The UKTreasurers’ Conference held in Brighton last month will be the last such event jointly run by The Association of Corporate Treasurers and EuroFinance Conferences. After a three-year joint venture, the ACT and EFC have announced plans for separate UK conferences in Spring 2004. A team of in-house event organisers who currently manage the ACT’s annual dinner and other events will run the ACT conference. The date and venue will be announced in June. EuroFinance plans to run a separate conference in association with Treasury Today magazine. Entitled ‘Treasury Today In The UK’, the event is scheduled for Brighton, May 18-19. Commenting on the ACT’s decision, chief executive Richard Raeburn, said, ‘We looked carefully at the value-adding process and came to the conclusion that we would not seek to extend the agreement.’ Asked to describe the association’s 2004 conference, Raeburn added, ‘We are entirely driven by the value of the programme to those attending. Everything else is ancillary to ensuring that delegates who attend our events get the maximum professional value.’ A statement issued on behalf of Caroline Bond, MD of EuroFinance, said: ‘Caroline feels it is a great shame that the ACT has decided not to work with EuroFinance on the UKT post-2003, having jointly created the successful event it is today. She also believes the market did not want this split as it puts ACT members, the event sponsors and exhibitors in a difficult position. The market will have a problem sustaining two events: both organisations and the market will end up as losers. However, EuroFinance is the originator and world leader in cash and treasury events and will continue to do what it does best.’
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