What happens to UK SEPA payments after Brexit?
by Bija Knowles
The EPC has outlined its position on several possible post-Brexit scenarios and how they will affect SEPA payment schemes
Cash & Liquidity Mngm in Europe
Background
Banks and other suppliers in Europe offer some of the most advanced cross-border liquidity management solutions available today. There are now several locations in Europe for managing global…
Read moreWorking capital challenges most acute in Europe
by Bija Knowles
Companies across the globe are significantly more optimistic about business conditions and opportunities than last year
The changing corporate liquidity management ecosystem
by Jack Large
EBA Liquidity Management Working Group paper reveals still unclear when notional pooling can be used
Investors bullish on Europe despite geopolitical concerns
by Bija Knowles
Foreign direct investment in Europe was at a record level last year, although growing geopolitical concerns are taking their toll
Domestic red tape and skills top concerns for private firms
by Bija Knowles
According to a PwC survey of 2,450 companies across 31 European countries, private businesses feel more burdened by domestic red tape than by EU bureaucracy
European CFOs optimistic but with less enthusiasm
by Jack Large
Plan capital spending and hiring despite uncertainties as risk appetite and uncertainty levels remain static while skills, cyber security and protectionism dominate list of concerns
ACT Conference highlights: Brexit Britain to 21st Century Treasury
by Bija Knowles
Today the UK's Association of Corporate Treasurers (ACT) kicks off its two-day annual conference in Liverpool's King's Dock
UK businesses asked to map supply chains for post-Brexit risk view
by Bija Knowles
The British government has asked businesses to map their supply chains to highlight areas of the economy that would be most at risk in a post-Brexit environment
UK business confidence since Brexit vote is mixed picture
by Bija Knowles
Recent reports give a mixed picture of economic and business sentiment in Britain
Two UK payment systems consolidated under New PSO
by Bija Knowles
The operational responsibility for two of the UK's payment systems, Bacs and Faster Payments, has been transferred to the New Payment System Operator
Weak growth, not Brexit, is top risk facing UK CFOs – Deloitte
by Bija Knowles
UK CFOs are now more concerned about weak economic growth, as the Brexit transition deal lessens their fears over leaving the EU
Canada and EU to bear brunt of US trade wars
by Bija Knowles
A study by KPMG shows how Canada, Australia, the UK and the EU will be affected by US protectionist policies if countries respond by raising tariffs on imported goods
EC proposes cheaper euro payments for EU states
by Bija Knowles
First the ECB suggests that banks should raise fees to customers, then the Commission proposes making cross-border payments in euro cheaper across the entire EU
Financial services optimism lowest since financial crisis
by Bija Knowles
Optimism in the financial services industry fell for the fourth consecutive quarter at the start of 2018, according to the latest Financial Services Survey by CBI/PwC
European treasury associations join forces with EACT
by Bija Knowles
The European Association of Corporate Treasurers has enlarged its membership to include members of Austrian and Romanian treasury associations
What Brexit red tape will cost EU and UK exporters
by Bija Knowles
£31 billion and £27 billion: the additional costs to EU27 exporters and UK exporters respectively, if no bespoke trade agreement is reached between Britain and the EU
Financial sector key to GDP growth – will it influence Brexit talks?
by Bija Knowles
Recent official figures confirm that the UK's financial and business services sector is one of the main drivers of economic growth
Brexit impact on employment, VAT… and schools
by Bija Knowles
Brexit is currently built on shifting sands but it will inevitably have a wide-ranging impact on businesses, the financial sector and its employees
91% of firms say Brexit is most serious challenge to the UK financial services
by Bija Knowles
Two reports – one from leaked from government and another published by CBI/PwC – say Brexit will have a negative impact on British business and financial services
Why European – and UK – businesses must prepare now for Brexit
by Bija Knowles
Businesses on both sides of the English Channel are being advised to prepare for Brexit now, as supply chains will have to be redesigned following 19 March 2019
73% of UK CFOs expect worse conditions post Brexit
by Bija Knowles
Brexit pessimism is running high among British CFOs, with three out of four expecting Brexit to lead to worse economic/business conditions in the long term
EBA publishes final guidelines on PSD2 security measures
by Bija Knowles
Guidelines for appropriate security measures to mitigate operational and security risks under PSD2 have been issued by the European Banking Authority
Four EU initiatives to deepen Economic & Monetary Union
by Bija Knowles
Even as the Brexit process progresses to stage two of negotiations, the European Commission is making clear its focus on building and reinforcing its own economic alignment
British industry urges rapid action to avoid ‘no-deal’ Brexit
by Bija Knowles
Walking away from Brexit negotiations would be “an act of gross irresponsibility”, putting jobs at risk while also risking EU-UK data flows, which underpin UK economy