We hope you enjoy the September 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:
On 14 September 2021 the EACT organised the second of its EACT in Action live event series, showcasing important issues that treasurers across the EACT community are tackling, in this edition cybercrime and fraud.
Our webinar heard Dr. Gerd Berghold and Werner Strecker of Deutsche Bahn AG share insights as to how the company has structured its technical set-up and how fraud prevention is managed within the treasury function – as well as sharing measures implemented to improve fraud monitoring and screening. The webinar was kindly moderated by Caroline Stockmann, Chief Executive, ACT, and Deputy Chair, EACT.
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The Czech Association of Treasury (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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The COVID-19 crisis is having an unprecedented impact on most of corporates and on the main players of the economy as a whole. José-Carlos Cuevas (ASSET) advises why 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 the current health crisis.
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Throughout Caroline Stockmann's (ACT) long career in finance, the one big issue she has seen in others, as well as experienced herself, has been the ability (or inability) to prioritise effectively. Here, Caroline shares an informed framework on how treasurers can get everything done, whilst still retaining a reasonable amount of down time outside of work.
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Read an overview of the topics that twelve students from universities throughout Germany and Italy learned about when they attended the second VDT Summerschool Treasury® from 8-14 August 2021.
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One of the consequences of the financial scandals that have occurred in the past 18 months is that the treasury has become a particular focus of attention. François Masquelier (ATEL) explains why this period of transition will be beneficial for treasurers in terms of recognition and positionining.
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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.
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.
View MoreAs 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.
View MoreEACT Board Member, Guillermo De La Fuente has been selected as member of the European Banking Authority (EBA)'s Stakeholder Group.
View MoreThis 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.
View MoreThe 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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