The November 2012 article in Treasury & Risk highlighted the increasing focus on risk by boards and the expectations that corporate treasury department have a major role to play. Indeed they suggest that the most proactive treasury groups initiate these conversations with boards and seek to answer questions before boards have the chance to ask them. This has all been covered before, but the identification of the top four trends was revealing and important:

In recent months, four key trends have emerged within the financial risk management space and treasury, in particular: (1) identifying the impact of new regulatory requirements and compliance therewith; (2) enhancing FX exposure management and impact analysis; (3) developing commodity risk management programs; (4) leading the evolution of treasury into a strategic nerve center for businesses.'

Read more in the full article - recommended - here.