+ VDT publishes guidelines on overall financial risk management + Recording and documents available for online event "Hedging instead of waiting" + Change in VDT representation at the EACT + Treasury Bulletin #4: Supporting members can now submit topic suggestions + Lively exchange at our regional meetings + Take part now: VDT WM tip 2026! +

+ VDT Symposium 2026 Asset Management + Review of the 2026 Finance Symposium + Episode 50 - Treasury Talk! + EU Benchmarks Regulation: four Asian spot FX benchmarks exempt + Recording and documents for online event "Deep Dive Financial Covenants" online + Take part now: VDT World Cup Tip 2026! +

+ Treasury Bulletin - Expertise from supporting members for practical use + Episode 49 - Treasury Talk! VDT Treasury® Mentoring - The mentoring programme for young professionals + Strong VDT presence at the EACT Summit 2026 + Ukraine loan and 20th sanctions package + Presence meeting of the Cryptocurrencies and Blockchain Working Group + EU tightens rules for third-country banks from 2027 + Recording and documents of the online event "Digital Credit Management as a Foundation" available + Take part now: VDT World Cup tip 2026! + Talking together - impressions from our regional meetings +

+ Changes to EU regulations on ESG reporting integrated into "Treasury and ESG" guidelines + Episode 48 - Treasury Talk! + Interested parties can take part in the consultation on changes to the VOP scheme + Hand in hand for success: financing and risk management in the spotlight at the VDT symposium + Eurosystem outlines future plan for payment transactions in Europe + Best Practice 2026: These are the topics that drive the Equity & Debt department +

+Treasury Bulletin" has been published + Recording and documents for VDT online event "Focus on creditworthiness analysis" online +

+ VDT symposium l NextGen Trade Finance - outlook for the morning + Recording and documents are online I Online event "Virtual accounts - three companies, three successful projects" + This is on the agenda for the Risk Department 2026 + VDT online event: "Verification of Payee - current status & outlook - part 2" + Episode 47 - Treasury Talk! Private equity and private debt as financing alternatives + What's on treasurers' minds right now? + Follow-up report VDT Regional Circles +

+ VDT symposium "Hand in Hand: How Financing and Risk Management Interlock" l few places still available + CSRD amendment directive published in the EU Official Journal + New thresholds for EMIR verification obligation adopted + VDT online event: "Verification of Payee - Current Status & Outlook - Part 2" +

+ VDT Cash & Liquidity department symposium: NextGen Trade Finance + New at VDT: Online FX experience exchange - space for your everyday questions + Online event "Financing large projects": Recording and documents are online + Impressions from our first regional meetings 2026 + Call to our members: get regionally active! + EACT Summit 2026 +

+ VDT online event: Virtual accounts - three companies, three successful projects + Participate now: Study on the digital switch + *LAST CALL* Verification of Payee: survey continues + Digital euro: VDT involved in ECB working group and "Risk Matters" workstream + Outtakes +

+ VDT symposium "NextGen Trade Finance - Foreign trade between regulation, AI and working capital" + VDT continues to actively support developments towards the digital euro + Episode 44 - Treasury Talk! How much treasury can AI do? A dialogue with ChatGPT + Verification of Payee: Survey continues - take part now! + VDT Summerschool Treasury® 2026 - Your commitment 2026 - Sponsoring package +

+ Survey Verification of Payee + Episode 42 - Treasury Talk! Five moments. One year. One community. + Do you have an innovative treasury idea? Get in touch with us! + Your opinion counts - take part in the EACT Treasury Survey 2026 now! + VDT Summerschool Treasury® 2026 - we are accepting registrations + New members in our treasury community +

+ VDT online event "Financing large projects: Targeted use of subsidies and consortia" + BaFin focusses on management reporting for balance sheet control in 2026 + Episode 41 - Treasury Talk! Payment transactions in transition: What retailers really need - and what banks need to deliver + Review of the 21st Structured FINANCE + Documents from the online event "Using funding smartly: From idea to implementation" available + Follow-up report on the VDT Regional Meeting Berlin on 01 December 2025 +

