The NATO Training Group / Financial Sub Group
|68th NTG FSG Meeting, 06-10 October 2008, Chania, Greece
The Financial Sub Group (FSG) is a multinational panel of financial experts within the NATO Training Group (NTG).
What is its main goal ?
Its long term goal is to become the centre for informing, advising and standardising multilateral financial arrangements, financial policies and procedures within and between NATO/ Partnership for Peace (PfP)/ Mediterranean Dialogue (MD)/ Istanbul Cooperative Initiative nations (ICI) and others to improve the interoperability between those countries.
Which are its objectives?
- developping financial policies and procedures related to all aspects of training in support of the Chairman NTG and of the other NTG Sub Groups.
- drafting, reviewing and revising Standardisation Agreements (STANAGs) on relevant financial issues with standard cost principles, the financial aspects of other STANAGs where appropriate and related bilateral or multilateral agreements and Memoranda of Understanding (MoU) within and between NATO/PfP/MD/ICI nations and others.
- drafting, reviewing and revising the financial aspects of STANAGs or other agreement on matters other than training, if requested.
- providing self education within FSG and to educate others in financial matters, during the semi-annual meetings and financial seminars.
- serving as a financial consultant to the NATO community (allied countries, PfP, MD, ICI) and others.
What are the main tasks and responsibilities of the FSG?
- FSG is responsible to the NATO Training Group (NTG) through the NTG Chairman. The NTG is the tasking authority for financial STANAGs developed by the FSG.
- The FSG consists of members of the NATO nations, observers from PfP nations, MD and ICI countries and representatives from NATO Commands, the International Military Staff and other NATO bodies and appropriate. The above mentioned representatives are usally high ranked officials, (directors /head of depts, etc. ) having several years of financial experience.
- The FSG Chairman is elected by NATO members, for a two-year term. He or she is supported by a Vice-Chairman, similarly elected.
Some examples of our current work
- STANAG 6020 Ed.1 NATO training and Exercise Financial Glossary – promulgated in 2009
- STANAG 6025 Ed.1 Financial Principles and Procedures for the Provision of Support and the Establishment of Multinational Arrangements – promulgated in 2009.
- Development and support of financial training seminars for the benefit of NATO/PfP/MD/ICI nations and others.
- Presentations on several allied matters /topics by guest speakers during the meetings, visits to military facilities, info about the host nations financial procedures, exchanging of experience between participants, etc.
How does it work in practice?
- The NTG/FSG mission is accomplished through meetings, working groups, panels and financial seminars (see paragraphs below and information on E-prime)
- The FSG reports to the NTG Chairman through the submission of minutes after each meeting, by providing inputs for the Overall Project List and by progress reports presented at the annual NTG Chairman’s meeting.
- The FSG tries to achieve unanimity in reaching its decisions. Voting is restricted to NATO members. There is no power of veto: where necessary, a simple majority of those members presents is sufficient for a proposal to be put to the nations. Where financial obligations are involved, it is open to any member nation to reserve its position.
- Establishing forums for the interchange of financial information.
NTG/FSG meetings are held twice a year, on dates and places chosen by members. In addition working group / panels are established on an exceptional basis, as needed, to look after specific topics arisen during the regular meetings.
- The 68th meeting was held in Chania, Greece from the 6th until the 10th of October 2008.
- The 69th meeting will be held in Budapest, Hungary from the 4th until the 8th of May 2009.
- The 70th meeting will be held in Ljubljana, Slovenia from the 5th until the 9th of October 2009.
- Financial seminars gives a wider insight of financial matters and issues related to the financing of training and operations.
- Financial seminars are widely opened for all countries, and especially useful for Host Nation.
- Last seminar was held in Chisinau, Moldova from the 8th until the 12th of September 2008.
- The next financial seminar will be held in Croatia in Autumn 2009.