Announcements

Find important announcements, travel news and alerts. Use the filter under 'Section' to find a relevant announcement for that area or search words in the search field box.

Accepting credit card payments over the phone

Wednesday, November 22, 2023

This directive from the UBC PCI Compliance Working Committee applies only to those who accept credit card payments over the phone.

The acceptance of credit card payments over the phone is deemed to be a transmission of cardholder data. If a Voice over internet protocol (VoIP...

What do we mean when we say “budget” at UBC?

Thursday, November 16, 2023

UBC’s annual budget process is underway, and our faculties and administrative teams are working on the unit-level financial plans that will feed into the university-wide budget proposal that is presented to the Board of Governors for approval.

At the same time, the VPFO is...

2023 Financial Information Act Report released

Wednesday, November 15, 2023

The 2023 Financial Information Act Report is now available.

The BC Financial Information Act requires that public institutions publish certain supplementary information. This information is not audited by the external auditors. It includes payments to suppliers in excess of $...

Siret Ulp joins Finance & Integrated Services as Procurement Programs Advisor

Friday, November 10, 2023

Siret Ulp joins Finance & Integrated Services as the new Procurement Programs Advisor on November 8th. She will play a vital role in implementing UBC’s approach for Indigenous procurement, Inclusive procurement, Environmentally Sustainable procurement and other strategic procurement projects...

International Fraud Awareness Week is November 12-18

Thursday, November 09, 2023

International Fraud Awareness Week is November 12-18

In the spirit of the upcoming International Fraud Awareness Week (November 12-18, 2023), the VP Finance & Operations’ Finance division is partnering with...

UBC Investment Management releases FY22-23 Annual Report

Monday, October 23, 2023

The UBC Investment Management FY22-23 Annual Report is now available.

UBC Investment Management released its FY22-23 Annual Report today, delivering strong performance on behalf of the funds we manage, The University of British Columbia Endowment and the UBC Staff Pension...

Single-source procurement renamed as Direct Award

Thursday, October 19, 2023

As a publicly funded institution, UBC is subject to internal policies and trade agreement obligations to ensure the procurement of goods and services is fair, equitable, transparent and competitive. However, there are circumstances that allow for a Direct Award.

A Direct...

Digital Payments Program: Cost recovery and credit card fees

Wednesday, October 18, 2023

Starting November 1, 2023, a cost recovery fee will be implemented for TouchNet, UBC’s new digital payment solution.

The Digital Payments Program (DPP) was established with the premise that the costs...

Finance & Integrated Services launches Procurement Programs within Strategic Sourcing

Thursday, October 12, 2023

Procurement Programs is a new team within Finance & Integrated Services’ Strategic Sourcing within VP Finance & Operations. The team is responsible for leading the development of UBC’s strategic sourcing and procurement approach based on three fundamental pillars: Indigenous...

Changes to the Cash Order Process

Thursday, October 12, 2023

Starting October 23, 2023, all cash orders must be placed on the RBC web portal rather than INTRIA. This change is due to HSBC Canada, updating their Corporate Cash Supply service for cash orders from INTRIA to Royal Bank of Canada (RBC) on October 23, 2023....