Blogs by Treasury Professionals

The latest updates from our chief executive.

ACT guidance for uncertain times1 Oct 2008 | 0 comments
Given the extent of uncertainty and change in the financial market we are focused on providing timely and helpful advice to our members. The most recent example of this has been over the past weekend...
The global treasury profession1 Sep 2008 | 0 comments
With the strong international commitment in our qualifications, as well as our events and publishing, we are particularly conscious of the rapid growth of the treasury profession in certain key market...
Pension liabilities: sense and non-sense1 Aug 2008 | 0 comments
Our opposition to the ASB’s proposal to use a risk-free rate to discount pension scheme liabilities has been the subject of an ACT press release earlier this week; it will be interesting to see how ...
Time to test your skills1 Jul 2008 | 0 comments
The current economic and financial conditions have put the spotlight onto those dealing with the funding and cash, and we find the media – particularly the Financial Times – seeking our views and ...
Jon Moulton at the ACT Spring Paper1 Jun 2008 | 0 comments
I have always argued that treasurers’ mettle is tested during volatile times but I do not think that many of us would have wished for today’s highly uncertain conditions in order to create opportu...

Fund early; fund long29 Sep 2008 | 0 comments
This has been the message from the ACT for the last few years – though what we actually said was "fill your boots" as we did not expect the then favourable market conditions to persist. The messa...
If you can keep your head when liquidity dries up25 Sep 2008 | 0 comments
For the money markets liquidity is the problem says Martin O’Donovan. The central banks have been working hard to supply liquidity into the inter-bank market and have just about been keeping the ...
The science and art of treasury management5 Sep 2008 | 0 comments
In amongst the current financial market turmoil, suggests Peter Matza, there has been plenty of press comment about financial engineering, leverage and a whole host of other terms, familiar to treasur...
Fair value of own liabilities14 Aug 2008 | 0 comments
Accounting has once again been confirmed as an art not a science by a quick glance at the 2008 Interim results for Barclays Bank. I confess that prior to learning about accounting I had naively assum...
Writing good, unbiased reports – helpful advice for treasurers31 Jul 2008 | 0 comments
It is good to know that officialdom takes its report writing duties seriously. The European Commission has its own internal guidelines on writing the Impact Assessments that are needed to justify any ...