Treasurers warn against allowing bank capital changes to reverse the progress achieved on derivatives regulatory proposals
The European Commission (EC) is being urged to ensure that companies are not forced to set aside potentially very large amounts of funding for risk management collateral by proposed changes to bank capital requirements.
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.
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.