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From next month, UK businesses will be legally required to report on their payment practices. Treasury Today takes a closer look at what the Duty to Report on Payment Practices and Performance Regulation means for businesses.
Having initially turned down the opportunity to join a corporate treasury department, Marc Vandiepenbeeck, Vice President & Assistant Treasurer at Johnson Controls has gone on to forge an exciting career in the profession. Here he shares some of his thoughts on the evolution of the profession and what more can be done to push it forward.
In light of Basel III, treasurers need to understand how the new regulation may affect their bank deposits and whether alternative investment vehicles might be worthy of investigation.
An unlawfully parked car racks up a big fine.
16th March 2017 – Kyriba Corp., the global leader in cloud-based treasury and working capital solutions, announced Pimkie has chosen Kyriba’s supply chain finance solution to manage its supplier invoice financing programme.
17th March 2017 – essDOCS today announced the acquisition of eCertify Pty Ltd, the inventor of the electronic Certificate of Origin (eCO). eCertify provided the first eCO solution in 2008. Today, its eCOs are used by 13,000+ companies and 120+ Chambers of Commerce in 6 countries.
22nd March 2017 – Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today announced it has launched the Bats Brexit 50/50 Indices, two new benchmark indices designed to reflect the impact of Brexit on UK companies.
17th March 2017 – The Bank of England’s FinTech Accelerator announced today that it is conducting a PoC with Ripple to demonstrate cross-border payments and settlement using two different Real Time Gross Settlement (RTGS) systems. This collaboration marks the first instance of a central bank exploring how it can use blockchain technology to enable improved cross-border payments.
16th March 2017 – BNP Paribas today announces it has strengthened its existing market-leading position in European corporate banking and cash management, according to results published today by Greenwich Associates.
21st March 2017 – Thomson Reuters is collaborating with SAP to allow its World-Check content to be available to customers within the SAP® Business Partner Screening application. The aim is to help organizations better manage their third-party compliance and risk challenges.