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.
.jpg "How Blockchain Technology can Control Movement of Liquid Fuels Along Whole Supply Chain")
Effective market surveillance and control of movement of liquid fuels can be a complicated task, especially in terms of quality, quantity and collection of excise duties. Fortunately, rapid development of technology is creating opportunities every day. And this is also the case with blockchain technology, which can be employed to manage these tasks with relative ease.
Read.jpg "Deeper Focus on Treasury")
One of the most obvious consequences of the financial scandals that have occurred in the past 18 months, although not related to COVID, is that the treasury has become a particular focus of attention.
Read.jpg "The Secrets of Prioritisation")
Even in a stable environment, we humans are not always efficient, and we are often quite poor at getting our priorities addressed in the order of most to least important.
Read.jpg "Our Role as a Finance Team in the New Normal")
The COVID-19 crisis is having an unprecedented impact on most of corporates and on the main players of the economy as a whole. It is vital that corporates’ treasury functions adapt and understand the new rules of the game if they are to make a reasonably successful exit from this extraordinarily complicated situation that we have found ourselves in.
Read.jpg "Process and Technological Readiness of Treasury in the Czech Republic")
CAT and Advanced Risk Management, a Prague-based advisory and software company specialising in finance and financial risk management, have analysed the results of the recent Study of Process and Technological Readiness of Treasury in the Czech Republic.
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