by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman of the European Association of Corporate Treasurers
We all firmly believe that the treasurer’s job has changed over these last five years. However it looks as if we are moving into a new phase of change and evolution for the job, a phase tinged with shades of grey. Transactions are becoming more complex and processes more burdensome because of the new regulations. Treasurers are battling to comply with these regulations and no longer have time to devote to tasks with a higher value added. This perhaps is the biggest challenge in the immediate future, not the regulations themselves.