The European Association of Corporate Treasurers (EACT) published today its response to the European Commission’s (EC) consultation on a Retail Payments Strategy for the EU. In our response we highlight the critical importance of ensuring top-down regulatory harmonisation across the EU to achieve a true single market for payments and facilitate cross-border payments by corporates. We fully support a regulatory framework that is open to innovation in the payments space.
At the same time, to ensure that the benefits of payment innovations materialise, we urge for the mandatory uptake of for example the SEPA Instant Credit Transfer Scheme (SCT Inst.) and a wider regulatory push towards the uptake of new solutions such as Request to Pay.
We also highlight that a widespread uptake of payment solutions such as instant payments needs to come hand in hand with commensurate end-user protection against fraud and mistaken payment flows.
The European Association of Corporate Treasurers (EACT) has published its response to the European Commission’s (EC) consultation on the creation of an EU Green Bond Standard (EU GBS).
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The latest issue looks at central bank digital currencies (CBDCs), communication in a digital world, and information regarding the new 2020 - 2021 Journeys to Treasury report.
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Sustainable finance and environmental, social and governance (ESG) reporting are becoming increasingly important topics for treasurers. This briefing sheds light on why and how sustainable finance should matter to all treasurers and explain the latest regulatory developments and initiatives at EU level.
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With the launch of the 2020-2021 report, following on from the special COVID-19 series earlier in the year, the Journeys to Treasury partners are helping treasurers globally at every step through a tumultuous journey.
View MoreThe EACT is grateful for the opportunity to respond to the European Commission's consultation on a renewed sustainable finance strategy. Read our position here.
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