Source · Select Committees · Business and Trade Committee
Recommendation 45
45
We welcome the changes to the Financial Transaction Control Framework to facilitate greater investment into...
Conclusion
We welcome the changes to the Financial Transaction Control Framework to facilitate greater investment into the UK private sector by its public finance institutions. It is now essential that ministers start collecting the data needed on the value, risk and performance of its investments to establish the return they generate. We agree with the NAO’s conclusions about the need for institutions to finish implementing the necessary controls. (Conclusion, Paragraph 147)