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Chairman Olivier Brissaud

Read the letter(s) of the Chairman.
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Welcome

ATEB is the Association of Corporate Treasurers in Belgium, an association of  professionals in the field of treasury. It is a not-for-profit organization. Our main goals are sharing experience, practical cases and workable solutions amongst our members based on full trust and confidentiality. We represent the profession in Belgium and offer education programmes together with other associations of the financial sector (see www.febelfin.be). Our association has around 160 members. ATEB is member of  the European Associations of Corporate Treasurers (www.eact.eu) and of the International Group of Treasury Associations (www.igta.org).

Looking forward to meeting you,

Best regards
On behalf of the Board
Olivier Brissaud

 
Will corporates be the collateral victims of financial regulation?

Both in the US and on this side of the Atlantic Ocean, politicians are  going out of their way to prove to their electorate that they have learnt the lessons from the financial crisis and that it would never happen again (in this way...).

Now that they have taken a number of measures which are completely unfocused, overly timid or pointless (fiscal shelters, traders' bonuses, supervision of financial systems or rating agencies) they might well end up achieving the exact opposite of what they should have been after (regulation of derivatives and reshaping of Basel II), had they been serious about preventing another financial crisis in the years to come.

Let’s put this straight: The action of small states whose survival depends on their ability to attract monies from abroad has certainly not been at the origin of the financial crisis, nor has it compounded its effect. But our politicians gladly availed themselves of the opportunity to lure back some funds that escaped taxation at home. Some of these monies will be used to finance the recovery of the banking system...fair enough? Some may say so and part of their electorate may rejoice. Still, as this was obviously considered to be the most urgent political priority, one might have wondered about the consistency of the steps to come, and rightly so....

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TREASURER'S DAY


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