KYC

KYC has become a serious concern for EACT members over recent years: it is increasingly complex to fulfil all unstructured and nonharmonized requests. In all recent surveys, KYC is listed as a top priority for corporates and its rising costs are a source of frustration as KYC consumes lots of time, resources and money. Central KYC registers or solutions would create significant savings.

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Photo from Cash and Working Capital Management in the Corona crisis

Cash and Working Capital Management in the Corona crisis

This article deals with short-term measures to optimise working capital and liquidity management. The strengthening of the supply chain, a currently important measure for many companies, is illustrated by an example from the retail sector.

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Intragroup Financial Transactions and the Latest OECD Guidelines: Forewarned is Forearmed

For several years, the treasury operations have often been framed in the transfer pricing policy. However, during current survival operations, cash requirements increase and exceptional intragroup cash transactions may take place.

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Photo from Risk Matrix - Tools to Identify and Mitigate Risks

Risk Matrix - Tools to Identify and Mitigate Risks

Risk management in corporate treasury is more important than ever! It was and is essential to define risk areas and use scenarios to check what effects the current situation could have on the company to be prepared for appropriate measures.

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Photo from Treasury Insights 2020 - Results of the EACT Survey

Treasury Insights 2020 - Results of the EACT Survey

200 treasury professionals from across Europe shared their thoughts on treasury’s role and priorities as part of the EACT survey. Although some survey participants responded to the survey before the official lockdown in their respective countries, many companies had already implemented measures such as stopping business travel and moving to home working.

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Photo from Managing the Working Capital Gap

Managing the Working Capital Gap

Managing working capital is essential to every business under normal conditions, but even more so during a crisis.

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