The signatories of this paper believe it is critically important that the transition period for third country benchmarks under the Benchmarks Regulation (BMR) should be extended beyond the end of 2021 to end-2025. Non-financial companies rely on third country financial benchmarks to hedge financial risks arising from their commercial activities. This is for instance the case with non-deliverable forward FX contracts. Extending the transition period for use of third country benchmarks in the EU – thereby allowing for more time to reform the BMR – would avoid the disruptive impact a prohibition on use of such rates would have on corporate commercial risk mitigation activities.
Corporate treasurers play a crucial role in ensuring that Transfer Pricing (TP) is managed effectively and in compliance with OECD principles to prevent tax authorities from requalifying intercompany transactions.
View MoreThe inaugural Treasury 360° Europe event will take place on 24 September 2026 in Luxembourg and has been widely welcomed by the treasury community. Endorsed by the EACT, we look forward to welcoming the international treasury community to the unique event.
View MoreEACT is pleased to welcome new members to the EACT Board. We look forward to their contributions and perspectives as we continue to strengthen the voice of treasury in Europe.
View MoreThis publication outlines key requirements and recommendations for establishing and further developing a corporate treasury function.
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We were thrilled to present the 2025 EACT Awards to our distinguished winners at the recent EACT Summit, held just outside Brussels, Belgium.
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