International Treasury Management and Corporate Finance - Advanced

• Background in finance or account
• For the advanced Excel workshop, a preliminary (good) knowledge in Excel is required
• And/or have already completed the course " International Treasury Management and Corporate Finance - Fundamentals "

The treasurer is the custodian of the company's daily liquidity and financial risks. He manages, anticipates, secures and help optimize cash flows by ensuring that financial needs are covered and appropriate instruments are used, as well as take necessary measures to mitigate financial risks.

At the end of this programme, the participant will be able to:

• assist the treasurer of large corporates directly and practically
• take over treasury responsibilities in a SME The various modules will allow to acquire an in-depth knowledge of the different areas of the “Corporate Treasurer” profession.

Module 1: Strategic Treasury Leadership and Stakeholder Management Speaker: Benjamin Defays  Senior Associate Vice President

• Understand and create a Strategic Treasury Vision and Roadmap to align with business objectives
• Identifying Stakeholder for an effective Engagement and build a strong Relationship Management
• Change Management in Treasury Transformation Projects : case studies  of successful treasury transformation projects.

Module 2 : Financial Maths in Excel (Focus on treasury & corporate finance)   Speaker: Hugues Pirotte / Professor of Finance at Solvay Brussels School

• Focus on treasury & corporate finance
• Time value of money
• Vocabulary
• Compounding intervals
• Discount and annuity factors Module 3 : Payments, Cash Management and Banking Relations - Advanced Speaker François De Witte / Treasury Consultant
• Recent trends in payments.
• Liquidity management - Basic concepts.
• Cash-Flow forecasting - Advanced topics
• Treasury organisation - In house bank and payment factory
• Treasury technology - TMS
• Hot topics on banking relations - RFP and implementation.
• Challenges of the banks and impact on the banking relations
• Open banking - Opportunities for corporates.

Module 4 : Trade Finance - Advanced Speaker: Benjamin Defays / Senior Associate Vice President

• General context
• Cultural aspects
• Why trade finance in treasury
• Type of instruments
• Bank guarantees
• Bürgschaft
• Surety bonds
• Letters of credit
• Cash against documents
• Forfeiting
• Factoring & reverse factoring
• Alternatives
• Cash-in-advance
• Corporate guarantees
• Disruptive technologies

Module 5: Practical Aspects of International Finance Regulation Speaker: Lievin Tshikali
With the successive financial crises, serious concerns have naturally been raised in the population, forcing G24 governments and international organisations to build an incredible set of laws to “better” regulate/monitor the activities of banks and other financial institutions. This module provides an overview of international finance regulation. It considers some regulatory and practical issues affecting transnational financial transactions undertaken by global investment and corporate banks.

• International financial crises
• Evolution of the international banking supervision
• Functioning of capital markets
• Governance - Internal control framework
• Anti bribery / Whistle-blower policies
• Overview of AML/CFT regulations
  • Tax evasion - FATCA-CRS regulations
  • Notion of ultimate beneficiary owners
  • Politically exposed persons
  • Market abuse regulations
*
• MIFID principles
• GDPR principles
• International sanctions regimes

Module 6 : Risk Management Applied to Treasury - Advanced Speaker: François Masquelier / CEO

• FX, interests
• Counter-parties
• Others (reputation, etc…)
• Objectives of hedge accounting
• Required documentation and formalisation of hedge accounting relationships
• Different types of hedges (fair value, cash flow, net investment)
• Booking adjustments of different hedge types
• Typical examples of different hedge types

Module 7 : Transfer pricing strategies for intercompany transactions, Asset Management and TMS live demo Speaker: François Masquelier / CEO

• New technologies
  • Blockchain, crypto-currencies, smart contracts
• Treasury Console (Bloomberg, Thomson Reuters)
• TMS, Financial Technology
*

Module 8 :  New e-payment methods & Emerging trends in treasury innovation and fintech solutions
Speaker François De Witte / Treasury Consultant
Overview Recent Regulations Affecting Payments
New e-payment methods for corporates:

• Digital wallets
• Request to Pay
• P2P payments
• Open Banking Payments
• Buy Now Pay Later
• Cryptocurrency payments  & CBCDs

Emerging trends in treasury innovation and fintech solutions:

• Big data analytics in treasury
• Blockchain applications in treasury
• Artificial Intelligence integration
• Fintech solutions
• Open finance.
• Embedded finance
• Fintech testimonial: to be confirmed.
• Expected future trends.