TMA of Chicago

Contact:	Gary Silha
Company:	Tenneco Inc.
Address:
Phone:	847-482-5081
Fax:
email:	gsilha@tenneco.com
Website:	www.tmachicago.org

Should Treasury Lead ERM? Practitioners Weigh Pros and ConsLast week at the CTC Corporate Treasurers Forum a question arose: Should treasurers lead the enterprise risk management function instead of the internal audit group? Not surprisingly, a spirited debate followed.
AFP EconWatch - May 20, 2013 AFP EconWatch - May 20, 2013 Staff Writers 2013-05-20 The first three months of 2013 were not kind to the manufacturing sector and, according to a report released by the Federal Reserve last week, neither was April. Read the newsletter. Subscribe to EconWatch and other AFP Newsle
Treasurers to Benefit as Visa Europe Cuts Cross-Border FeesEuropean treasurers are poised to save a substantial amount of money on cross-border credit card transactions for their companies now that Visa Europe has announced it is reducing interbank fees for these payments.
May 2013 Payments NewslettersThis month, we bring you all of our exclusive coverage of the recent NACHA Payments conference in San Diego. We hear from retail corporate treasurers on the complications of implementing EMV in the U.S. Many retailers are unconvinced that such expensive upgrades are truly effective or necessary. Corporate treasurers also weigh in on electronic remittance standards, healthcare payments, fraud and more. Also, AFP and Aite Group release a new Payments Decision Guide on acquirer relationships, a eurozone payments expert discusses why the SEPA Direct Debit could cause some corporates to miss next yearís deadline, and more.
Members of Congress Urge SEC to Act on Rating Agency ReformThe SEC held a roundtable May 14 to discuss a new system wherein an independent board would randomly assign initial ratings to nationally recognized statistical rating organizations (NRSROs). Needless to say, the concept generated many opinions.

TMA of Chicago

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