Updated GFOA Best Practice: Using Safekeeping and Third-Party Custodian Services

Thursday, April 30, 2020 in Press

Updated GFOA Best Practice: Using Safekeeping and Third-Party Custodian Services

The safety of public funds should be the primary investment objective of all governments.  One of the most important protections and a control against fraud is the separation of the safekeeping function from the investment function.


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