The EACT has responded to the European Commission's consultation on reforming the structure of the EU banking sector, in which a possible separation of retail and investment banking activities is envisaged. The EACT believes that any legislative action in this area should be postponed and broadly favours an approach that seeks to finalise the current initiatives in the area of financial services legislation, followed by a proper assessment of the initiatives' impact on economic activity. An orderly approach could then follow to the introduction of legislative measures to reform the structure of the banking sector.
Today, treasurers and their systems vendors and banks, are taking a longer term, more strategic approach to digitisation, automation and data.
View More.jpg "EACT in Action: KYC Webinar and EACT Awards")
Join us on June 24th to find out how to streamline and digitise customer-reference data and due diligence processes in treasury applications, and discover who will receive this year’s EACT Award!
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A panel of experts preview the results of two major studies for 2021 undertaken by the EACT and PwC respectively, to understand the trends in corporate treasury as we transition into a post-pandemic environment.
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The latest edition contains the European financial market regulatory round-up, a roundtable with GLEIF on the use of the LEI in treasury, and more information about the 2021 EACT Award
View More.png "Podcast | Central Bank Digital Currencies: What Treasurers Need to Know")
Jean-Marc Servat, EACT, takes a deep dive into the world of crypto assets to discuss why Central Bank Digital Currencies (CBDCs) are capturing the attention of finance professionals.
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