Investments in Qatar National Bank

Roedd y cais yn llwyddiannus.

Dear Caerphilly County Borough Council,

I am seeking any information on local authority funds that have been stored with Qatar National Bank in the past 5 years, either as part of Treasury management operations, or for any other reason. Please provide the following:-

A breakdown of local authority funds that have been stored with Qatar National Bank (QNB) since 1 January 2017.
The quantum of the funds invested with QNB and the interest rate earned.
The latest list of approved countries for local authority funds to be invested in.

Please note that I have also made a request to some local authorities regarding money invested by council pension funds.

This is a separate request about a different type of investment, not a duplicated request.

I look forward to a response within the statutory time period.

Yours faithfully,

Rob Davies

WWW: FOI, Caerphilly County Borough Council

1 Atodiad

Thank you for your recent FOI / EIR request. Please find attached an acknowledgement for this request.
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WWW: FOI, Caerphilly County Borough Council

Dear Rob Davies,

 

 

FREEDOM OF INFORMATION ACT 2000 - INFORMATION REQUEST

 

Thank you for your request for information received on the 7^th September
2022. We have considered your request and enclose the following
information –

 

1. A breakdown of local authority funds that have been stored with Qatar
National Bank (QNB) since 1 January 2017.

 

The Authority has not deposited any funds with the Qatar National Bank.

 

 

2. The quantum of the funds invested with QNB and the interest rate
earned.

         

Not Applicable as no deposits made.

 

3. The latest list of approved countries for local authority funds to be
invested in.

 

The Authority makes deposits in line with its annually approved Treasury
Management Strategy. We do not maintain an approved list of countries.

 

 

We supply this information based on your original request. If this is not
what you wanted or if you feel we have not fully understood your request,
please do not hesitate to contact me to clarify your exact requirements.

 

If you have any queries or concerns or are in any way dissatisfied with
the handling of your request, please contact [1][Caerphilly County Borough Council request email].

 

Yours sincerely

 

Uned Llywodraethu Gwybodaeth Gorfforaethol | Corporate Information
Governance Unit

Cyngor Bwrdeistref Sirol Caerffili | Caerphilly County Borough Council

Freedom of Information Act 2000 / Environmental Information Regulations
2004

 

You have the right to appeal against our decision

 

If you wish to appeal please set out If you are unhappy with that decision
in writing your grounds of appeal you have the right to appeal to:
and send to:
 
Corporate Information Governance
Unit Information Commissioner’s Office –
Caerphilly County Borough Council, Wales
Penallta House 2nd Floor, Churchill House
Tredomen Park Churchill Way
Hengoed. CF82 7PG Cardiff CF10 2HH

   

Appeals will be determined by an Tel: 0330 414 6421
appropriate senior officer.
Website: [2]www.ico.org.uk

Email: [3][email address]

 

Re-use of information without permission may infringe the Copyright,
Designs and Patents Act 1988. Re-use can include, but is not limited to,
making multiple copies, publishing and issuing copies of the information
to a wider audience. If you would like to re-use copyright material owned
by Caerphilly County Borough Council, please contact us. Authorisation to
re-use copyright material not owned by this Authority should be sought
directly from the copyright owner.

 

How we will use your information

Caerphilly County Borough Council will process your request, the
information relevant to your request, your identity and contact details
for the purposes of providing you with a response.  A copy of your request
and your response will be kept for 3 years.  Some requests and responses
may be kept longer but this will be in an anonymised form.  

 

Your request including your identity and contact details will be
distributed to relevant service areas and elected members who may either
hold the information you have requested or are involved in the processing
of requests.  Other organisations and individuals who may be affected by
the disclosure of the information you have requested may be consulted
prior to a decision being made on the disclosure.

 

If you have made a complaint to the Information Commissioners Office (ICO)
or others in relation to the processing of your request, copies of your
request, response and any additional correspondence between you and
Caerphilly County Borough Council in relevant to your request may be
shared with them.

 

You have a number of rights in relation to your information including the
right of access to information we hold about you and the right of
complaint if you are unhappy with the way that we have handled your
request or your information.

For further information on how we process your information and your rights
please click the following link:

[4]https://www.caerphilly.gov.uk/Caerphilly...

 

dangos adrannau a ddyfynnir