What is the FMB?
The First Nations Financial Management Board responds to the needs of First Nations who have property tax revenues and are seeking to borrow against these cash-flows. The FMB also supports First Nations in their response to the accountability agenda. For those First Nations that borrow through the FNFA, the FMB will certifies financial management systems, practices and standards, monitors financial performance, and provides intervention in exceptional circumstances. In terms of improving accountability, the FMB provides, on request, services relating to research and advocacy, policy development, capacity development and partnerships in relation to financial management, and reporting and standards development.
