PwC’s Chris Raftopoulos explores the uncertainties treasurers are facing around LIBOR reform and
the possible mitigation actions.
Latest posts from our Treasury and Commodity Talk blog
Welcome to our Treasury and Commodity Talk blog, bringing you insights from our team of professionals working across all industries. Our blog covers a wide spectrum of issues – including the impacts of market complexity and foreign exchange and commodity price volatility, changes to regulation and accounting, approaches to funding and cash management, the importance of risk management, the increasing role of technology and much more.
07 June 2019
05 April 2019
A new imperative: the evolving SWIFT Customer Security Programme
By David Woerndl and Victoria Back With cyber crime becoming more sophisticated, and the cyber threat landscape continually evolving, it is not surprising that the SWIFT Customer Security Programme (“CSP”) is expanding. Security standards are of critical importance to the network, and so the introduction of further both mandatory and...
05 March 2019
Data analytics: transforming the role of the treasurer?
By Camila Montagni Have you started to consider how data analytics can better help solve your everyday treasury problems leaving you freer to work on more interesting challenges and opportunities? From what I have seen, even though there is interest, the Treasury community is perhaps lagging behind their peers in...
02 November 2018
Knowing the rules versus playing the game - the Treasurer’s role in cybercrime prevention
“The rules are important, but the increasing innovation and motivation of attackers makes it imperative to adapt our approach to security – and play a different game”. For me, this quote from Richard Horne, PwC’s Cyber Risk Partner, neatly surmises the challenges organisations face in managing cyber risk, examined in...
04 October 2018
Have you benchmarked your banking costs recently? How you can optimise your cash management
By Thomas Knudsen Have you recently reviewed your corporate banking arrangements and are you considering how you can further optimise your cash management? You probably aim to undertake a review of your banking and cash management arrangements every 3-5 years in order to check if your are getting the best...
11 September 2018
LIBOR transition roadmap update
The FCA, FSB, ISDA and the Sterling Risk Free Reference rate (RFR) Working Group issued successive communications which collectively urge action and further clarify how firms should manage the transition from LIBOR to alternative RFRs by end-2021. PwC provides analysis.
30 August 2018
Now we have survived the summer heatwave, take a fresh look at your exposure to commodity price risk and how to manage it
Many companies are concerned about their commodity price risk, what it means for their business and crucially how they can manage it. Managing this exposure is key to competitive advantage and viability of the business in the long term.
05 June 2018
Automation of the commodity trading middle office: a threat or opportunity for risk managers?
We all know that disruptive technologies are in full force and PwC, like our clients, is investing significant time in understanding the potential impact of robotics, artificial intelligence and other advanced technologies on the commodity trading and risk management landscape.
17 May 2018
Implementing IFRS 16 – Treasury consideration
88% of Treasurers from our client event in March have begun their IFRS 16 implementation. This blog considers some of the key issues Treasurers are facing on their implementation journey and what their final outcome should look like.
30 April 2018
Preparing the Treasurer for IFRS16
By Christopher Raftopoulos, Sian Orr and Camila Montagni Sir David Tweedie, former Chairman of the International Accounting Standards Board (“IASB”), once said; “One ambition before I die is to fly in an aircraft that is on an airline’s balance sheet.” Fortunately for Mr Tweedie, with the replacement of the old...