Managing risk and uncertainty– whether created by market volatility, geopolitical events, regulatory change or lack of economic confidence – dominated 2016, with 2017 looking set to deliver more of the same. With diverse pressures and potentially competing priorities, how can treasurers make sense of the diverse set of issues that they are forced to contend with? Deutsche Bank recently commissioned the Economist Intelligence Unit (EIU) to produce a comprehensive whitepaper, Managing Risk in Challenging Economic Times, to understand treasurers’ issues in more detail. In a series of articles that will follow in TMI, experts from Deutsche Bank explore some of the concerns and priorities that arose from the study in more detail, and illustrate how leading companies are overcoming them. In the first of these articles, Daniel Schmand, Global Head of Trade Finance, Deutsche Bank, discusses regulatory risk, which has emerged strongly as a key priority over the past year.
In September 2016, the Economist Intelligence Unit (EIU) published its whitepaper, Managing Risk in Challenging Economic Times which was commissioned by Deutsche Bank. The report was based on a survey of 150 senior corporate treasury executives and 150 CFOs from around the world, representing companies of above $2bn in turnover, to find out how they are managing risk in challenging economic times.
Key findings included: