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A hub of news on current industry and technical issues, advice and career development support.
We have undertaken a governance review in order to ensure up-to-date arrangements are in place to facilitate good strategic leadership, accountability and a framework that encourages diversity and inclusion. Early last year, all voting members (FCT and AMCT) received an email from our then President, Peter Goshawk, explaining that the ACT was undertaking a governance review in order to ensure it has up-to-date arrangements in place to facilitate good strategic leadership, accountability and a framework that encourages diversity and inclusion. Peter informed members of a small interim change, ahead of the conclusion of the full review, reducing the maximum size
As the new year kicks off, now is the perfect time to reflect and review your learning and development needs for this year (we know you have been meaning to do it). WE CAN HELP We train over a hundred of treasury and finance professionals every year and our face-to-face courses are the ideal way to learn valuable skills in a very short space of time – and action them as soon as you return to your desk. View all our courses at treasurers.org/training 2019 TRAINING SCHEDULE The A-Z of Corporate Treasury | 28-31 January 2019, Zurich Advanced Cash
KEYNOTE ANNOUNCED | 40TH ANNIVESARY | COMPETITION WINNERS | BEST RATES | YOUR GUIDE All the latest news on this year’s ACT Annual Conference… For more details about the ACT Annual Conference, including how to book, visit treasurers.org/annualconference today. You can also follow the latest conference news @actupdate #actac19
The year might be drawing to a close, but we are continuing to look forward. Over the past few months, we have been working hard to continually improve the ACT learning experience and are looking forward to sharing the changes with you. CHANGES HAVE BEEN IN THE MAKING Early in the new year we will be enhancing the Certificate in Treasury Fundamentals, the Certificate in Treasury and the Diploma in Treasury Management study materials with additional webinars. Student feedback has indicated that the existing webinars are really useful in providing another perspective on challenging topic areas, so we hope you
In 2019 we will celebrate our 40th Anniversary! We are very proud of all that we have achieved over the years, none of which would have been possible without the significant contribution of our members, other treasury professionals and the wider financial community. To celebrate and to recognise this support, Council has invited a small and select group of individuals to become either Fellows (for the most senior and experienced practicing treasurers) or Honorary Fellows (for those no longer practicing treasury or non-treasurers) with effect from 1 January 2019. Of the 15 admitted to Fellowship in this way, 12 are
The UK payments industry is moving to a global standard commonly referred to as ISO 20022. This standard will create a common language for payments data across the globe. It is hoped that standardised and more data rich payment information will deliver significant long-term benefits to companies, government and citizens. THE CONSULTATION PAPER The Bank of England, PAY.UK and the Payments Systems Regulator (authors) issued a consultation paper in June 2018. The purpose was to look at the impact of introducing a Common UK Credit Message (CCM) that would harmonise messaging across CHAPS, Faster Payments and Bacs based on ISO
Members unify with the need to address blockchain. Several of the presenters at our recent ACT Working Capital Conference referred to or were presenting software solutions which used blockchain. The ACT have written on blockchain in The Treasurer last year, and until recently our Wiki definition was drawn from a 2017 article. Member questions revealed a need to get back to basics on the subject: both to redefine blockchain (asked 11 times in one session) and to understand why treasurers may want to know how it works (10 times in the same session). Blockchain was presented as a means of enabling
In the spirit of International Volunteering Day on 5 December, you might be interested in the results of the recent NED and volunteering snap poll. The poll was part of a wider initiative looking at how members volunteer and followed a discussion at a recent volunteering member evening. As qualified treasurers, ACT members have a unique mix of experience and knowledge, underpinned by their ACT membership. Finance and treasury skills are in high demand from boards of both corporates and not-for-profits. Snap poll: The NED and volunteering snap poll was completed by 70 members and showed: Overall, there is a
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