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CERTIFICATION The FMB will be offering certification services to those First Nations that wish to demonstrate that they are operating in compliance with their Financial Administration Law. If a First Nation wishes to be approved for a property tax-secured loan from the FNFA they will be required to have their financial management system ‘certified’ by the FMB. A certification from the FMB will provide a signal to other First Nations participating in the FSMA initiative, the FNFA and potential investors, that a First Nation is operating a successful financial management system. The FMB is developing standards regarding the certification of a First Nation’s financial management system. The FMB is also developing a guidebook as an accompanying tool that First Nations will be able to use in their preparation for certification.
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