As a matter of good financial management, the ACT has provided advice to its members on contingency planning for a downturn in the economy.
Investment grade companies generally entered the current stage of the economic cycle with balance sheets in relatively good shape and having stocked up on un-drawn multi-year lines of credit during the years of easier availability. But even if a company is in good shape, it will still want to consider how its customers, suppliers, competitors and potential acquisition targets may be affected by a downturn and how they may respond.
HMT consultation: FSMA market abuse regime: a review of the sunset clauses
Market abuse is a serious offence that damages investor confidence and the integrity of financial markets. This consultation seeks views on the appropriate scope of the UK's civil market abuse regime.
As the world's leading provider of treasury qualifications, the ACT is committed to making professional treasury information available to an international audience. Anyone who has successfully completed the ACT membership examinations can become a member, wherever they are located. Members of overseas treasury associations who are resident in the UK for up to three years can also become international affiliates.
The International Accounting Standards Board has started the formal process of considering ways to reduce complexity in IAS 39. Its discussion paper sets out thoughts on the way financial instruments are measured and some ideas for simplifying hedge accounting.