+ Welcome to the 21st Structured FINANCE + Guideline on "Treasury and ESG" updated + 25 years of VDT - We say thank you! + Survey on the FX management process and FX risk management strategy + EU Parliament wants to simplify sustainability reporting and due diligence obligations + Episode 40 - Treasury Talk! Can a treasury department develop its own app - without any IT expertise or external support? + VDT calls for innovative treasury ideas +

+ Survey: In which area of your FX management process + VDT breaks 2,000 mark + Recording and documents of the online event "Basel IV" available + Bank Lending Survey: Banks tighten credit conditions + Episode 39 - Treasury Talk! Translating corporate goals into capital investment + Study@VDT Treasury Days l HAW Kiel +

+ The end of the cheque is nigh + Omnibus package: EU Parliament votes against direct start of trilogue negotiations + EURIBOR fallbacks: where do we currently stand? + EU sanctions package no. 19 against Russia + Dutch pension reform: structural change with consequences for interest rate markets and asset allocation + Japan launches first regulated yen stablecoin +

+ VDT online event "Using subsidies smartly: From idea to implementation" + Episode 38 - Treasury Talk! Germany as an AI location: capital, expertise & regulation - how we are winning the race + Treasury Bulletin No. 2 is here! +

+ Second issue of Treasury Bulletin + Treausury Talk! The Podcast +

+ NEW at VDT: Exclusive seminar "Group financing" + Episode 35 - Treasury Talk! Format changeover to ISO 20022 - Part 3 + These are the opportunities offered by the research allowance + Annual working meeting of the Professional Profil & Qualification department + VDT Regional Meeting East with the first digital meeting +

+ Best practice: Credit rating for companies + Treasury Talk! - the podcast for treasurers + BaFin: Regulatory tolerance for VoP opt-out also for individual transfers in bulk files + Q&A 120a: EU Commission accepts treasurer's request for automated VoP processing +

+ Latest developments on Verification of Payee (VoP) + Welcome to VDT! + TreasuryConnect continues to develop - discussion forum ends on 1 September +

+ VDT career portal l New offer - more reach for your job adverts + VDT supports VoP and PSD3 + Focus on card fees: EU Commission responds to letter from treasurer associations +

+ TreasuryConnect is growing - and evolving + Banks are increasingly focussing on refinancing risks + European Commission simplifies taxonomy reporting + Sustainability reporting: Council of the EU publishes position on requirements + Recording of EACT online event "European Regulatory Radar" available +

+ New regional district structure in NRW - check your profile now l Your address book - now in TreasuryConnect + Follow-up report on the VDT Cash & Liquidity 2025 conference + Follow-up reports on the regional meetings in Stuttgart l Cologne Bonn l Rhine Main + Episode 33- Treasury Talk! Inside VDT - News from the association's specialist departments +

+ Episode 32 - Treasury Talk! Trump 2.0 and the consequences for Europe and Germany + VDT Regional Meeting Ruhr Area discusses current treasury topics + Episode 31 - Treasury Talk! Inside VDT - Expertise, current topics & voluntary work + + +

+ Successful meeting of VDT Young Professionals + Recording and documents are online l VDT online event "Australia and Oceania: Challenges from a treasury perspective" + Global Corporate Treasury Investment Survey 2025 +

+ Episode 30 - Treasury Talk! Data-driven Treasury - How data is changing financial management + Review of the 36th Finance Symposium + Online event "Fraud & Cybercrime": Recording and documents are online + Follow-up reports on the regional meetings North Bavaria l Ruhr area l South l Rhine Main +

+ Bafin President: Don't burden SMEs with excessive reporting obligations when it comes to sustainability + Another well-attended online get-together of VDT Young Professionals took place on 29 April 2025 +

+ VDT symposium "TreasurKI: Between hype and reality" + Digitisation of documentary foreign trade processing + Deadline for 2nd issue of Treasury Bulletin on 23 June +

+ EU Parliament approves postponement of CSRD and CSDDD + How treasury is weathering the current storm + DerTreasurer l Issue 1 / 2025: - Mentoring and treasury - how does it work? + Equity & Debt and Risk departments define focus topics for 2025 + US customs policy: companies are already feeling the nervousness of lenders +

+ Episode 27 - Treasury Talk! Do's and don'ts for treasurers in an M&A financing + Documents from the VDT symposium "Treasury im Sturm" online + First issue of the "Treasury Bulletin" published +

