Risk management resource centre

An article from the ACT Future Leaders in Treasury Group

At a time of crisis, managing financial risk moves to the top of the board’s agenda, but what steps should you be taking now to protect your cash?

For those around in 2008, the events of the last few weeks or so might feel like déjà vu - well, it is, and it isn’t… The ACT Policy & Technical team gives their view

The GFXC has completed its review of the FX Global Code, updating its principles of good practice in the foreign exchange market in several key areas. The Committee is also publishing templates for industry participants to use in improving disclosures and assisting with transaction cost analysis.

A key responsibility of the treasurer of an organisation is to manage financial risks such as foreign exchange risk, interest rate risk, liquidity risk and funding risk. Where a treasury function does not exist (as in smaller or less complex companies) the finance director or accountant is typically responsible. This briefing note sets out one approach to producing treasury policies based on current practice in risk management.

An FRC guidance note sets out best practice on risk management and provides a useful framework for treasury professionals.

Voluntary standards will promote efficiency, better pricing and lower costs, according to industry insiders.

Presentations

Corporate treasurers add value via risk management, cost saving and enabling operational change. Doug Williamson explains how.