Response to the European Commission consultation on foreign exchange financial instruments

The EACT has responded to the European Commission's consultation on foreign exchange instruments. The response highlights that FX transactions undertaken for commercial purposes by non-financial companies should not be considered as financial instruments under MiFID as such transactions promote rather than threaten financial stability. Furthermore, the delineation between a spot and an FX forward transaction should take proper account of the existing market practices and any eventual change of interpretation and scope should not put a further compliance burden on non-financial companies.

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Happy Holidays from the EACT

We wish you and your loved ones a happy holiday season and a new year filled with joy, prosperity and happiness.

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Press Release: New Board Chair Announcement

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The European Association of Corporate Treasurers (EACT) announces the appointment of François Masquelier as its new Chair as from October 1st.

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Journeys to Treasury 2021-2022

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We are delighted to announce that the sixth edition of the Journeys to Treasury report is now available to download.

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EACT Newsletter - September 2021

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EACT in Action Webinar Replay: Fraud Prevention and the Role of Treasury

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What role can treasurers play in the fight against cybercrime and fraud? Our latest EACT in Action webinar offers answers to this question from an expert panel that included the Deutsche Bahn AG treasury team.

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