BNP Paribas Cash Management Newsletter : COVID Special Editions
There is a near-continuous cycle of analysis of the fallout of the unprecedented crisis the world is currently facing and yet, both individuals and businesses are encountering new challenges every day.
BNP Paribas wants to support you by sharing insights on how to protect your treasury function during this crisis.
Here are the editions already sent:
PROTECTING EMPLOYEES, PROTECTING THE BUSINESS
Business continuity plans have been triggered worldwide, but many of these plans did not anticipate the global reach of COVID-19, or the personal anxieties that we would all face.
DEFENDING TREASURY AGAINST RISK OF FRAUD AND CYBER ATTACK
The pandemic is proving a lucrative opportunity for fraudsters, organised crime and hackers, with an increase in the number of fraud events and cyberattacks since the onset of the crisis.
MANAGING LIQUIDITY RISK
In a period of unparalleled uncertainty, treasurers have stepped up to help restore certainty and confidence in their organisations, and position their organisations for a ‘new normal’ ahead. Taking rapid steps to maintain liquidity across the business has been central to these efforts.
CASH FLOW FORECASTING IN UNCERTAIN TIMES
An EACT survey illustrated that for 55% of treasurers, cash flow forecasting will be their top priority over the next 12-24mo. This is not a new phenomenon spurred by the COVID-19 crisis but senior management focus on cash flow forecasts has never been more acute.
FX HEDGING IN VOLATILE MARKETS
In this fifth article, we consider the impact that the combination of constrained liquidity and FX volatility are having on the way that treasurers manage their FX risk.
MANAGING THE WORKING CAPITAL GAP
While restrictions are starting to ease in some countries, companies continue to manage and reflect on the immediate effects of the crisis, as well as looking ahead to what a new normal might look like, particularly in straitened economic conditions.
TREASURY INSIGHTS 2020
200 treasury professionals from across Europe shared their thoughts on treasury’s role and priorities as part of the EACT survey.
