Will SEPA ever get off the Ground?
“Usually when you make designs by committee you end up with the lowest common denominator.”
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“Usually when you make designs by committee you end up with the lowest common denominator.”
(more…)
Treasuries are all too rarely measured on their ability to help the company succeed. However, any CFOs wishing to measure their treasury department’s performance in 2009 will find that the credit crisis has made it even more difficult to achieve an accurate indication of success.
Recently the European Central Bank came out with the 6th progress report on SEPA.
When we talk about SEPA most people think about the SEPA Credit Transfer, but SEPA is also about card payments and direct debits.
Working on the boundaries of the financial world as I do, one sits on the line where accounting meets real life. This provides a unique vantage point for seeing where cash flows are collected, managed, predicted, hedged, raised, invested and centralised before the cash is finally paid out again into the wider world.