Richard RaeburnWith world financial markets in turmoil and the economic prospects of many European countries looking weak this is a vital and challenging time for all involved with the treasury profession.  Against this background, as Chairman of the EACT, I will continue to seek to provide a unifying focus for issues that, on a European level, affect how the members of the national associations can operate. 

Through our website we endeavor to provide useful informative about the EACT and provide a conduit for visitors to access the websites of the individual treasury associations making up the EACT.

LATEST NEWS

Comments concerning the Proposal for a Council Directive implementing enhanced cooperation in the area of a financial transaction tax (May 2013)

 

The EACT has issued a position paper on the proposal for a Council Directive implementing enhanced cooperation in the area of a financial transaction tax (FTT).

We believe that the FTT would have a serious unintended consequence - its negative impact on European companies as well as pension funds and individuals, by for example increasing the cost of funding and managing business risks and tightening credit conditions. We are therefore strongly urging Brussels to take the real economy's views into consideration in the legislative debate on FTT.

Please click here to read the EACT's comments.

 

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