Trésorier/Treasurer magazine - N°94 - Juil/Août/Sept 2016 - (Page 23)

FOCUS FOCUS AREAS OF THE TREASURY FUNCTION - JUL N°94 Treasury centres and their main operations Most treasury centres are evolving from service centres to more strategic, centralised value-adding or profit centres. One of treasury centres' main priorities is to obtain 100% cash visibility within their group while ensuring efficient control over the majority of their cash. In this respect they have begun setting up cash pooling and netting solutions, while a few of them (12%) are also taking advantage of payment factories. The majority of treasury centres protect cash by conservatively managing their risks. Regulations continue to have a substantial impact on treasury activities, especially Basel III, EMIR, the Dodd-Franck Act, the Sarbanes-Oxley Act, and legislation in the area of Base Erosion and Profit Shifting (BEPS). More and more treasurers are reporting specific "treasury dashboards" to their CFO/CEOs that highlight their core treasury activities and their performance via a regular reporting of their - From our overall results we noted the following trends in the field of treasury: LE MAGAZINE DU TRESORIER / TREASURER MAGAZINE Carried out together with the ATEL, the KPMG Treasury Survey focuses on companies with treasury activities in Luxembourg. It aims to better understand the kind of treasury centres that have been set up, to identify what operations they conduct, and to learn how they measure the performance of their treasury services. / AUG / SEP 2016 TREASURY SURVEY - AN UNPRECEDENTED PICTURE OF TREASURY ACTIVITIES IN LUXEMBOURG 23

Table of Contents for the Digital Edition of Trésorier/Treasurer magazine - N°94 - Juil/Août/Sept 2016

Cover
Table of contents
EDITORIAL
FINANCIAL HIGHLIGHTS Luxembourg Tax News
INTERVIEW Philippe Gelis - Kantox - Fintech and the future of banks
FOCUS
Lost in transformation
Everything has a price – a transfer price
Treasury Survey - an unprecedented picture of treasury activities in Luxembourg
FORUM
The impact of negative rates on Treasury and Risks Management Systems
Towards reporting harmonisation?
Understanding the Treasury impact of BEPS
Impacts of Single Resolution Mechanism and Bail-in for European Banks
Supply chain? Not concerned?
Collateral management and the Corporate Treasury function.
Efficiently Managing Cross-Border Payments in Turbulent Times
CORPORATE FINANCE
How Mid-Market Companies Can Efficiently Manage Enterprise-wide FX Risk as they Grow
Investing surplus cash in repos
A wind of technology changes in the treasury management world
Invoicing can be fun….?
Comment améliorer la performance des fonds de pension européens
15 MINUTES WITH O2Finance
THE FINANCIAL RISK OBSERVATORY
NEWS
LIFE BEYOND NUMBERS

Trésorier/Treasurer magazine - N°94 - Juil/Août/Sept 2016