+ The first issue of our association's own trade journal "Treasury Bulletin" has been published + On our own behalf + Episode 25 - Treasury Talk! Uncertain times - economic outlook in view of the new elections + Episode 26 - Treasury Talk! Format changeover to ISO20022 + Latest articles on TreasuryConnect - take a look now! +

+ Guide to corporate financing published + Is Verification of Payee on your agenda? + Follow-up report on the VDT presence meeting of the crypto working group in February + Cash & Liquidity department meeting in Frankfurt am Main + Follow-up report on VDT regional meeting Cologne-Bonn +

+ Sustainability reporting for crypto assets: VDT working group discusses MiCAR implementation + Episode 24 - Treasury Talk! Risk-bearing capacity - the order of the day? + ESMA publishes survey results on the LEI + BGH ruling: impact on corporate treasury and banks + ESMA wants to significantly simplify securitisations +

+ Understanding artificial intelligence and using it sensibly in day-to-day treasury work + Recording and documents for online event "Rating vs. no rating" online + Possible consequences of the current Bund swaps spread tightening for corporate financing +

+ (Format) changes in payment transactions + How treasury is integrated into sustainability reporting + Discovering foreign markets with government help + TreasuryConnect, our digital network platform, is now available! + EACT ANNUAL SURVEY 2025 +

+ ESG data catalogue for large companies now also available in English and French + Early adopter or fast follower? Insights from 30 years of treasury + Reception for real-time transfers mandatory from today + Strict requirements for issuers of European green bonds +

+ EMIR 3.0 published in the Official Journal of the European Union + Use the updated VDT app now - always up-to-date, always at hand! + Treasury Talk! Treasury in SMEs + Documents for the VDT online event "Digital transformation in foreign trade processing - potentials and opportunities for treasurers" are online + Delivery Hero establishes new technology-supported investment strategy+

+ Pension De-Risking - reference to VDT publication by the Asset Management department in the dpn e-magazine + Cash & Liquidity department meeting in Frankfurt am Main + Treasury Talk - Treasury Recruiting in transition: Strategies against the shortage of skilled workers and secrets of success + BaFin does not immediately scrutinise sustainability reporting + Recording and documents of the online event "Covenants" online +

+ VDT updates guideline "Minimum requirements for corporate treasury" + This is what treasurers have to expect after US elections and coalition break + Documents for the VDT online event "Wero - The future of payments in Europe?" are online + Episode 20 - Treasury Talk! The classic trade bill +

+ Expertise from supporting members for practical use + Documents for the VDT online event "Treasury Emergency Plan" are online + World Payments Report 2025 + Episode 19 - Treasury Talk! What's up Supply Chain Finance +

+ Documents for the VDT symposium "Treasury 2024" are online + Bundesbank updates Basel III calculations + Economic situation and sustainable transformation challenge treasury + News from our website: Discover the new functions of MyVDT +

+ German banking industry calls for reform of the securitisation market + Quality of sustainability reports still varies greatly + Risk department focuses on CSRD and GenAI + Professional Profil & Qualification department meeting +

+ VDT podcasts "Treasury Talk!" now also available on Spotify, Amazon Music and Apple Podcasts + BaFin enables shorter processes for share prospectuses + Episode 17 - Treasury Talk! Eastern Europe: Challenges from a treasury perspective l Part 2 + Mandatory e-invoicing in the B2B sector from 2025 +

+ Options for reducing counterparty risks in short-term investments + News on the VDT career portal +

+ Options for reducing counterparty risks in short-term investments + News on the VDT career portal +

+ Best practice paper "AI in liquidity planning - how do I get started?" published + START VDT Summerschool Treasury® 2024 + EU Commission provides answers on the implementation of the Instant Payments Regulation + EU Benchmark Regulation comes under regulatory scrutiny + Face-to-face meeting of the VDT working group "AI in liquidity planning" +

+ VDT calls for innovative treasury ideas + New VDT working group focuses on the digitalisation of trade finance + Demand for corporate loans on the rise again + Treasury caught between EM euphoria and election uncertainty +

