EACT Letter on CRD IV CVA Exemption

The EACT has sent a letter to the European Banking Authority (EBA) concerning the work currently undertaken by the EBA on the implementing measures of the Capital Requirements Regulation, and in particular the work carried out concerning the Credit Valuation Adjustment (CVA) risk capital charge calculation. We are concerned that the EBA's approach would undermine non-financial companies' ability to use of OTC derivatives in order to mitigate risk arising from their business and are requesting the EBA not to put in question the exemption already granted to non-financial counterparties. 

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EACT Newsletter - February 2020

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The latest issue examines the latest EU policy initiatives, assesses the impacts caused by interest rates below zero and reports on how European treasurers have joined forces on instant payments

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EACT Briefing Focus: Trade Finance Innovation

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Trade Finance Innovation is a key topic for corporate treasurers. Recent decades have seen radical changes in the way we deal, shop, hedge, lend and pay, for example. Why shouldn't Trade Finance also deliver its full potential of transformation?

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EACT responds to European Commission consultation on implementing the final Basel III reforms in the EU

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The EACT is grateful for the opportunity to respond to this consultation on the implementation of the final Basel agreement in the EU. Read our position here.

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EACT responds to ESMA consultation on review of the Market Abuse Regulation and potential extension of its scope to FX spot markets

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View the EACT's responses to the questions asked in the Consultation Paper on the MAR review report, published on the ESMA website.

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EACT Newsletter - December 2019

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The latest issue features updates on what the new EU policy cycle for 2019-2024 will likely hold in store for financial services and corporate treasury, as well as event updates from various national associations.

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