The European Association of Corporate Treasurers (EACT) has published its response to the European Commission’s (EC) consultation on the creation of an EU Green Bond Standard (EU GBS). We fully support the creation of a voluntary EU GBS that brings further standardisation and possible cost reductions to the green bond market. We are also supportive of putting in place incentive structures that can render green bond issuance less cumbersome and costly.
Upcoming changes to non-financial reporting rules as well as the introduction of corporate disclosure requirements under the Taxonomy Regulation will result in an increasing availability of company specific ESG information. In order to support further growth of the green bond market this information could be leveraged to allow for general corporate purpose issuance under the umbrella of the EU GBS to turn green bonds into a genuine alternative to conventional bonds.
Jean-Marc Servat, EACT, takes a deep dive into the world of crypto assets to discuss why Central Bank Digital Currencies (CBDCs) are capturing the attention of finance professionals.
View MoreThe latest issue contains the 2021 EACT Award, an interview with EACT Chair, Jean-Marc Servat, and more information about the upcoming Libor transition.
View MoreThe EACT has become a member of the Global Coalition to Fight Financial Crime (GCFFC).
View MoreAfter an exciting battle, the winner of the DACT Treasury Award 2020 has been announced.
View MoreView a recording of the recent webinar hosted by EACT and Loan Market Association (LMA).
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