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Financial Risk Management Policy
Publication Date: December 23, 2008
Revision Date: December 19, 2023 - V1.4
Effective Date: December 19, 2023
Related Memorandums, Announcements, and Revision Notes
December 20 2023 - Version 1.4 with updated McGill terminology (Principal to President)
August 30, 2023: Version 1.4: Added "Since the McGill investment Pool (MIP) is not subject to the same terms and conditions..." to the Purpose and Scope section. Removed P4 (Procedures), and modified section PR2.2.2. Added second bullet point to PR3.1: "When entering into a derivatice transaction for the operational account...". Modified the title of Foreign Exchange Transactions excluding transactions of McGill Investment Pool to Foreign Exchange, and removed the section "Foreign Excchange Transactions of the McGill Investment Pool. Added "and/or Finance Committee, as deemed appropriate" under PR4.1 & PR4.2.Â
April 6, 2020 - Version 1.3:Â Overview section - Replaced the word Overview with Purpose and Scope;
February 24, 2017 - Version 1.2: Policy reviewed and updated.
January 16, 2017 - Version 1.1: Replaced the labeling convention "G1., G2., etc." in the Procedures section to "PR1., PR2., etc."