KFN Finance Policies
Effective July 25, 2024 Provides guidance on risk management as part of the integrated planning process and ongoing governance activities of the Nation. Finance Risk Policy
Effective February 5, 2018 Sets maximum levels of disbursement that can be made in any one fiscal year from KFN investment funds, the authority and process for making those disbursements, and the process that will ensure the disbursements are used solely for the purpose for which funds were intended. Spending Policy
Effective July 25, 2024 Establishes financial and operational reporting requirements and practices to provide timely, accurate and relevant financial and operational information to decision makers. Financial and Operational Reporting Policy
Effective February 5, 2018 Formulates investment principles, guidelines, and monitoring procedures for funds invested by the KFN government, which meet all applicable legal and legislative requirements. Investment Policy
Effective August 1, 2024 Guides the purchasing of quality goods, services, and assets, to ensure they are environmentally responsible, at the best prices available, at high quality and represent value for money to demonstrate transparency and fairness. Purchasing Policy
Effective August 1, 2024 Establishes a consistent process around payments to suppliers and reimbursements to Council, Committee members, Staff, the KFN community and others. Expenditures Travel Policy
Effective April 25, 2024 Establishes an effective borrowing and accountable framework for the Nation. Borrowing Long Term Debt Policy
Effective July 18, 2024 Outlines which responsibilities Council can delegate to staff roles, such as the CAO or the Director of Finance, and which responsibilities Council must maintain. This policy is required in working towards FNFMB certification. Authorization Delegation Table
Effective June 13, 2024 Ensures a complete planning process is established to support the on-going decision making of the Nation. Annual Planning and Budgeting Policy
Effective April 18, 2024 Specifies authorities and responsibilities over banking activities, including signing and approval authorities, opening and closing of accounts, and processing transactions to limit the chance of loss of funds. Institution Account and Cash Management Policy
