UK PUBLIC CAPITAL MONITOR
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UK institutions and system

Managing the government’s financial investments: the Financial Transaction Control Framework

Independent scrutiny
Authors
National Audit Office
Publisher
National Audit Office

What it examines

Examines the design, implementation and oversight of the Financial Transaction Control Framework. The NAO identifies incomplete implementation and calls for stronger coordination, data and institutional designation processes.

Why it matters

Explains the controls through which Treasury seeks to manage financial investments across departments and PuFins.

Institutions and themes

UK public finance systemGovernance and accountabilityCapital, funding and riskImpact and value for money

Catalogue entry reviewed 17 September 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.