CFOs need new skills for future challenges
by Kylene Casanova
A survey of more than 500 CFOs shows that the role is becoming increasingly diversified and that the CFO's mandate is expanding to cover areas including IT, cybersecurity, risk and M&A.
Operations
Background
The large majority of the work in a corporate treasury department is administration, transaction processing and non-discretionary decision making. This absorbs most of the time and resources in the…
Read moreDoes technology actually help you to improve your Cash Management?
by Nicolas Christiaen , CEO & Founder, Cashforce
It is a question that many companies have been asking themselves for the past few years. Innovative, dedicated technologies may be very exciting, but the question remains: Are they worth the investment?
Non-GAAP financial reporting = bad business decisions
by Kylene Casanova
In their financial statements, companies need to stick to internationally accepted accounting standards. Not just for the investors' sake but also because this leads to better business decisions.
Outsourcing: After 2 years will you dare to ask & honestly answer these questions?
by Kylene Casanova
The two year review that every outsourcing programme should be subject to. These are the critical questions in any corporate treasury department
EBA amends supervisory reporting standards due to IFRS 9
by Kylene Casanova
The European Banking Authority (EBA) has amended its final draft implementing technical standards (ITS) on the reporting of financial data, in light of the implementation of IFRS 9 in 2018.
How to unlock growth by integrating sustainability strategies and practices
by Kylene Casanova
CFO: “Sustainability is smart business, and is how we are managing our business.” Treasurer: “If we’re not sustainable, we don’t have a business. Sustainability is consistent with having a long-term business.”
Is it smart? Is it a contract? Legal nitty-gritty on what constitutes a smart contract
by Kylene Casanova
Blockchain technology is rapidly opening up new possibilities for how businesses communicate with each other, but do we always understand exactly what the new terminology means?
Three-quarters of businesses say tax risk is top transfer pricing priority
by Kylene Casanova
A report from EY has shown a rise in the percentage of companies that say tax risk management is their top transfer pricing priority – from two-thirds in 2013, to three-quarters in 2016.
Electronic systems reducing hours spent on global tax compliance
by Kylene Casanova
A report by the World Bank Group and PwC has found that, globally, governments are making progress in simplifying and reducing the burden of tax compliance on businesses.
EU regulatory update from the EACT
by Kylene Casanova
The European Association of Corporate Treasurers (EACT) has issued its November report on regulation in the EU, highlighting progress on EMIR, Basel, MMF, FTT and more.
Will we be safe from economic melt-down if Dodd-Frank is dismantled?
by Kylene Casanova
The Dodd-Frank Act is likely to come under fire from the Trump administration next year. What could be some of the consequences of this?
Technology + data are biggest challenges for financial reporting
by Kylene Casanova
Financial reporting is getting harder because CFOs are struggling with huge volumes of data and are held back by outdated legacy systems, according to a report by EY.
Will CFOs ever accept: in corporate treasury OUTSOURCING IS OFTEN A BAD IDEA
by Kylene Casanova
Shell insourcing model shows how to do it with own staff. If use outsourcing, carryout comprehensive reviews of impact to see if you are really making savings
Q - 01: How can we retain & use corporate treasury experience, knowledge & wisdom?
by Kylene Casanova
Don’t allow 30 years experience of corporate treasury to just retire and walk away, instead encourage your key staff to advise and mentor your current team. This is how to make mentoring effective
Companies are Sinking in Risk: Thomson Reuters 2016 Global Third Party Risk Survey
by Kylene Casanova
Many companies are struggling to monitor risks posed by their suppliers, distributors and partners AND, due to business pressures, many respondents would not report regulatory breaches
What does corporate treasury do? What should it do? Be a strategic partner?
by Kylene Casanova
Scania show how the corporate treasury department can be more effective
Better luck this time for EU corporate tax?
by Kylene Casanova
The European Commission has outlined its latest proposals on corporate tax reforms, with a renewed plan for a common consolidated corporate tax base (CCCTB).
US lags behind UK + Asia investment in fintech for corporate treasury
by Kylene Casanova
A survey on treasury fintech shows that the UK and Singapore are leading the way in investing in fintech solutions for corporate treasury. The US and France are lagging behind.
Transparency and disclosure will boost shareholder value
by Kylene Casanova
75% of business leaders said that greater transparency and disclosure about long-term plans are the best way to ensure that activist investors create long-term value for all shareholders.
Guidelines clarify transaction reporting requirements under MiFID II
by Kylene Casanova
ESMA issues final guidelines on the implementation of the transaction reporting regime under MiFID II.
EC adopts rules to mitigate risks in OTC derivatives
by Kylene Casanova
New rules set out the levels and types of collateral that OTC derivatives counterparties must exchange bilaterally if the transaction is not cleared through a central clearing counterparty (CCP).
How blockchain will be used in financial services
by Kylene Casanova
Research by Finextra and Epam looks at some of the current projects using blockchain to improve cross-border transfers, trade transactions as well as data and customer identity management.
Corporate treasury department: take control & build your own future in the API age
by Kylene Casanova
Application Programming Interfaces and inter-connected systems and services are opening up a new future for corporate treasury and transforming the whole business delivery model
Euroclear’s landmark Wave 3 migration to T2S completed
by Kylene Casanova
The migration of central security depositories from three European countries to the TARGET2-Securities platform has been successfully completed.