Time to start looking ahead

2009 was a turbulent year for corporates and bankers alike. Every company was affected in one way or another by the crisis and as such, the early part of 2009 focused on firefighting and damage limitation. The second half of the year brought some hope as government stimulus packages started to take effect and many began to see the light at the end of the tunnel.

This issue of Treasury Today focuses not on what has been, but looks ahead at some of the changes that will affect treasury in the coming months and years. We take an in-depth look at how the SEPA Direct Debit (SDD) will affect corporates, and examine the critical issues surrounding this most recent phase of the SEPA initiative. 

Learn more about how the crisis has changed the way that treasurers view hedge fund investment in this month's Corporate Finance article - are hedge funds off the treasury agenda for good?  Also, read about the changes due to be made to IAS 39 as we discuss the key points with two expert contributors.