Trade Finance Innovation is a key topic for corporate treasurers. It remains a priority area where developments have been too modest in comparison to other sectors, despite importance in facilitating international business. There are issues of modern life which have not shown radical changes and transformations over the last decades. The way we deal, we shop, we hedge, we lend, or we pay, for example, have changed significantly. Why shouldn't Trade Finance also deliver its full potential of transformation? The Global Financial Crisis perfectly illustrates the value of Trade Finance to increase predictability of cash-flows, release working capital from supply chain and most importantly to manage related risks of this chain.
As the European Association of Corporate Treasurers (EACT) celebrates its 20th anniversary during 2022, it is an appropriate moment to reflect upon its journey from being a group of professionals largely concerned with their own national concerns, to the visionary, receptive, and respected organisation it is today.
ReadHear details of the ACT's latest live events, which have continued to facilitate professional development and networking with friends and peers.
ReadOn 21 October 2021, the fourth ACTA AGM was held ‘live’ at the Andaz Hotel, Vienna.
ReadHave we reached a breaking point – or a tipping point on this emotive subject?
ReadESMA has recently decided to review the thresholds fixed for each asset class for EMIR obligations of collateralization.
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