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Trust Policy & ProcedureDocument Ref No: PP(18)165 ANNUAL LEAVE Policy use in: For use by: For use for: Document Owner: Status:All areas of Trust All staff except WSP and Medical Staff Annual Leave
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Any organization or entity that handles confidential or sensitive information, such as personal data, financial records, or proprietary information, needs a trust policy and procedure.
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Trust policy and procedure is a set of guidelines and rules put in place by an organization to establish a framework for managing assets held in trust.
Any organization that acts as a trustee or holds assets in trust is required to file trust policy and procedure.
Trust policy and procedure can be filled out by detailing the organizational structure, roles and responsibilities, risk management practices, and procedures for managing trust assets.
The purpose of trust policy and procedure is to ensure that trust assets are managed responsibly and in accordance with legal and ethical standards.
Information such as the trustee's contact information, investment strategies, risk tolerance, distribution policies, and compliance practices must be reported on trust policy and procedure.
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