Certifications and Services

Certifications 
for First Nations

The FMB’s certifications give your members and other partners confidence that your Nation is well-run, transparent, and accountable.

Built on international finance and and adapted to reflect the realities and needs of First Nations, our certifications strengthen governance today while building trust for future generations.

FMB Services

  • Financial Administration Law (FAL)

    A Financial Administration Law (FAL) is a framework of governance and financial practices that helps Councils and staff make informed decisions and manage their Nation effectively.

    By adopting and living by a FAL, your Nation commits to strong governance and financial practices for the long term. It ensures stability by giving both current and future leaders the tools to uphold the same sound standards, building lasting confidence among First Nations citizens.

  • Financial Performance Certification

    The Financial Performance (FP) Certification is an stamp of approval of a First Nation’s good financial health. FP Certification also allows you to apply to the FNFA for a loan at low cost.

  • Financial Management System Certification 

    A Financial Management System (FMS) Certificate demonstrates to your Council, community members, lenders, and partners that your Nation consistently applies administrative governance and financial practices outlined in your FAL.

    For s of the First Nations Finance Authority (FNFA), this certification is also essential for remaining in good standing.

  • Capacity Development

    The FMB offers tools, training, and guidance to help First Nations build strong financial management systems that meet national standards.

    Supports include the Default Management Prevention Pilot Program and our Support Services program, which provide hands-on assistance, remote support, and training in key areas such as budgeting, payroll, and financial reporting.

  • NFR 10-Year Grant for First Nations

    The New Fiscal Relationship (NFR) 10-Year grant is a funding mechanism that provides more flexibility and predictability in how a First Nations government uses its funding to address their needs and priorities. 

  • NFR 10-Year grant for Indigenous Not-for-Profit Organizations

    New Fiscal Relationship (NFR) 10-Year Grant funding is intended to support Not-for-Profit Organizations (NPOs) to build stronger communities over the long term by allowing them to plan over several years.

  • Standards

    Under the authority of the FMA, the FMB sets standards for financial performance, financial management systems, financial administration laws and by-laws, and local revenue financial reporting.