Ref.
TSA Assessment Components
2
TSA processes and interbank systems
2.1
Segregation of key TSA functions Segregation of key TSA duties (payment management and control, settlements, and accounting/reconciliation) is enforced through organizational structures, user access in the treasury/payment systems and procedural documents.
Q Ref.
Rating
Comments
X2 %
Q.12
Q.13
Q.14
Q.15
Q.16
Q.17
2.2
Questions / Statements
Payment management functions are executed by the Central Treasury through automated processes supported by FMIS. Payment control functions to check compliance to approved budget limits are performed by CT through automated processes supported by FMIS. Payment control functions to check compliance with the Banking legislation are performed by CB through automated processes supported by CB information systems.
0…4
+ Summarize existing processes - Identify deficiencies
0…4
+ Summarize existing processes - Identify deficiencies
0…4
+ Summarize existing processes - Identify deficiencies
Accounting functions for TSA operations (reconciliation and reporting) are performed by CT through automated processes supported by FMIS. Accounting of the TSA operations (recording all daily flows and providing daily bank statements) is performed by the CB through automated processes supported by the CB information systems. Oversight functions for payment and settlement systems (financial + information security controls) are performed by the CB through automated processes.
0…4
+ Summarize existing processes - Identify deficiencies
0…4
+ Summarize existing processes - Identify deficiencies
0…4
+ Summarize existing processes - Identify deficiencies
RTGS system is capable of recording/reporting the details of all TSA payments on a daily basis.
0…4
+ Summarize existing processes - Identify deficiencies
Daily recording and reporting of TSA transactions All TSA transactions related with Q.18 budget revenues (receipts) and expenditures (payments) are recorded
8