The EACT has commented on ESMA's call for evidence on competition, choice and conflicts of interest in the CRA industry. The EACT response highlights that we do not see a need to review the legislation currently in place, as the regulation on CRAs has gone through an extensive review in the recent years. We also underline that if reviewed, the requirements for mandatory rotation of CRAs should not be extended and that there should not be a forced change from the 'issuer pays' model.
Corporate treasurers are financial specialists within non-financial companies - but as end-users they are often impacted by EU legislation aimed at the financial sector.
View More
The latest issue features articles on the European Parliament elections, the trade war between China and the USA, bank account management in transition plus the news that Helmut Schnabel has been re-elected Chair of IGTA.
View More
The latest issue features articles on cryptocurrencies in the Czech financial market, cybersecurity, impacts of M&A on hedging operations and much more.
View More
The newsletter features a series of special reports on the EACT Summit 2019.
View More
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.
View More