In the newsletter…
We apologise for the late arrival of last month’s newsletter. This was for reasons beyond our control – a major systems burglary at our printers. This event highlighted for us the need for a business to have adequate backup systems. If our printers had not had effective backup systems, the March newsletter would have been even later. This month, we look at the precautions a treasury should take to ensure that it can continue to operate after a similar event.
In the Euro world, a major issue of the next few months will be the imminent introduction of euro notes and coin. This month, we start reporting on how this will be handled and the impact on local banking services. This is a subject we will return to as the end of the year approaches.