Welcome to the Treasurer's Wiki
The Treasurer’s Wiki is aimed at sharing knowledge and experience across the treasury community. We hope you will use it as a platform to share knowledge and provide useful tools to other likeminded people.
We acknowledge that to start with some of the entries are brief, but our aim was to create a wide variety of pages. We look forward to working with all the volunteer editors to build added depth and an extended coverage.
The Association of Corporate Treasurers (ACT) sets the benchmark for international treasury excellence. As the Chartered body for treasury, we lead the profession by delivering our internationally recognised suite of treasury qualifications, by defining standards and by championing continuing professional development. We are the authentic voice of the treasury profession representing the interests of the real economy and educating, supporting and leading the treasurers of today and tomorrow.
Having parts or aspects that are not equal or equivalent.
3. Risk management policy.
Responding with different speed, to a different extent, or both, depending on whether a target is currently being exceeded, or undershot.
- Ease promptly
- "... policy should react in an asymmetric fashion – if tightening is needed, it should be gradual; if easing is needed, it should occur promptly. And when the economy is soft, as it was early this year, it is better to err on the side of somewhat too much stimulus rather than too little."
- Michael Saunders, External Member of the Bank of England's Monetary Policy Committee (MPC), May 2020.
4. Fair and efficient markets - market abuse.
Referring to inequality in information between different market participants.
- Asymmetric encryption
- Asymmetric information
- Bank of England
- Downside risk
- Efficient market hypothesis