+ Association of German Treasurers publishes video on the definition of treasury + Successful strategy meeting in Frankfurt am Main + Sanctions package against Russia published in the EU Official Journal + Second face-to-face meeting of the Cash & Liquidity department + Episode 15 - Treasury Talk! Treasury and Insurance +

+ New offer for VDT supporting members + VDT article "Digital reporting in asset management" + Hedge accounting in accordance with IFRS 9 + Episode 14 - Treasury Talk! + Summary of the VDT Cash & Liquidity Conference: "The future is here - what's next?" + Germans are open to the digital euro +

+ BaFin updates banks' MaRisk + Episode 13 - Treasury Talk! + Through the looking glass: An insight into the Loan Market Association +

+ The Best Practice Paper - Cryptocurrencies in Treasury has been published + SEPA regulations + Follow-up report on the VDT crypto working group's exchange of experiences + Episode 12 - Treasury Talk! +

+ Part 9 of the interest rate risk management article series has been published + Episode 9 - Treasury Talk! Virtual accounts + Participation in our member survey - your opinion counts! + WeAreTreasury & Finance - Career - full focus on your vacancy +

+ VDT publishes guidelines on "Treasury and ESG" + Collection of articles on "Insurance in Treasury" + ESMA consultation on the "evaluation" of its proposals for amendments to the "Credit Rating Agencies Regulation framework" + SCF programmes still in demand +

+ Seven new workstreams to the ECB digital euro scheme Rulebook Development Group opened - application deadline 5 April 2024 + European Commission workshop on the implementation of the Instant Payments Regulation + Instant Payments implementation timetable set +

+ EU draft regulation on combating late payment + Presence meeting of the Equity & Debt department + Time travel at the Risk department meeting +

+ COUNCIL OF THE EUROPEAN UNION ADOPTS REGULATION ON INSTANT PAYMENTS + Preliminary political agreement on EMIR 3.0 + VDT Crypto Working Group meets in presence + Episode 7 - Treasury Talk! Crypto working group of the VDT e.V.+

+ EACT - Survey: Trends and Priorities in Treasury + Meeting of Regional Group Managers + LMA publishes revised Schuldschein Loan Agreements + Podcast Young Professional in Treasury +

++ Deutsche Bundesbank publishes study on the cash of the future ++ LkSG relevant for treasury on a case-by-case basis ++ Compact & animated - third information video - digitalisation of the risk management process ++

++ VDT online event "External rating - curse or blessing?" ++ EMIR Refit Reporting: Submit applications for exemption by the end of January ++ Podcast Episode 4 - "Exclusive insights into the details of the Wholesale CBDC" ++

++ Council reaches agreement to improve EU clearing services ++ BaFin focuses on management report for 2024 balance sheet audits ++ Podcast episode 3 - "Treasury life's work by Brigitta Kocherhans" ++ Presentation documents are online ++

+++ *NEW* Position paper: Definition of Treasury +++ EACT Summit 2024 +++ Face-to-face meeting of the Cash & Liquidity department in Frankfurt am Main +++ Your job advert in our newsletter +++ New LinkedIn group for young professionals

+++ Part 5 of the VDT article series "Treasury and Insurance" has been published +++ Follow-up report - VDT Treasury Day 2023 +++ Software for AI-based liquidity planning: What is important? +++ The official app - exclusively for VDT members +++ Are digital currencies the future +++

+++ SEPA format migration will not take place until 17 March 2024 +++ The ECB project on the digital euro continues +++ Recording and presentation documents are online l VDT online event "ISO 20022 is coming - DTAZV and MT940 are disappearing "+++

+++ News on the VDT career portal +++ VDT Young Professionals Stammtisch +++Recording and presentation documents are online l Online event "ESG derivatives in connection with ESG financing" +++

+++ Recording and presentation documents are online I Online event "Sustainable Finance: Supplier financing with ESG criteria" +++ Professional Profil & Qualification department meeting +++ Member survey on the topic of "Regulatory hotspots: EMIR threatens new trouble" +++ Reporting obligation for companies that import energy-intensive goods into the EU +++

+++ Regulatory focus: EMIR threatens new adversity +++ VDT Treasury Day 2023 (incl. general meeting) Conference l 08 November 2023 l Frankfurt +++ Risk department goes digital +++ VDT is looking for innovative treasury projects +++ 360-degree view of the supply chain finance programme topic

