On Thursday 6 July 2006, the Association of Corporate Treasurers (ACT) signed an agreement with the International Association of CFOs and Corporate Treasurers (China) (IACCT (China)) at the IACCT (China)’s first annual meeting in Hong Kong. The agreement illustrates a framework for cooperation between the two associations. It acknowledges the commitment of both organisations to work closely to develop the understanding and importance of treasury, risk and corporate finance management in China. One of the aims of this cooperation agreement is to jointly develop training programmes to grow treasury skills and recognition for the treasury profession in Hong Kong and Mainland China. In addition, it offers those working within corporate treasury or the banking environment the opportunity to undertake the ACT’s recognised treasury qualifications with the endorsement of the IACCT (China). Speaking from Hong Kong, Richard Raeburn, the ACT’s Chief Executive, said:
This is a time of great change within the Chinese economy and we are delighted to have signed a cooperation agreement with the IACCT (China) to confirm our commitment to provide support and guidance to those working in treasury in China. Richard Raeburn, the ACT’s Chief Executive
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