Posts Tagged ‘Regulatory’

Top 5 Questions on Fair Value Measurement under FRS 102

Companies reporting under UK GAAP are facing new regulatory requirements under FRS 102. Particularly, accounting for financial instruments is changing significantly. Starting 2016, treasuries will be audited under the standard. 1. What´s new under FRS 102? Most basic financial instruments continue to be measured at amortized cost. More complex financial derivatives such as options, forwards,…

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ACT Conference Review: The Age of Treasury – Evolution or Revolution?

At the ACT Annual Conference, over 600 finance professionals from every major industry and from all career levels met in May in Manchester to review what´s challenging treasury and how treasury is adapting. Uncertainty Challenges UK Treasurers Finance professionals in the UK face a lot of uncertainty. There is uncertainty about Scotland´s future, the UK´s participation…

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Treasury Technology: What Tools Are Used Today? And Tomorrow?

Treasury is changing, says 85 percent of the 200 global finance professionals who responded to Reval´s survey, “How Future-Proof Is Your Treasury”. Drivers for treasury transformation are new and changing regulations, inefficient processes and market volatility. Over 80 percent of survey participants say they consider technology as an enabler for treasury transformation. For this reason,…

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Basel III: Changing the Game for Banks and Treasurers Alike

As a consequence of the financial turmoil in 2008, Basel III adds new requirements for the composition and quality of capital to financial institutions. Thinking of Basel III as a regulation for banks only may leave you unprepared for the effect it can have on corporate treasury. Anticipating capital restrictions, banks have already increased interest…

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Payments Technology: Integration Pays Off Twice

SEPA (Single Euro Payments Area) set the corporate payment landscape into motion to harmonise payment formats and instruments. The standard improves the efficiency of cross-border payments and creates a single market for euro payments. In order to ensure SEPA compliance and benefit from its new rules, treasurers (particularly those in Europe) are continuing to adapt…

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Beyond SEPA: Next Steps to Payments Excellence

By Günther Peer, Reval Regional Vice President, Solutions Consulting, EMEA Although most SEPA projects are complete, or are close to completion, treasures should not consider their focus on payments as being over. Instead, they should consider SEPA a preparation exercise and take the next steps towards optimization and sophistication in payments management. As the trend…

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How to Turbo Start your SEPA Journey

By Günther Peer, Reval Regional Vice President Solutions Consulting, EMEA An update on SEPA migration published by the European Central Bank (ECB) in January 2014 shows that implementation on SEPA Credit Transfer (SCT) is progressing well, whereas migration to SEPA Direct Debits (SDDs) is still challenging many corporations. The good news for some corporations is…

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