The EACT has submitted a response to the European Securities and Markets Authority's (ESMA) consultation on the technical standards on reporting under Article 9 of EMIR. We are supportive of ESMA's efforts to provide enhancements that will clarify and simplify reporting requirements but we highlight that sufficient lead-time for implementation by non-financial counterparts must be foreseen. We also propose that the scope of the reporting requirement should be focused on areas of increased inherent risk and transactions that are not systemically risky e.g. intragroup transactions of non-financial counterparties and FX contracts used for commercial/hedging purposes should be excluded from the scope.
EACT 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.
View MoreThe EACT Board would like to personally thank all our delegates and sponsors in attendance at last week's EACT Summit.
View MoreEACT representatives were delighted to announce the three winners of this year's EACT Award during a ceremony at the recent Summit in Brussels.
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