EuroFinance

Agenda

• Day 1
  • 08.45am

    Zoom session opens

  • 9am

    Introduction

  • 9.15am

    The Role of the Corporate Treasury

    • Organisation and structure of treasury in MNCs
      – Typical models
      – Treasury centres
      – Special purpose vehicles
      – Front, middle and back offices
      – Role of outsourcing
    • Cash and liquidity management
    • Risk management – interest rate and currency risk
    • Funding and investment
    • Corporate finance
  • 10.15am

    Cash and Liquidity Management

    • Bank accounts and their uses
      – Resident and non-resident bank accounts
      – Foreign currency bank accounts
      – External and internal bank accounts
      – When to use external bank accounts
    • Value dating and fees
    • Cash pooling:
      • Zero balancing
      • Notional pooling

    • Multilateral netting
    • Impact of the euro
  • 11am

    Refreshment break

  • 11.30am

    Group Exercise: Cash and Liquidity Management

    Participants will define an optimised cash and liquidity management structure for a multinational corporate.

  • 12pm

    The Day to Day Cash Management Routine

    • A Day in the Life
    • Meeting the deadlines
    • Establishing the daily cash position
    • Electronic Banking
• Day 2
  • 8.45

    Zoom session opens

  • 9am

    Day in the life continued Cash Flow Forecasting Reconciling to the cash forecast Impact on funding and investment

  • 9.45

    Case Study

  • 10.30

    Introduction to the Money Markets

    • Primary and Secondary markets
    • Disintermediation
    • The yield curve
    • How rates are quoted – discount, yield and day count conventions
  • 11.15

    Refreshment break

  • 12.45

    Participants will be set an overnight exercise to invest or borrow a portfolio of funds.

• Day 3
  • 8.45

    Zoom session opens

  • 9am

    Results of Exercise and Feedback and Discussion of Suggested Solution

  • 9.30am

    Introduction to Foreign Exchange Markets

    • What is foreign exchange?

    • • Transaction exposure
      • Translation exposure
      • Economic exposure

    • How the markets work
    • FX dealing conventions
  • 10.15

    The Main Instruments and How They are Priced

    • Spot
    • Forward
    • Swaps
  • 11.15

    Refreshment break

  • 11.45

    Group Exercise: Dealing in Markets Delegates will role-play market participants in a simulated dealing exercise

  • 12.30

    What is Financial Risk?

    • Foreign exchange risk
    • Interest rate risk
    • Credit risk
    • Business risk
    • Political risk
    • Impact of evolving accounting standards
• Day 4
  • 8.45

    Zoom session opens

  • 9am

    Treasury Systems

    • What is a treasury management system?
    • How can it help control risk in the corporate treasury?
    • Deal input, verification, authorisation
    • Link to electronic payment systems
    • Confirmation matching
    • Link to the accounting system
    • Links to market information systems
  • 10am

    Control in the Corporate Treasury

    • What are the key risks specific to Treasury?
    • What are the principles on which an effective control environment is based?
  • 11am

    Refreshment break

  • 11.30am

    Cybercrime, fraud and security

    • Definitions and scope
    • Our security landscape
    • Attack vectors and a few worrying findings
    • Where should we focus
    • What can we do
    • Treasury policies to protect your treasury
    • Insider threats
  • 12pm

    Treasury and  its value-added to the company Definition of added value and and the key elements Treasury can influencex Cost management Implications for support professionals

  • 12.30pm

    Q&A and course wrap-up