The FMB’s certifications give your members and other partners confidence that your Nation is well-run, transparent, and accountable.
A Financial Administration Law (FAL) is a set of and finance practices that helps Council and staff make informed decisions and run their First Nation well. A Nation that lives by its FAL commits to good administrative governance and finance practices over the long-term.
A Financial Management System (FMS) Certificate proves to your Council, citizens, lenders, business partners, and others that you use the administrative and finance practices outlined in your Financial Administration Law (FAL), that you are ‘living by your FAL.’
The Financial Performance (FP) Certificate is an stamp of approval of a First Nation’s good financial health. An FP Certificate also allows you to apply to the First Nations Finance Authority (FNFA) for a loan at low cost.
The FMB’s Capacity Development (CD) team supports First Nations and Indigenous NPOs to build their financial management and administrative capacity through a variety of services, training, guidance, and tools. This includes support in drafting and implementing good internal controls, ning, and developing .
The New Fiscal Relationship (NFR) 10-Year grant is a funding mechanism that provides more flexibility and predictability in how a First Nations government, Tribal Council, or First Nations-led service delivery organization uses its funding to address their needs and priorities. Most programs which provide core funding are covered under the grant.
The NFR 10-Year Grant, currently including 28 programs, is a funding mechanism that provides more flexibility and predictability in how an Indigenous NPO uses its funding to address its needs and priorities.
Under the authority of the FMA, the FMB sets for financial performance, financial management systems, financial administration laws and by-laws, and local revenue financial reporting.