ACTS, Treasury

ACTS | ACT(UK) : Treasury Without Borders

September 09, 2018
In collaboration with

ACTS | ACT(UK) : Treasury Without Borders

The Association of Corporate Treasurers (Singapore) and (UK) are proud to announce this inaugural joint event where we will partner up to allow our members from the two different associations to network and share insights on the global treasury scene over an evening of frank and candid discussion.

In an increasingly global marketplace with perpetually volatile economies, it is more challenging than ever for corporates to keep their competitive edge. Against this background, in this event we will be focusing on two topical issues affecting corporate treasurers in Asia and Europe alike: LIBOR reform and virtual account management (VAM). Members from the ACT (UK) will bring their perspectives from Europe, while their counterparts from ACTS will opine from the Asian angle.

We hope you will join us in this event where the best Treasury minds in Asia and Europe meet!


17:30 Registration and networking refreshments
18:00 Welcome from the ACT Singapore and ACT (UK)
18:20 LIBOR: update and implications
19:10 Virtual accounts management: state of the art
20:00 Close of event and networking

Who will be Attending?

Caroline Stockmann, Chief Executive of the ACT (UK)

LIBOR is used extensively by corporates as the interest rate benchmark in loans, bonds and derivative products as well as intercompany loans and other commercial contracts. The proposed Risk-Free-Rate alternatives are not the same as LIBOR. These differences, such as pricing gap and the current lack of forward looking term rates will impact not only risk management, but also operations and systems. It is important for the corporates to fully understand the implications of the change and we hope the guide will be effective in ensuring that. We actively encourage treasurers to join the conversation and have their voice heard.

Goh Seng Ti, President of ACTS, General Manager Finance & Administration, Isuzu Motors Asia

While the change of LIBOR is still many years away, it is necessary for Corporate Treasurers to take stock of their current exposures, engage the regulators and their banks, and be prepared for the impending changes. Many of us in the Corporate space do not have the same resources nor expertise like the Banks or Financial Institutions, but our exposures to LIBOR can be wide ranging from credit lines with banks to intercompany loans benchmarking. We need to speak to our peers and prepare ourselves better.”

Speakers from Clifford Chance and Deloitte Treasury Advisory will be there to offer their professional views from a neutral party stance. We will be joined by Corporate Treasurers who are based in Singapore and expert speakers on the subjects.

Reserve your place today. Space is limited so early booking is essential.

about author

ACT(S) is a non-profit organisation of individual memberships drawn from corporate treasurers and finance professionals involved in corporate treasury work. Members are typically in corporate organisations on the buy-side of the marketplace. Established in 1991 as the Treasurer's Club, the association has grown in numbers and spread. As Singapore increasingly become a treasury hub, membership now include group and regional corporate treasurers, treasury centre managers and other professional whose treasury activities cover a wide geographical spread.