Trade Finance Innovation is a key topic for corporate treasurers. It remains a priority area where developments have been too modest in comparison to other sectors, despite importance in facilitating international business. There are issues of modern life which have not shown radical changes and transformations over the last decades. The way we deal, we shop, we hedge, we lend, or we pay, for example, have changed significantly. Why shouldn't Trade Finance also deliver its full potential of transformation? The Global Financial Crisis perfectly illustrates the value of Trade Finance to increase predictability of cash-flows, release working capital from supply chain and most importantly to manage related risks of this chain.
The EACT has been advocating for a digital identity for Corporates for many years now. We believe that, Corporates, like individuals, must have a single identity which help them to identify itself and identify third parties as well in this digital era.
ReadThe Supply Chain Due Diligence Act (LkSG) creates the legal framework to improve the protection of the environment and human rights along German supply chains. GACT spoke to Dr. Julia Sitter (White & Case LLP) about the relevance and need for action by treasury departments.
ReadThe Capital Market Union, which was one of the main objectives of the Vander Leyen Commission, is back in the limelight, and is likely to become a priority for the next Commission next summer.
ReadGeneral insights into the common priorities of corporate treasurers that will still be relevant in 2024.
ReadFrançois Masquelier lists some comprehensive steps to best assess counterparty risks.
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