UP A SYNDICATE SERVICE COMPANY IN HONG KONG SETTING UP A SYNDICATE SERVICE COMPANY IN HONG KONG 2012 2 Disclaimer This is fr reference nly and is nt cnsidered t be legal advice. Whilst all care has been taken t ensure the accuracy f the infrmatin

More information

THE CITY UNIVERSITY OF NEW YORK IDENTITY THEFT PREVENTION PROGRAM

THE CITY UNIVERSITY OF NEW YORK IDENTITY THEFT PREVENTION PROGRAM THE CITY UNIVERSITY OF NEW YORK IDENTITY THEFT PREVENTION PROGRAM 1. Prgram Adptin The City University f New Yrk (the "University") develped this Identity Theft Preventin Prgram (the "Prgram") pursuant

More information

How To Understand The Risks Of A Financial Institutin

How To Understand The Risks Of A Financial Institutin Guidance n Managing Outsurcing Risk Divisin f Banking Supervisin and Regulatin Divisin f Cnsumer and Cmmunity Affairs Bard f Gvernrs f the Federal Reserve System December 5, 2013 Table f Cntents I. Purpse

More information

High Level Meeting on National Drought Policy (HMNDP) CICG, Geneva 11-15 March 2013

High Level Meeting on National Drought Policy (HMNDP) CICG, Geneva 11-15 March 2013 High Level Meeting n Natinal Drught Plicy (HMNDP) CICG, Geneva 11-15 March 2013 Plicy Dcument: Natinal Drught Management Plicy United Natins Cnventin t Cmbat Desertificatin (UNCCD) Fd and Agriculture Organizatin

More information

THE FACULTY OF LAW AND SOCIAL SCIENCES. Department of Economics and Department of Development Studies

THE FACULTY OF LAW AND SOCIAL SCIENCES. Department of Economics and Department of Development Studies Appendix G REC 25 May 2011 THE FACULTY OF LAW AND SOCIAL SCIENCES Department f Ecnmics and Department f Develpment Studies PROGRAMME SPECIFICATIONS FOR THE DEGREES OF MPHIL AND PHD IN INTERNATIONAL DEVELOPMENT

More information

Pilot Learning Group. Round Table Action Learning Session 1: Models of partnership working

Pilot Learning Group. Round Table Action Learning Session 1: Models of partnership working Pilt Learning Grup Rund Table Actin Learning Sessin 1: Mdels f partnership wrking Intrductin The Academy fr Justice (AJC) pilt learning grup was established fllwing a requirement t develp Learning Grups

More information

EBA/DP/2013/04 19/12/2013. Discussion paper. Draft methodology for assessment of liquidity and funding risk under SREP

EBA/DP/2013/04 19/12/2013. Discussion paper. Draft methodology for assessment of liquidity and funding risk under SREP EBA/DP/2013/04 19/12/2013 Discussin paper Draft methdlgy fr assessment f liquidity and funding risk under SREP Discussin paper n draft methdlgy fr assessment f liquidity and funding risk under SREP Table

More information

Employee Benefits Liability Policy

Employee Benefits Liability Policy Plicy 10/3084 part 3 Emplyee Benefits Liability Plicy Summary Publicatin Date March 2015 Review Date March 2016 Related Legislatin/Applicable Sectin f Legislatin Related Plicies, Prcedures, Guidelines,

More information

Appendix H. Annual Risk Assessment and Audit Plan 2013/14

Appendix H. Annual Risk Assessment and Audit Plan 2013/14 Annual Risk Assessment and Audit Plan 2013/14 Internal Audit Department September 25, 2013 Table f Cntents Intrductin.. 3 Risk Assessment Prcess... 4 Page 2 Intrductin Each year, the Internal Audit Department

More information

Monitoring and Audit of Clinical Research Studies

Monitoring and Audit of Clinical Research Studies Mnitring and Audit f Clinical Research Studies Categry: Summary: Equality Analysis undertaken: Plicy Implementatin f this plicy will ensure that the Trust fulfils its statutry bligatins which in turn will

More information

JOB DESCRIPTION FORM

JOB DESCRIPTION FORM ADDITIONAL INFORMATION ON THE FOLLOWING POST: CORPORATE SERVICES CLUSTER CHIEF CORPORATE SERVICES OFFICER (Ref. 4) POSITION CODE: 5503 (FIVE-YEAR CONTRACTUAL PERIOD) THE REMUNERATION PACKAGE OFFERED WILL

More information

Represent New College Stamford at both national and regional events and serve on appropriate external committees.

