The EACT has, together with the US Coalition for Derivatives End-Users, submitted responses to the BIS-IOSCO Consultations on Margin Requirements for Non-centrally-cleared Derivatives. The responses highlight that non-financial end-users should be exempt from mandatory margining requirements for OTC derivative trades or only be required to post margin above a certain threshold. Introducing mandatory margining requirements would impose unnecessary cost and liquidity burdens to non-financial end-users, which could push some end-users to stop using derivatives which are however essential for corporates to be able to hedge commercial risk. The fact that non-financial end-users' derivative exposures pose little to no systemic risk should be taken into account when drafting the BIS-IOSCO recommendations. For the first consultation (July 2012), the joint submission can be viewed here and the BIS-IOSCO consultation document can be found here. For the second consultation (February 2013), the joint submission can be viewed here and the BIS-IOSCO consultation document can be found here.
The EACT is pleased to invite its members for nominations for the 4th EACT Award.View More
This year marks the 15th anniversary of the Association of Polish Corporate Treasurers. The 20th August, 2007 is the foundation day of the AssociationView More
EACT Award 2022: And the Winner is... For the 3rd year in a row, the EACT recognises a project realised within the European Treasury Community.View More
We wish you and your loved ones a happy holiday season and a new year filled with joy, prosperity and happiness.View More
The European Association of Corporate Treasurers (EACT) announces the appointment of François Masquelier as its new Chair as from October 1st.View More