By Helen Sanders, Editor
The World Café sessions at the EACT Summit were an excellent opportunity for participants to engage with their peers to discuss informally some of the key issues facing treasurers today.
Regulation – Is it Necessary, or Necessarily Bad?
Participants agreed that it was important for corporate treasurers to manage their risk, and stringent regulations provided reassurance that they have strong, reliable banking partners. However, while there may previously have been too much power centred on the banks that were ‘too big to fail’, has this been transferred to the regulators instead: what is the impact of this, and who is regulating the regulators? Where is the mechanism to assess how effectively they're achieving the objectives they have set out, and how can over-regulation be avoided?