Represent New College Stamford at both national and regional events and serve on appropriate external committees. JOB DESCRIPTION Pst: Reprts t: Respnsible fr: Executive Directr Partnerships & Skills Principal and Chief Executive Apprenticeship Develpment Manager Head f Marketing Business Sales Team Salary: Attractive

More information

Request for Resume (RFR) CATS II Master Contract. All Master Contract Provisions Apply

Request for Resume (RFR) CATS II Master Contract. All Master Contract Provisions Apply Sectin 1 General Infrmatin RFR Number: (Reference BPO Number) Functinal Area (Enter One Only) F50B3400026 7 Infrmatin System Security Labr Categry A single supprt resurce may be engaged fr a perid nt t

More information

Financial Accountability Handbook

Financial Accountability Handbook Financial Accuntability Handbk >> Vlume 5 Reprting Systems Infrmatin Sheet 5.2 Preparatin f Financial Statements Intrductin The Financial Accuntability Act 2009 (the Act) and the Financial and Perfrmance

More information

UNITED STATES OF AMERICA FEDERAL ENERGY REGULATORY COMMISSION. Statement of Thomas F. O Brien. Vice President & Chief Information Officer

UNITED STATES OF AMERICA FEDERAL ENERGY REGULATORY COMMISSION. Statement of Thomas F. O Brien. Vice President & Chief Information Officer UNITED STATES OF AMERICA FEDERAL ENERGY REGULATORY COMMISSION Revised Critical Infrastructure Prtectin Reliability Standards Dcket N. RM15-14-000 Statement f Thmas F. O Brien Vice President & Chief Infrmatin

More information

The National Cyber Security Policy

The National Cyber Security Policy The Natinal Cyber Security Plicy Ministry f Science, Technlgy and Innvatin f Malaysia (MOSTI) The Natinal Cyber Security Plicy Page 1 f 7 The Natinal Cyber Security Plicy Executive Summary Malaysia s jurney

More information

JOB DESCRIPTION. Director of Contracting and Performance

JOB DESCRIPTION. Director of Contracting and Performance JOB DESCRIPTION Directr f Cntracting and Perfrmance Jb Prfile Jb Title Directr f Cntracting and Perfrmance Respnsible t Chief Officer, Brent, Harrw and Hillingdn CCGs Accuntable fr Deliver the CCGs required

More information

Software and Hardware Change Management Policy for CDes Computer Labs

Software and Hardware Change Management Policy for CDes Computer Labs Sftware and Hardware Change Management Plicy fr CDes Cmputer Labs Overview The cmputer labs in the Cllege f Design are clsely integrated with the academic needs f faculty and students. Cmputer lab resurces

More information

Master s Degree Program

Master s Degree Program Master s Degree Prgram The Schl f Business and Infrmatin Technlgy ffers ne master s degree prgram: Master f Business Administratin (MBA). Objective The bjective f the master s degree prgrams is t prvide

More information

Handling professional conduct complaints against doctors

Handling professional conduct complaints against doctors Handling prfessinal cnduct cmplaints against dctrs Handling prfessinal cnduct cmplaints against dctrs Handling prfessinal cnduct cmplaints against dctrs Avant supprts: à a natinally cnsistent apprach t

More information

IEMA Practitioner Volume 14 Supporting Information www.iema.net/practitioner/14

IEMA Practitioner Volume 14 Supporting Information www.iema.net/practitioner/14 IEMA Practitiner Vlume 14 Supprting Infrmatin www.iema.net/practitiner/14 Title: Engaging and Re-engineering the Supply Chain Authr: Sam Balch Organisatin: Glbal Actin Plan There are a number f reasns

More information

WHAT YOU NEED TO KNOW ABOUT. Protecting your Privacy

WHAT YOU NEED TO KNOW ABOUT. Protecting your Privacy WHAT YOU NEED TO KNOW ABOUT Prtecting yur Privacy YOUR PRIVACY IS OUR PRIORITY Credit unins have a histry f respecting the privacy f ur members and custmers. Yur Bard f Directrs has adpted the Credit Unin

More information

Major capital investment in councils. Good practice checklist for project managers

Major capital investment in councils. Good practice checklist for project managers Majr capital investment in cuncils checklist fr prject managers Prepared by Audit Sctland March 2013 b The Accunts Cmmissin The Accunts Cmmissin is a statutry, independent bdy which, thrugh the audit prcess,

More information

J-B Pst: General Manager Centre A.F.F.T.F.T.A.F.F.A.T.A.F.F.P.F.A.F.F.F.

J-B Pst: General Manager Centre A.F.F.T.F.T.A.F.F.A.T.A.F.F.P.F.A.F.F.F. Jb Descriptin Pst: General Manager Centre: Lndn Grade: 11a Reprting t: Head f Centre Operatins (Suth) Main functin f the pst: T lead a multi functinal team t ensure the effective peratinal management f

More information

A SUMMARY OF RECENT DEVELOPMENTS AND ACHIEVEMENTS IN BRAZILIAN DEBT MANAGEMENT

A SUMMARY OF RECENT DEVELOPMENTS AND ACHIEVEMENTS IN BRAZILIAN DEBT MANAGEMENT A SUMMARY OF RECENT DEVELOPMENTS AND ACHIEVEMENTS IN BRAZILIAN DEBT MANAGEMENT Public Debt Strategic Planning Department COGEP The year f 2003 has been a favrable year fr reaching significant develpments

More information

Johnston Public Schools Special Education Procedural Manual. IEP Overview

Johnston Public Schools Special Education Procedural Manual. IEP Overview Jhnstn Public Schls Special Educatin Prcedural Manual IEP Overview Definitin The Individualized Educatin Prgram (IEP) is a written plan fr the apprpriate educatin f students with disabilities. It is a

More information