The EACT has contributed to the European Parliament Economic and Monetary Affairs (ECON) Committee's public consultation on the coherence of financial services regulation. The response highlights some of the incoherencies faced in the implementation of EMIR and underlines that the introduction of a Financial Transaction Tax (FTT) would be inconsistent with the EU economic recovery agenda as its costs would be borne by the real economy instead of the financial sector. In addition, the EACT contribution calls upon the decision-makers to systematically take into account and assess the impact of any financial services legislative proposal on non-financial companies.
SEPA Instant Payment, an innovative instrument launched in Nov. 2017 by the European Payments Council currently has 2500+ participating banks. It provides corporate treasurers with both a business enabler and an opportunity to improve internal processes and gain efficiencies.
View MoreThe newsletter features articles about the changing Euro interest benchmark landscape, the implications of Brexit on the derivatives markets, new Schuldschein loan agreements, the latest regulatory updates and more.
View MoreThe newsletter features articles about the new Journeys to Treasury report, SWIFT gpi, the latest regulatory updates and more.
View MoreJourneys to Treasury 2018 explores the digital treasury in practice, and how leading treasurers are protecting, empowering and adding value to the business using innovative technologies and banking services.
View MoreSWIFT gpi will significantly improve international payment processes and address many of the issues treasurers are facing today. Read this special EACT briefing to find out more.
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