François Masquelier

Articles

The Dangers of Negative Interest Rates

Are negative interest rates really good for treasurers, and for the world economy in general? There are admittedly some...

When Black Swans Turn Green

The coronavirus (Covid-19) is the latest black swan to blight the financial markets. But it’s not only black swans that treasurers need to recognise the importance of –...

Flags of the European Union.
EMIR REFIT: How to Benefit from the Intercompany Reporting Exemption

What does the EMIR REFIT mean for treasurers and how can they benefit – while...

Boosting the Bots: The Next Step Towards Treasury Digitisation

Where should the digital transformation of a treasury department begin? That’s the issue currently occupying many...

In Treasury We Care Too

The environment is still top of the global agenda as climate change continues to be a major cause for concern and the reason why numerous natural disasters and extreme...

The Added Value of Centralised Cash Management under BEPS

What would be the correct price (i.e., the arm’s length transaction) of a cash transaction under BEPS (Base Erosion Profit...

SWIFT’s Customer Security Programme A Good Initiative?

These days, IT security is a must, especially around payments, which are crucial for all companies. SWIFT, a key player in this...

Blockchain: A Libertarian Panacea?

 Blockchain, the technology underpinning bitcoin, has given partisans of the libertarian movement unlooked for backing. This technology and its offshoots will soon give...

Are Financial Crises Inevitable?

 Ten years already. In the summer of 2017, we marked the sorry tenth anniversary of the last great financial crisis. We may well ask ourselves what form the next...

ISO 31000 Risk Management - Principles and Guidance

ISO 31000 Risk Management - Principles and Guidance  By François Masquelier, Head of Corporate Finance and Treasury,...

The Paradox of Sophistication

The Paradox of Sophistication The more data you have, the less use you make of it  By François Masquelier, Head of Corporate Finance and Treasury, RTL Group and...

They Shoot Treasurers, Don't They?

They Shoot Treasurers, Don't They? By François Masquelier, Head of Corporate Finance and Treasury, RTL Group and...

Lost in Transformation...

Lost in Transformation... by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman of the European Association of Corporate...

Everything Has a Price – a Transfer Price

Everything Has a Price – a Transfer Price by François Masquelier, Head of Corporate Finance and Treasury, RTL...

KYC Forms: The Art of Doing Differently That Which Could Be Standardised

KYC Forms: The Art of Doing Differently That Which Could Be Standardised by...

Upsurge in Fraud

Upsurge in Fraud Just one of those things, a sign of our times or an extra risk for treasurers? by François Masquelier, Head of Corporate Finance and Treasury, RTL...

My Life in Treasury: François Masquelier, RTL Group

My Life in Treasury An Interview with François Masquelier, Head of Corporate Finance and Treasury, RTL Group Treasury...

Credit Rating Agencies in the Line of Fire?

Credit Rating Agencies in the Line of Fire? by François Masquelier, Head of Corporate Finance and Treasury, RTL Group,...

One Year On – EMIRage or an EMIRate?

One Year On – EMIRage or an EMIRate? by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and...

Treasurers, Do You Have Any BEPS?

Treasurers, Do You Have Any BEPS? by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman of the European Association of...

The Need for New e-Payment Methods

The Need for New e-Payment Methods by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman, European Association of Corporate...

A Single Integrated Report

A Single Integrated Report by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman, European Association of Corporate...

Risk Appetite: Fight or Flight?

Risk Appetite: Fight or Flight? by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman of the European Association of...

What Will Go into Future Corporate Reports?

What Will Go into Future Corporate Reports? by François Masquelier, Head of Corporate Finance and Treasury, RTL Group,...

Risk Culture: Cornerstone of Successful Risk Management

Risk Culture: Cornerstone of Successful Risk Management by François Masquelier, Head of Corporate Finance and Treasury,...

'Stressury': Genuine Risk or Fantasy?

‘Stressury’: Genuine Risk or Fantasy? by François Masquelier, Head of Corporate Finance and Treasury, RTL...

Back to the Future: a New Generation of TMS

Back to the Future: a New Generation of TMS by François Masquelier, Head of Corporate Finance and Treasury, RTL Group,...

Interference on the G20 Line?

Interference on the G20 Line? by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman of the European Association of Corporate...

Shifting Shades of Grey

Shifting Shades of Grey by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman of the European Association of Corporate...

Everything You Always Wanted to Know About EMIR Reporting

Everything You Always Wanted to Know about EMIR Reporting (but were afraid to ask) by François Masquelier, Head of...

