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  2. Criminal Finances Act 2017 | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-20-governance-compliance/relevant-legislation-1
    27 Jan 2020: Search site. Finance Division. Criminal Finances Act 2017. The new Criminal Finances Act (CFA) 2017 will make companies and organisations including universities criminally liable if they fail to prevent tax evasion
  3. Key finance system upgrade approved | Finance Division

    https://www.finance.admin.cam.ac.uk/news/key-finance-system-upgrade-approved
    15 Jul 2020: Early next year will see the teams testing, configuring and showing users the new software. ... This will allow the new software to be launched and gives time to iron out any potential technical problems before December 2021 when
  4. Money Laundering Regulations | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-20-governance-compliance/relevant-legislation-3
    27 Jan 2020: Therefore, all customer amendments and new customers should be set up by Shared Services in the Finance Division who will check for duplicates on your behalf and undertake credit checks.
  5. FTP Discovery Phase feedback session webinar | Finance Division

    https://www.finance.admin.cam.ac.uk/news/ftp-discovery-phase-feedback-session-webinar
    17 Mar 2020: During the first two weeks of March, the Finance Transformation Programme (FTP) has been feeding back the results of its Discovery Phase to key stakeholders and those who took part in the engagement activity. One of the feedback sessions was
  6. Appendix A - Head of Institution financial responsibilities | Finance …

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-20-compliance-issues-and-procedures/appendix-head
    27 Jan 2020: Specific process Reference To sign contracts in the course of ordinary business (for those funds they are responsible for) Fin Regs 6.1 Provide prior written consent for non-University commercial activities to be carried out Fin Regs 25.1 Approve
  7. Imports - what do Departments need to do to prepare? | Finance…

    https://www.finance.admin.cam.ac.uk/news/imports-what-do-departments-need-do-prepare
    18 Nov 2020: From 1 January 2021, the way that we pay import VAT is changing. When the EU/UK transition period ends on 31 December 2020, imports from countries in the EU will be subject to the same customs controls and VAT rules as imports from the rest of the
  8. Appendix C :Target audience for compliance courses | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-20-compliance-issues-and-procedures/appendix-c
    27 Jan 2020: Mandatory for:. All Finance Division staff. As a pre-requisite for all new:.
  9. Providing access to transparent financial information | Finance…

    https://www.finance.admin.cam.ac.uk/news/providing-access-transparent-financial-information
    10 Dec 2020: The FTP team is currently gearing up to submit a business case to the Planning and Resources Committee in the New Year to enable the EFT project to move forward.
  10. Heads of Institution responsibilities | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-20-compliance-issues-and-procedures/financial-0
    28 Jan 2020: The Head of Institution (HOI) is the Head of Department, the Chair of a Faculty not organised in departments, Directors of Non-School Institutions and UAS Divisions. It is their responsibility to ensure that University policies are implemented and
  11. Expense Management System update and roll out plan | Finance Division

    https://www.finance.admin.cam.ac.uk/news/expense-management-system-update-and-roll-out-plan
    29 May 2020: Where possible, the team is continuing their work in developing and refining the new system to ensure it fully meets the University's needs and the roll-out to pilot departments ... If any departments are interested in testing the new system prior to the

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