EACT Newsletter - March 2021

We hope you enjoy the March edition of the EACT Newsletter.

As ever, please do follow the EACT LinkedIn page for the very latest member association news and treasury insight.

Jean-Marc Servat
Chair, EACT

In this issue:

  1. Regulatory Round-up with the EACT
  2. EACT Treasury Roundtable with Global Legal Entity Identifier Foundation (GLEIF) on use of the LEI in Treasury
  3. Flying Start: Taming SITA’s Vast and Complex Payments Set-up
  4. Does a Health Crisis Have an Impact on Treasury Technology?
  5. EACT Award 2021

Regulatory Round-up with the EACT

With the current European Parliament’s term running from 2019 to 2024, now is a good time to cast an eye over what is and what will be in terms of financial market regulations.

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EACT Treasury Roundtable with Global Legal Entity Identifier Foundation (GLEIF) on use of the LEI in Treasury

On 4 February the EACT and the Global Legal Entity Identifier Foundation (GLEIF) hosted a roundtable with a number of senior corporate treasury representatives to discuss how the LEI and the global system it is embedded in can simplify, secure, and digitise processes across treasury departments.

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Flying Start: Taming SITA’s Vast and Complex Payments Set-up

SITA, a specialist in air transport communications and information technology, has the kind of reach of which others can only dream. With services provided to around 200 countries, ‘truly global’ is no exaggeration. But such an expansive reach comes with its own set of challenges, notes Guillermo De La Fuente, Senior Manager at SITA.

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Does a Health Crisis Have an Impact on Treasury Technology?

The fundamental changes businesses are facing have inevitably impacted the way treasury is managed. Has the current health crisis had an impact on treasury technologies and the digital transformation of organisations?

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EACT Award 2021

With the second edition of the EACT award award, the EACT wants to celebrate achievements that advance development of treasury, inspiring treasury professionals to excel. Projects comprising an implementation period between 19 February 2020 and 16 April 2021 are eligible to apply for the award, with a jury voting to designate the winner in June 2021.

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News


EACT’s EU Priorities for 2024-2029

Photo from EACT’s EU Priorities for 2024-2029

As a new chapter is opening for the European Union, with a new European Commission soon in place and a new European Parliament now elected, it is time for some fresh thinking to set up the EU economy for success and competitiveness.

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Streamline Payee Verification Processes with the Legal Entity Identifier

As adoption of real-time and other payment types increases across the globe, fraud detection strategies must also evolve. In parallel, the regulatory bodies overseeing payments are adapting their requirements.

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Guillermo De La Fuente Appointed Member of the EBA Stakeholder Group

EACT Board Member, Guillermo De La Fuente has been selected as member of the European Banking Authority (EBA)'s Stakeholder Group.

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Results of the EACT Treasury Survey 2024

This year, we received circa 250 answers from Group Treasurers of the largest international companies across Europe. We are delighted to share the results with you.

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Sustainable Supply Chain Finance Survey

The Italian association (AITI) are pleased to share a survey on sustainable supply chain finance. All EACT members are invited to take part.

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