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: EACT Response to ECON Consultation on Coherence of Financial Services Regulation (June 2013)

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.

Please click here to view the EACT's contribution.

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