IFRS 13: When Counterparty Risk Hits Your Bottom Line

IFRS 13: When Counterparty Risk Hits Your Bottom Line by François Masquelier, Head of Corporate Finance and Treasury, RTL...

IAS 39 and Hedge Accounting - For Better or For Worse?

IAS 39 and Hedge Accounting - For Better or For Worse? by François Masquelier, Head of Corporate Finance and Treasury,...

The Cost of Security Today

The Cost of Security Today by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman of the European Association of Corporate...

e-BAM: a Banking Connectivity Fantasy?

by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman of the European...

Will the Cavalry Arrive in Time?

Will the Cavalry Arrive in Time? by François Masquelier, President of the Association of Corporate Treasurers in Luxembourg (ATEL) and Honorary Chairman of the...

Tri-party Repo - How to Finance Yourself and Invest Your Funds

Tri-party Repo - How to Finance Yourself and Invest Your Funds by...

RFPs and How to Ensure They Succeed

RFPs and How to Ensure They Succeed by François Masquelier, Head of Corporate Finance and Treasury, RTL Group and Chairman, ATEL How best to select your suppliers...

IFRS 9, the Long-Awaited Accounting Standard

IFRS 9, the Long-Awaited Accounting Standard by François Masquelier, President of the Association of Corporate Treasurers...

Whether or Not to Collaterlise the Hedging Process: That is the Question

Whether or Not to Collateralise the Hedging Process: That is the Question by...

A Treasury Wish List

A Treasury Wish List by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman, EACT In this article we describe the concerns of...

Give it or Steal it Back…

Give it or Steal it Back… by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman, EACT The European Union (EU) has a...

OTC Derivatives: a Victory or a Battle Lost?

OTC Derivatives: a Victory or a Battle Lost? by François Masquelier, Head of Corporate Finance and Treasury, RTL Group,...

Modernising the Finance Department’s Role

Modernising the Finance Department's Role by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and...

Be Ready! Internal Controls in Treasury Departments

Be Ready! Internal Controls in Treasury Departments by François Masquelier, Head of Corporate Finance and Treasury, RTL...

The Third Act of IFRS 9: Revolution or Simple Reform of Hedge Accounting

by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman, ATEL This article describes the main key proposals made by the IASB...

Ten Years of IAS 39: What Next?

Ten Years of IAS 39: What Next? by François Masquelier, Chairman of ATEL The ten years of IAS 39 have changed our lives as treasury managers. We have been involved with and using ‘hedge accounting’ for so many years that we have almost...

Deciding to Hedge

Deciding to Hedge by François Masquelier, Chairman, ATEL This article discusses key strategic thoughts behind deciding when and how to hedge. It addresses the main...

Son of IAS 39

Son of IAS 39 by François Masquelier, Chairman, ATEL Many treasurers have forgotten that in January 2011 we will celebrate the 10th anniversary of IAS 39. Celebration or funeral? In the last quarter of 2010, the IAS Board is due to publish its new hedge...

Are Your Internal Controls Effective and Efficient?

This article examines the new reporting requirements for internal controls following the transcription of the 8th Directive into...

Red 7... the Winning Number for Money Market Funds?

Red 7 … the Winning Number for Money Market Funds?  by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman, EACT This article describes the accounting issues...

Risk Appetite: Are You Hungry for Risk?

Risk Appetite: Are You Hungry for Risk? by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman, EACT Risk appetite… this notion is something of a paradox in...

Internal Controls for the Treasury: The missing piece...

Internal Controls for the Treasury: The missing piece... by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman, EACT Many companies, because they are listed on the...

Overhaul of IAS 39: Revolution or simplification?

Overhaul of IAS 39: Revolution or simplification? by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman, EACT The butt of frequent criticism in recent months, fair value...

The Ox and the Frog - German Conglomerates in the Current Crisis

The Ox and the Frog  - German Conglomerates in the Current Crisis by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary...

The Better the Brakes, the Faster the Car - adding value through improved ERM

The Better the Brakes, the Faster the Car - adding value through improved ERM by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary...

A New Dimension to FX Dealing

A New Dimension to FX Dealing by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman EACT Banks are seriously contemplating credit-adjusting the prices they quote on FX derivative transactions. The credit parameter...

Satisfied or Your Money Back — are you satisfied with your treasurer?

Satisfied or Your Money Back — are you satisfied with your treasurer? by François Masquelier, RTL Group Head of Treasury, Corporate Finance & ERM, and...