This IBOR session, took place on Wednesday 21 October from 9am – 10am.

The event was hosted in conjunction with EY and Bank of Ireland and it focused on the following:

► Kevin Daly, President of the Irish Association of Corporate Treasurers and Assistant Treasurer with James Hardie Industries plc: Introduction

► Ken Phillips, Director, Financial Services, EY: Overview of IBOR Transition: Background, timelines, transition strategies and accounting impacts.

► Barry Moran, Irish Ambassador of the Euro Risk Free Rate working group: A European perspective on benchmark reform

► Q&A

This webinar gave an overview of ESG, the growing area of sustainable finance and how and why companies are developing and embedding corporate sustainability into the core of their operations.

Speakers were Sean MacHale, Head of Institutional Strategy, ESG and Growth, Bank of Ireland and Paul Harris, Senior Dealer, Corporate & Institutional Sales, Markets & Treasury, Bank of Ireland.

This event was organised by IACT in conjunction with Bank of Ireland.

Since March the world has seen unprecedented levels of change impacting all corners of the globe. Corporates and institutions have been forced to find new and inventive ways of working. With uncertainty remaining over how many months these conditions will last, challenges in crisis liquidity management practices that were not foreseen earlier this year, are now part of daily Treasury activity.

As the challenges of a change in operating models and significant economic headwinds stress capacity & the forecasting models we expected to use this year, the role of the treasurer is once again being stretched across strategic planning and day-to-day liquidity management.

Johnny Grimes, Global Head of Liquidity & FX Products of Deutsche Bank  discussed the impact of the new normal facing global corporations & their treasury departments, and shared examples of the strategies and key learnings their clients are sharing with them in the current environment.

This event was organized by IACT in conjunction with Deutsche Bank.

How does the COVID-19 Pandemic impact corporate ratings, what are impacts on specific sectors? How are the banking counterparts of corporates impacted (from an investment perspective)? What are topics rating agencies need to know about to assess corporate credit and sectorial impact? In this Webinar Fitch Ratings shared their insights and there was an opportunity for Q&A.

This event was organized by IACT in conjunction with Fitch Ratings

• How Fitch approached corporate ratings
• Initial assumptions for 2021
• Actions so far, and what future actions are dependent on
• What are rating agencies asking issuers
• Banks in the pandemic – rating actions and credit availability

Speakers
Richard Hunter, Global Head of Corporate Ratings, Fitch Ratings
Christian Scarafia, Head of Western European Banks, Fitch Ratings

Slides from this webinar are available to view in the Members area of the website

Presenter:  

Nicolas Christiaen CEO & Co-founder Cashforce

• Setting up a Cash flow forecasting process  
• Artificial Intelligence: AI-powered Cash forecasting
• Working Capital analytics
• Quick wins to handle the current crisis
• Case studies        

Go to the members area Members-only content to view slides from this webinar 

Speaker: Neil Gray, Regional Manager, Corporates Business – UK & Ireland, SWIFT

Topics discussed included:

(i) SWIFT for Corporates: enabling corporates to communicate with their multiple banking partners (e.g. for payments, treasury and cash management) through one single, standardised and secure channel

(ii) SWIFT Global Payment Initiative (GPI) for Corporates: improving the corporate-to-bank experience in the world of international payments and collections;

(iii) SWIFT Know Your Customer (KYC) for Corporates: helping corporates to simplify the maintenance and process of exchanging KYC data with banks via the cloud based SWIFT KYC registry platform

(iv) Alternative payment platforms using Application Programming Interface (API) and digital payments

(v) Case studies / best practice and discussion of use of payment/communication platforms for corporates

The Irish Association of Corporate Treasurers (IACT) and the Irish Tax Institute (ITI) co-hosted this tax update on Tuesday 3 March.

Speakers Harry Harrison & Fiona Carney of PwC, and Kevin Norton, Deloitte discussed:

• Hybrids – what treasurers need to know
• DAC 6 – what treasurers need to know
• Transfer Pricing – a practical perspective

VIEW PRESENTATIONS

Major consumer brands are increasingly creating online stores selling directly to their consumers.

J.P. Morgan speakers Sara Castelhano – MD, EMEA Head of Core Cash Management, and Brian Gaynor – Head of Product and Strategy, EU Merchant Services, discussed the key drivers behind this evolution, technology and emerging banking needs.

Steven Swientozielskyj, Immediate Past President CIMA, looked at the impact of the digital world on treasury activities and the skills required to embrace this change and the impact on companies and people.

Tram Anh Nguyen, Centre for Finance, Technology and Entrepreneurship, focused on how organizational transformation requires people transformation and the biggest challenges to this transformation. 

This was followed by a panel discussion chaired by Caroline Stockman, ACT CEO. Questions were posed from Dublin, New York and Edinburgh.  This was followed by a networking reception at each location.  The Dublin event was facilitated by Arthur Cox.

Dr. Loretta O’Sullivan, Group Chief Economist with Bank of Ireland, provided an outlook for the Irish economy in 2020 and the international environment including Brexit, trade tensions and the international tax landscape.  Loretta’s insight into consumer, business and investment confidence survey’s highlighted the positive outlook while also highlighting potential risks and constraints within the economy.