ACT Timeline

2024

• Award in International Cash Management new syllabus issued.

2023

• Annette Spencer appointed Chief Executive of the ACT in September.

2022

• Total views of the Treasurer's Wiki exceed 42 million.

2019

• Advanced Diploma in Treasury Management launched, replacing the MCT qualification.
• The ACT's website is re-launched, enhancing accessibility and navigation.

2018

• Total views of the Treasurer's Wiki exceed 23 million.

2017

• First successful CertBALM® students receive their UK Asset and Liability Management Association (ALMA) ACT-accredited qualification.

2016

• New home of ACT learning is launched - the ACT Learning Academy.
• Inaugrual Africa conference held in Nairobi, Kenya - Engaging with the human in 'human capital'.
• ACT LinkedIn group exceeds 10,000 members.
• Revised version of Certificate in International Cash Management (CertICM) launched: New CertICM syllabus.
• New route to becoming an AMCT member launched for more experienced treasurers: Accreditation of Prior Experiential Learning (APEL).
• New e-learning series First Steps in Treasury launched.
• New Award in Cash Management Fundamentals launched.
• ACT accredits UK Asset & Liability Management Association (ALMA)'s new CertBALM® qualification: ALMA launches new benchmark ACT-accredited qualification.

2015

• New member service, the ACT career hub is launched, providing an online gateway to a host of information, tools and advice to support treasury professionals' career development.
• ACT's qualification structure revised against the ACT Competency Framework is launched, including the Certificate in Treasury Fundamentals, Certificate in Treasury and Diploma in Treasury Management.
• The Treasurer's Handbook wiki edition is launched.

2014

• The ACT Competency Framework is launched, identifying and mapping the behavioural, business and technical skills needed for different treasury job levels, rising from junior ('tactical') to the most senior ('strategic').

2013

• The Treasurer's Wiki is launched in June.
• ACT awarded a Royal Charter.
• CPD scheme launched.
• '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.
• ACT president appointed by BIS to Breedon group to review Finance for Business.

2011

• ACT launches on X, formerly known as Twitter and Facebook.

2010

• ACT Middle East Linkedin group established.
• Ownership of the ACT Linkedin group donated to the ACT by Xinkai Chen AMCT.

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.
• ACT Middle East established.

2007

• New MCT programme launched.

2006

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

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 trading in the Market Abuse Directive.

2003

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

2002

• E-learning programme for Certificate in International Cash Management (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

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

See also

• Association of Corporate Treasurers