+++ Part 4 of the VDT article series "Treasury and insurance" has been published +++ VDT gives its assessment of the EU Commission's legislative proposal on the digital euro +++ News from the crypto world: developments at PayPal, SAP and Visa +++ Compact & animated - an information video on digitalisation in liquidity risk management

+++ Code of Conduct "Compliance" +++ VDT is looking for innovative treasury projects l Closing date: 18 September 2023 +++ VDT TRADE FINANCE seminar - early bird discount until 24.08.2023 +++

+++ VDT is looking for innovative treasury projects l Closing date: 18 September 2023 +++ BaFin publishes sustainable finance strategy +++ Banks price in climate risks in loans +++ CESOP Directive: No reporting obligation for intragroup payments +++ What the Asset Management department will be working on in the second half of 2023

+++ Basel IV: "credit crunch" is unlikely - but not ruled out +++ Syn Loan digital: Vetter concludes syndicated loan via platform for the first time +++ Corporate treasurers want cross-bank API standard +++ Follow-up report on the VDT symposium of the Asset Management and Cash & Liquidity departments +++ Second face-to-face meeting of the Cash & Liquidity department

+++ EU Commission presents draft legislation on the digital euro and PSD2 Payment Services Directive +++ De-risking of pension risks in Germany: hedge and pay - an article by the Asset Management working group on de-risking +++ Career portal 2023: Lively use in the first 6 months - popular adverts and growing reach +++ New "Accounting for financial instruments" seminars now bookable for 2024

+++ Part 3 of the VDT article series "Treasury and Insurance" has been published +++ Join the VDT ePayments working group of the Cash & Liquidity department +++ Recording and presentation documents are online l Online event "HOCHTIEF's path to the capital market" +++ Follow-up report VDT Stammtisch Young Professionals +++ New VDT Basisqualifizierung Treasury® course bookable in autumn 2024

+++ The move from IBORs to risk-free rates - where are we now? - an article by the Loan Market Association +++ Results of the EACT Survey 2023 +++ Part 8 of the interest rate risk management article series has been published

+++ Part 8 of the series of articles on interest rate risk management has been published +++ US dollar LIBOR ends on 30 June 2023 +++ Follow-up report on the VDT exchange of experiences "by treasurers for treasurers" of the cryptocurrency working group on 24 May 2023 +++ VDT@TH Nuremberg and HTW Berlin +++ Results of the EACT survey 2023 +++ EU regulation in payment transactions: EACT and national associations present the interests of corporates to the EU Commission

eBAM: Best practice guide published - New workstreams to the ECB digital euro scheme Rulebook Development Group opened - application deadline 22 May 2023 - Risk Working Group "Regulation" sends letter on EMIR to national authorities - Results of the EACT Survey 2023 - Review of the 34th Financial Symposium: Networking and inspiring workshops

Part 2 of the VDT article series "Treasury and Insurance" has been published - Follow-up report on the VDT symposium: The journey through the capital market is anything but easy - EACT Summit 2023 - Colourful bouquet of topics after department meeting Equity & Debt - EU draft on instant payments: VDT emphasises the need for the IBAN name check in retail payments

VDT committees appoint new EACT representative - Current article in DerTreasurer: "VDT gets involved in the digital euro"

Insurance in Treasury - ESG - EMIR - Sanctions package against Russia - Commodity Risk

Digital Euro Scheme Rulebook Development Group of the ECB - Insurance in Treasury - Cooperation Jobware

Audio discussion round Asset Management - PSD2 - Instant Payments

EU Commission prepares role backwards for EMIR

Exchange BdB/VDT - December 2022

Presentation Presidium l Executive Board l Service Office

Journeys to Treasury Report 2022 - 23

VDT Risk Department starts anniversary year with face-to-face event - VDT Digital Innovation Board review from 10 March 2022 - VDT exchange of experiences "by treasurers for treasurers" on the Ukraine war - Regional meeting North, 15 March 2022, 16:30, Hamburg - Article series "Interest rate risk management" - Interest rate risk and planning part 6

Fraudsters take advantage of the current Russia-Ukraine conflict - Have you heard about our regional meetings? - "Anniversary campaign Young Professional" - Article series "Interest rate risk management" - Interest rate risk and planning part 6

