EACT makes its submission to the UK government's LIBOR review

The EACT highlights the governance weaknesses associated with the LIBOR process and its support for regulatory oversight and the threat legal sanctions to deal with any future manipulation. We highlight that any replacement for LIBOR must provide for continuity and not disadvantage companies with LIBOR-based contracts. We also draw attention to the support expressed by treasurers for overnight index swaps (OIS) as a possible eventual replacement for LIBOR. Please click here to read the EACT's submission to the UK government's LIBOR review, and??here to read the accompanying press release.
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Vision on financial regulation for the real economy for the next 5 years

Photo from Vision on financial regulation for the real economy for the next 5 years

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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EACT Newsletter - June 2019

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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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EACT Newsletter - April 2019

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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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EACT Newsletter - March 2019

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The newsletter features a series of special reports on the EACT Summit 2019.

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EACT Briefing Focus: KYC

Photo from EACT Briefing Focus: KYC

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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