The current situation made clear how quickly a crisis can occur on an unpredictable scale (economic shot-down). Countries, economy and companies were initially overwhelmed with the Corona crisis. Even sophisticated analytical tools did not foresee such a "black swan .”
Even though the first recovery of the Corona impacts can currently be observed, the further development is very uncertain. The returning from the lockdown always bears the risk of a new rise of infection rates.
Risk management in corporate treasury is therefore 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. Depending on the intensity of the effects, the catalogue of measures must be adjusted from scenario to scenario.
The following "risk matrix" provides the treasurer with a first quick overview of potential sources of risk and helps to identify the need for action. The aim is to point out general potential consequences and make recommendations for action.
Risk Matrix
Prepared by Verband Deutscher Treasurer e.V. Risk Management-group
To change EMIR refit would be to take three steps backwards after having taken three steps forwards. Let's not be fooled by good idea at first sight.
ReadEuropean treasurers are concerned by the PSD2 review, as well as by the regulations on instant payments. We believe that it is necessary to promote any means to verify that the holder of a beneficiary account is the one to whom this account belongs.
Read1300 people from across the treasury community gathered to enjoy an evening of community and fundraising.
ReadAt the end of October around 260 members and guests joined in the Palmengarten in Frankfurt to celebrate the 25th anniversary of the VDT.
ReadAFTE held its annual conference on 15-16 November 2022 at the Palais Brongniart, the former stock exchange building in the heart of Paris.
Read