The EACT has submitted its response to the European Commission's consultation on the long-term financing of the European economy. The response underlines some essential elements of financial regulation that we feel the legislator should consider in all current and future actions and policies in order to make Europe a competitive and appealing place to both conduct and grow business. We argue that legislators should ensure there is coherence between different legislative acts and policy goals; and systematically take into account and assess the impact of any financial services legislative proposal on non-financial companies. Non-financial companies should not be deemed to be the same as financial companies when financial regulation is being developed. We also call on the legislator to recognise the need for balance between making the banking system stable through prudential requirements and lending to the economy.
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).
View MoreThe 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.
View MoreSustainable 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.
View MoreWith 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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