The six years between the launch of SEPA Credit Transfers in 2008 and the end date in 2014 marked a period that heralded great opportunity, but was often troubled by inertia and contradiction. One year on, what stage have treasurers reached in achieving the benefits that SEPA promises? Read More ...
To support the ongoing expansion of the business, Menarini’s group treasury embarked on a project to rationalise bank relationships, centralise cash and liquidity management, and streamline financial processes both in Eastern Europe and in Italy.
The Cashfac Operational Cash Index highlighted that just 35 percent of respondents had timely, accurate visibility over 55 percent or more of their total cash.
While French mid-market firms have adopted prudent financial strategies since the financial crisis, pressured competitiveness and stagnant investment levels are inhibiting France’s economic recovery.
Not only are new trade routes emerging, such as between Asia and West Africa, but changes in regulation and business culture are resulting in new opportunities for managing cash in countries such as China.
As a mid-cap company operating globally, HMY Group faced the liquidity and risk challenges typically more familiar to large multinationals, but without the same scale or leverage with their banks.
One year has now elapsed since the laboured launch of the new regulations on over-the-counter (OTC) derivatives. François Masquelier reviews progress so far and asks what more might we expect from EMIR.