Commodity Risk Management - Price volatility and risk strategy in the company - Corona and the impact on treasury - 25 years of German association of Corporate Treasurer - VDT article series "Interest rate risk management" - Part 5 - VIDEO-CLIP: Digitalisation in liquidity risk management

Victim of a cybercrime incident - VDT Online Event - Results of the S/4HANA survey

Outlook Consequences of the Covid-19 pandemic - Emergence of an FX expert panel - Article series part 5 Interest rate risk management

Notes on drawing up an intragroup cash pool agreement - Outlook

IBAN discrimination - EBICS version 3.0 - Formats changes 2021 - Personalie VDT and CGI-MP

Group privilege - Payment Services Supervision Act

Corona and the impact on the Treasury

EURIBOR fallbacks - ECB publishes recommendations

Research report "The future networking of bank-based corporate financing in Germany with the international capital markets"

Results of the trade credit insurance survey

Communication from the FCA

The ECB will begin publishing average rates for short-term euro interest rates (€STR) on 15 April 2021

Publication ESMA

Corona and the impact on Treasury V - Interview on the Working Paper "Investigating the cross currency basis in EURUSD and EURGBP"

The Schuldschein market in the times of Corona

Consultations (EURIBOR)

Sustainability in financing - a categorisation of the relevant EU regulatory initiatives for treasurers

Anecdotes from treasury life I EU survey I EBA survey

Corona and the impact on Treasury IV

Payment Factory - digital signature - eCommerce - eBam- DAC 6

Cash and WCM - DAC6 - PEPPOL - Transparency register - VDT Innovation Award

Impact of the corona crisis on market liquidity and commercial paper - an assessment of the ESR

Consultation European Commission

Corona and the impact on Treasury III - Risk matrix - Benchmark Regulation review - EACT

Home Office - Treasury Speedboat Project - Consultations: Retail Payments, Digital Finance

Corona, impact on the treasury - fraudsters take advantage of the crisis

(Basel III implementation 30032020) Following last Friday's statement by the Governors of central banks that make up the Basel Committee on Banking Supervision (BCBS) to delay the full implementation schedule for the latest Basel III standard by 1 year

Corona and the impact on Treasury II

COVID-19 Daily Update on European Political Responses 26 June 2020

Corona and the impact on the Treasury

Innovation Award - Tax structures - ZAG

KYC - VDT Best Practices Paper - ISO - CoP

Successor to the EONIA - The €STR

What does the EMIR REFIT mean for us treasurers?

Effects of the transition from EONIA to €STR

New definition of reference interest rates - IASB cover letter - EONIA to €STR

Changes to the German ZV - SCT intended use - KYC, FinCEN - PEPPOL

Digital Schuldschein platforms - snapshot of SSD platforms

EMIR backloading no cause for great concern

BREXIT@Risk

BREXIT@Risk²

Changes in German payment transactions - FBAR Foreign Bank Account Reporting

BaFin confirms legal opinion on exemption from group privilege

Requirement of a licence according to the ZAG

ECM and DCM reviews - Equity & Debt department - Dates 2019

Digitalisation@Risk - New opportunities in risk management

Workshops - Dates

BAFIN I VDT in exchange on the ZAG leaflet

Equity & Debt - Green Bonds I SME Bonds I ECM I DCM

MIFID II Directive

Equity & Debt - Market analyses I ECM I Corporate bonds I Promissory note loans I Rules for securitisations I Alternative to syndicated loan agreements

BAFIN - KYC - Audit-proof account statements - Article series Cash Management

Changes to payment transactions - Instant Payment

Money Laundering - KYC - IBAN Discrimination - Instant Payments - Fraud Update

Crime scene Treasury - Money Transfer Regulation - Transparency Register

Risk Management - Guideline "Minimum Requirements for Corporate Treasury I Turkey I Commodities I Myths Hedging I Spotlight Regulation I EMIR I FTT I FinfraG I MMF I ECB

IBAN - EZB - EACT

Cash Liquidity - Fraud - GP2 - KYC - Negative interest rates

Cash Liquidity - Fraud - GP2 - KYC - Negative interest rates

Finance

Finance