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.
As the European Association of Corporate Treasurers (EACT) celebrates its 20th anniversary during 2022, it is an appropriate moment to reflect upon its journey from being a group of professionals largely concerned with their own national concerns, to the visionary, receptive, and respected organisation it is today.
ReadHear details of the ACT's latest live events, which have continued to facilitate professional development and networking with friends and peers.
ReadOn 21 October 2021, the fourth ACTA AGM was held ‘live’ at the Andaz Hotel, Vienna.
ReadHave we reached a breaking point – or a tipping point on this emotive subject?
ReadESMA has recently decided to review the thresholds fixed for each asset class for EMIR obligations of collateralization.
Read