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.

View Document

Articles


Photo from Stronger FX Hedging Strategies: a Pandemic Game-changer

Stronger FX Hedging Strategies: a Pandemic Game-changer

As the pandemic continues to throw markets into confusion, forcing corporates to battle against unprecedented volatility, treasury functions have an opportunity, albeit uninvited, to prove their strategic value – especially in relation to FX risk management.

Read
Photo from Return on Purpose

Return on Purpose

During the pandemic we have increasingly heard how important it is that companies consider their corporate purpose. Typically, this results in a series of nebulous and hard to define concepts, created by marketing and consultancy firms. Return on Purpose looks at a variety of activities that a company undertakes and identifies individual RoIs for each of them to come up with an overall holistic view.

Read
Photo from Libor transition – What to Expect from Regulators in the EU

Libor transition – What to Expect from Regulators in the EU

Preparing for the definitive end of Libor has been on the mind of policymakers and industry alike for years and we are now entering the final stretch leading up to the definitive cessation of Libor on 31 December 2021.

Read
Photo from An Interview with Jean-Marc Servat, Chair, European Association of Corporate Treasurers.

An Interview with Jean-Marc Servat, Chair, European Association of Corporate Treasurers.

Jean Marc-Servat discusses his role as chairperson for the EACT, the topics on the association's current agenda, and the requirement for treasurers to be tech-savvy in today's economic climate.

Read
Photo from The 2020 VDT Innovation Award in Cash Management

The 2020 VDT Innovation Award in Cash Management

In 2019, the Cash & Liquidity working group of the VDT organised a professional scouting of FinTechs via the FintechQuartier in Frankfurt with the event "Treasury meets Fintechs". This generated the idea of offering a new platform where optimisation and digitisation projects could be presented to the treasury community, true to the spirit of “from treasurers, for treasurers".

Read