The EACT has drafted a briefing paper for the new Members of the European Parliament and in particular the members of the ECON Committee dealing with financial services legislation. The paper shows how the non-financial sector (industrial and commercial firms) and in particular corporate treasurers have been impacted by financial regulation in the recent years; how we believe the legislative process could be enhanced in order to better take into account the impact beyond the financial system and what our major concerns are regarding some of the on-going regulatory files.
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.
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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.
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The latest issue features articles on cryptocurrencies in the Czech financial market, cybersecurity, impacts of M&A on hedging operations and much more.
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The newsletter features a series of special reports on the EACT Summit 2019.
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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.
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