Technical Guidance and Comment

Our knowledge base and the responses we have made to legislative changes within the financial profession are available directly under each Core Element of Treasury (see the left menu for navigation links).

This section provides information on our technical committee and officers, some of the key work we have been involved in, which includes industry surveys, and our most significant briefing notes.

The technical database contains all of our technical updates, guidance and briefing notes, policy submissions and responses.

• Technical database

Policy & Technical Committee and manifesto

The manifesto explains the aims and scope of the ACT’s technical work and the general stance that will be taken by the ACT in formulating and publishing any official views on technical matters.

The work of the policy & technical officers is guided and assisted by the Policy & Technical Committee. Current members of the committee are:

• Mohammed Amin, PricewaterhouseCoopers
• Andrew Balfour, Slaughter and May
• Rupert Beaumont
• Tim Boxell, Slaughter and May
• Tom Buschman, TWIST Standards
• Sarah-Jane Chilver-Stainer, GlaxoSmithKline
• Judith Harris-Jones, Gerber Foods
• Tim Hayter, Bunzl
• Edward Hoefling, Innovation Consultancy Services
• Stephen Pugh (Chair), Adnams
• Yann Umbricht, PricewaterhouseCoopers
• Brian Welch,The Usercare Treasury Consultancy

Technical help

• Technical queries service
  The ACT offers a free service which can help you with technical queries you may have. You will have to be registered and logged on to the website to access this service.
• Library facilities
  The ACT library offers members, students and affiliates access to state-of-the-art services.
• Treasury Services Directory
  Need to find a partner or service supplier for a treasury product? Try our directory, currently listing over 400 businesses which offer services to the profession.
• Treasury Forum
  Read the Treasury Forum for up-to-date news and commentary on the issues affecting the world of treasury

Briefing notes and best practice

• Contingency planning for a downturn
  A treasurer’s checklist to aid your planning in how to cope with a downturn in the economy or sustained lack of liquidity in financial markets and the effects on your company.
• UK Faster Payments Service
  A short description of the Faster Payments Service starting in May 2008 and consideration of the implications for treasurers.
• Share issuance, treasury shares and pre-emption
  A brief summary of some of the key legal and regulatory rules around treasury shares and pre-emption together with links to more detailed papers.
• LMA Loan Documentation
  ACT Guide to the Loan Market Association Documentation for Borrowers.
• Letters of Comfort - a practical guide
  A briefing note dealing with all the issues to be considered when issuing a letter of comfort, including their legal status.
• Market Abuse Directive
  A guide for listed companies.
• MiFID (Markets in Financial Instruments Directive) for corporate treasurers
  An ACT briefing note explaining the key elements of MiFID that are applicable to regulated financial firms and hence how the treasury operations of their customers will be affected.
• Guide to the Securities Lending Markets
  A guide describing securities lending markets.
• The Treasurer's Guide to Investing Corporate Cash
  This guide, which has been produced by HSBC Investments in collaboration with the ACT, is aimed at treasurers with responsibility for investing the cash of complex, multinational groups.