tailieunhanh - Treasury Responsibilities in Investment Fund Administration

The 250 workshop participants included: (a) general managers and high-level staff of social funds; (b) representatives of central government institutions that oversee the operations of the funds; (c) representatives of municipal governments that interact with social funds in the selec- tion and implementation of subprojects and of their regional associations; (d) representatives of nongovernmental organizations and civil society organizations that work with social funds; (e) staff of the World Bank and of other multilateral and bilateral development agencies that fi- nance, design, and supervise the implementation of social funds; and (f) observers including researchers, academicians, and consultants involved with social funds and representatives of national governments that are. | Treasury Responsibilities in Investment Fund Administration Report for the Secretary of the Treasury November 2000 TABLE OF CONTENTS SIGNIFICANT GROWTH OF INVESTMENT TYPES OF INVESTMENT THE SECRETARY OF THE TREASURY S LEGAL RESPONSIBILITIES TO INVESTMENT FUNDS. . 6 AGENCY-MANAGED AND TREASURY-MANAGED INVESTMENT FUNCTIONS PERFORMED BY THE DEPARTMENT OF THE ROLE OF THE FEDERAL PROGRAM INVESTMENT FUND INVESTMENT OPTIONS .21 CONCLUSIONS AND Administrative Legislative Areas Requiring Further Study and PRINCIPAL MEMBERS OF THE INVESTMENT FUND MEMBERS OF THE INVESTMENT FUND REVIEW WORKING Supplement to the Report to the Secretary DETAILED RECOMMENDATIONS OF THE INVESTMENT FUND REVIEW WORKING i PREFACE In order to ensure that Treasury is appropriately discharging its duties in the administration of trust funds and other Government accounts with investment authority Secretary Summers directed that a study be undertaken to review Treasury s duties and responsibilities. A group consisting of the Under Secretary for Domestic Finance the Fiscal Assistant Secretary the General Counsel the Assistant Secretary for Financial Markets the Assistant Secretary for Tax Policy the Assistant Secretary for Economic Policy the Commissioner of the Internal Revenue Service the Commissioner of the Bureau of the Public Debt and the Commissioner of the Financial Management Service was tasked with reviewing Treasury s responsibilities and evaluate how they are being carried out. The review was conducted under the leadership of the Fiscal Assistant Secretary. The members of the group the Principals appointed representatives from their respective offices to constitute a working group for performing the review and evaluation. The working group was lead by the Deputy Assistant Secretary for Fiscal Operations and Policy. This report .