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Association of Corporate Treasurers (Singapore)

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Updates

ACTS NTUC BFSU MoU

March 18, 2020 By Secretariat

We are Socially Responsible.

We will still go ahead with the ACTS x NTUC U Associate x BFSU MOU signing.

We will continue our journey conservatively behind closed doors with a few invited guests.

Do not worry, we will still share pictures and reports of the joyous event!

Meanwhile, stay safe and take care!

 

-Secretariat

Filed Under: Events Tagged With: acts, bfsu, covid19, mou, ntuc, u associates

ACTS Treasurers Asia Summit 2019 Highlights

March 3, 2020 By Secretariat

Dear Members,

Enjoy a clip of the Treasurers Asia Summit event video and subscribe to our YouTube channel for the occasional visual treats!

Do keep a lookout for news of our upcoming event on 27 March coming to your inbox soon.

In the meantime, stay safe and keep healthy!!

-Secretariat

Filed Under: Events Tagged With: act, acts, sg, singapore, tas2019

Budget 2020

February 24, 2020 By Secretariat

Dear Members,

DPM Heng Swee Kiat has mentioned in his Budget delivery that Singapore is

entering a new decade marked by tectonic shifts in our operating environment,

and major uncertainties.

And just as the economy is beginning to recover, COVID-19 outbreak hit us.

Two special packages with a total budget of SGD 5.6 billion was announced.

So, what are your thoughts about the announcement?

Tell us what you think and we will share them with the relevant bodies and agencies.

In the meantime, Keep Calm and Carry On Singapore!

 

Secretariat

Filed Under: Survey

Business Continuity Plan (BCP) Survey

February 19, 2020 By Secretariat

Dear Members,

We have compiled the survey findings.

Do contact us if you want a copy of the findings.

Stay safe and take care!

-Secretariat

Filed Under: Survey Findings Tagged With: acts, bcp, survey

New Year Greetings

January 10, 2020 By Secretariat

Dear all members, partners and friends of ACTS,

Happy New Year!

On behalf of the EXCO, I hope that you have had a rejuvenating break over the festive season and a wonderful year-end holiday with family and close ones.

While we usher in the new decade and look forward to the exciting year ahead, let us continue the work that we have done to bring ACTS closer with the Treasury community and the different stakeholders in the finance eco-system within Singapore and beyond.

Happy New Year. Wishing you a great 2020 ahead!

Encouraged, I am.

We are very appreciative by the many positive feedback that we have received for our inaugural ACTS Treasurers’ Asia Summit in October 2019. The EXCO and Secretariat thrived on our members’ and friends’ satisfaction!

That said, we do acknowledge that we have room for improvement. Even though, it was our first attempt at organising and running an event ourselves, it is never an excuse to not try and perfect our work. We humbly seek your understanding for our shortcomings.

We are thankful for our members’, sponsors’ and partners’ inputs and feedback. We have registered those helpful comments and we will try to implement the many constructive suggestions into our future events. Do bear with us, as it is impossible for us to arrive at a solution that fits and caters to each and every member – given that we have more than 200 members representing over 100 corporations amongst us. However, we sincerely hope that you will continue to share with us your thoughts and ideas. We are open to ideas – always.

ACTS Treasurers Asia Summit 2019

We are working hard.

The EXCO and the Secretariat continue to build on the good work that our previous Presidents have done; the goodwill that we have garnered; and the good standing that ACTS has built over the years.

2020 will be an exciting year for ACTS.

Last year, we announced our theme – Connect, Collaborate and Co-Create. This year, we will continue to connect while we strike up collaborations with the different stakeholders in the eco-system and explore the potential co-creations between ACTS and our partners.

ACTS – Voice of the Corporate Treasurers

ACTS is proud to be involved in MAS’s steering committee to Drive the Interest Rate Benchmark Transition from SGD Swap Offer Rate (SOR) to Singapore Overnight Rate Average (SORA). Myself, together with Edoardo Sirtori, we are representing ACTS in MAS’s SC-STS chaired by Mr Samuel Tsien (CEO, OCBC).

Corporate Treasurers is part of the wider Finance eco-system, and we have a stake and a voice in it. This is not the first time ACTS is being engaged by MAS, we have previously worked and contributed in other projects like FX Code of Conduct.

In due time, we will reach out to you for your inputs and feedback on the many issues and uncertainty revolving around the impending change of interest rates benchmarks. ACTS serves as the voice of the corporate treasurer community.

Training & Development

We are finalising the finer details of a few exciting initiatives, and we do hope to announce them by the end of Q1 2020. The well-being of the Treasury professional, training and development are of paramount importance to each and everyone of us. We have heard your feedback over the years for training and development for the members. At this moment, we are striving to strike up a partnership with one of the leading institutions of higher learning to address this. We believe in lifelong learning and future proofing our members’ careers.

ACTS continues to build.

ESG

We might be Treasurers and Finance professionals, we are not only stewards of our organisations financial wealth but also current safekeepers of Mother Earth for our future generations. Environmental responsibility, Sustainability and Governance (ESG) are equally important areas of any corporation and professional individual.

ACTS will attempt to lead in driving ESG initiatives amongst our membership, and rope in the different stakeholders to at least raise the awareness of the pressing needs to address ESG topics and issues. Hopefully, we will be able to bring about a change in the corporate environment and sustain this initiative.

Pari Passu Relationships

ACTS believes in equality and we will endeavour to maintain an equal and open relationship with our friends and partners.  Many of us have responsibilities that stretches beyond the shores of Singapore, and many of us are affected by what is happening globally. We will continue to strike up partnerships and MOUs with the right counterparties.

ACTS: Meaningful relationships with the eco-systems.

Once again, I thank you for your support and contributions towards ACTS. Let us continue this exciting journey in 2020 and beyond together.

On behalf of,
Goh Seng Ti
President
Association of Corporate Treasurers (Singapore)

Filed Under: Greetings

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ACTS, Association of Corporate Treasurers (Singapore) is a non-profit organisation of individual memberships drawn from corporate treasurers and finance professionals involved in corporate treasury work.

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