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Corporate Finance

Euro-Associations of Corporate Treasurers (EACT) Association News

Pierre Poncet EACT

A note from the Chairman... 2004 is an historical year for Europe. It is the year when ten new countries joined the European Union, the year when a new ‘Constitution’ is to be adopted (still to be voted by the 25 countries) … and the year in which the two year old EACT – Euro-Associations of Corporate Treasurers – has decided to become the European Associations of Corporate Treasurers. On October 23 2004, an EACT Extraordinary General Meeting held in Paris decided to modify its statutes to allow any corporate treasury or finance association of the European Union countries to become an EACT member if it wishes to do so. EACT is changing its meaning but will keep the same logo. In an open-minded attitude, EACT may grant observer status to any corporate treasury association of a European country and/or of a country which has made an application to join the European Union. EACT is keen to bring together all treasury associations directly affected by the directives, regulations and recommendations issued by the European Union bodies without forgetting the possible indirect consequences on some non-EU member countries. The number of EACT members should quickly increase in parallel with the weight of our proposals and the mutual enrichment of our associations and individual members.

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