ACT Timeline

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2016

2015

2014

2013

  • The Treasurer's Wiki is launched in June.
  • ACT awarded a Royal Charter[1].
  • CPD scheme launched[2].
  • 'Ones to Watch' published highlighting young treasurers of the future.
  • BIS asks ACT to investigate barriers to developing a UK private placement market.

2012

  • Inaugural ACT Cash and Treasury Management conference in Hong Kong.
  • CertITM qualification embedded in the Sheffield Hallam Masters programme.
  • The Treasurer magazine relaunched[3].
  • ACT president appointed by BIS to Breedon group to review Finance for Business

2011

2010

2009

  • ACT invited by the Bank of England to chair a working group on Supply Chain Finance.

2008

  • New Certificate in International Treasury Management (CertITM) launched.
  • Students can opt to take individual certificate papers.

2007

  • New MCT programme launched.

2006

  • Modular exam system launched.
  • New Certificate in Financial Maths & Modelling (CertFMM) launched.
  • ACT Middle East established.

2005

  • 10,000th student enrolled.

2004

  • First Treasurers' Conference, attended by 400 treasury professionals.
  • ACT Technical Team succeeds in inclusion of essential rules on insider tading in the Market Abuse Directive.

2003

  • Resolution passed giving AMCTs the right to vote at members' meetings.
  • A Code of Standard Practices for Participants in the Credit Rating Process is published.

2002

  • E-learning programme for CertICM launched.
  • First tuition school run in Hong Kong for CertICM.
  • Policy and Technical team established - focus on IAS 39 and Payments Directive.

2001

  • Corporate membership introduced.

1999

  • Accelerated route to AMCT offered to CIMA.

1998

  • Experience route to Membership ceased. Entry becomes by exam only.

1997

  • The Certificate in Cash Management launched.
  • Associates recognised as members and designatory letters changed to AMCT.

1993

  • ACT (Technical) and ACT (Diploma) first examined.

1992

  • First European conference held in Brussels.

1989

  • ACT establishes its own Part I course to be called ACT (Technical), which later becomes the AMCT exam.
  • FSMD write the new Part II course; ACT (Diploma) which later becomes the MCT exam.

1988

  • First Director General - Gerald Leahy - appointed.

1986

  • ACT in action - first known record of ACT lobbying with effect as John Grout and Gareth Jones succeed in introducing 'permitted and exempt persons' to the Financial Services Bill 1986.

1985

  • First set of students presented with their certificates and prizes at Nomura House.

1984

  • ACT coat of arms and motto 'Prosperity through Stewardship' adopted.

1983

  • Professional Examinations correspondence course launched.
  • 36 students enrolled in the first year.
  • First Annual Dinner with 183 attendees.

1979

  • The Association of Corporate Treasurers is formed; inaugural meeting held at Plaisterers Hall
  • First issue of The Treasurer magazine published.

1978

  • Normal Tribble and Walter Woodford write 'ACT Now', setting out their ideas and a plan of action.

References