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By François MASQUELIER, Chair of ATEL*
ATEL is celebrating its 30th anniversary in October 2024 and, like corporate treasury, it has evolved considerably.
The treasury function has evolved considerably for several reasons: (1) financial crises have given rise to (2) numerous new and restrictive financial regulations, in parallel (3) with technological and IT developments, (4) in a context of globalization and standardization, such as EUR or ISO standards. Regulatory, legal, technological and tax aspects, as well as economic crises, have all contributed in their own way to the phenomenal development of corporate treasury. The need for efficiency and rationalization, combined with the reasons mentioned above, have forced treasurers to rethink...
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