TAPA: The role of an effective treasury function in business risk management

June 2019 News

The South African branch of TAPA (Transported Asset Protection Association) will be holding its annual conference at Emperor’s Palace, Gauteng on 26 July 2019. The theme of this year’s event is “A Layered Security Approach to Cargo Protection” and will feature a cross-section of speakers who are respected specialists in their particular fields.

In this, the first of our previews for the TAPA 2019 conference presentations, we feature Neil Le Roux, the Founder of Diligent Advisors, an authorised financial service provider founded in 2012 that assists clients to effectively manage their currency and interest rate risk.

“While the conference theme (‘A layered approach to cargo security’) may sound narrow, business continuity is as much a risk to the security of your assets as any,” Le Roux states. “Throughout the TAPA FSR and TSR statements, it deals with risk analyses that need to be performed. Similarly, business risk analyses need to be performed around the prevalent market risks that may affect cash flow security.

“These analyses and the resulting policies and procedures need to be formalised and driven at board level, because similar to other TAPA prescriptions, an effective treasury function does not happen by accident, but is rather a product of meticulous and diligent planning by knowledgeable and experienced personnel.”

Le Roux gained international exposure with Credit Suisse, initially in London and later New York and Singapore. He returned to South Africa in 2009 and joined ABSA Capital in Structured FX Sales, servicing a broad spectrum of clients across industries. During the years specialising in foreign exchange he has developed an in-depth knowledge of identifying and managing market risks. This, combined with his insight into the operational aspects of financial institutions, puts him in a unique position to evaluate the appropriateness of various hedging instruments and internal protocols that are available to mitigate the risks facing local corporations.

To register for the TAPA 2019 conference visit www.securitysa.com/ex/TAPA/index.html



Credit(s)




Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Consumer robotics is a market in transition
September 2019 , Home Security, News
ABI Research says smart home integration will drive consumer robot shipments into the home to the tune of 39 million units per year by 2024.

Read more...
Distributed architecture lowers TCO, increases scalability
September 2019, Technews Publishing , CCTV, Surveillance & Remote Monitoring, Transport (Industry)
Faced with a number of security challenges and planned future expansion, a major airport decided it was time to implement a scalable security surveillance solution.

Read more...
From the editor's desk: More things change
September 2019, Technews Publishing , News
Welcome to the CCTV Handbook 2019. This year’s handbook breaks a long tradition of publishing the handbook in the first half of the year by releasing it along with the October issue of Hi-Tech Security ...

Read more...
A platform approach to innovation and value
September 2019, Technews Publishing , Editor's Choice, CCTV, Surveillance & Remote Monitoring, Integrated Solutions, IT infrastructure
Moving to the platform model of doing business holds tremendous advantages for end users and smaller developers, but also for the whole technology supply chain.

Read more...
Open does not always mean easy integration
September 2019, VERACITECH, Technews Publishing , Editor's Choice, CCTV, Surveillance & Remote Monitoring, Integrated Solutions
Customers who opt for best-of-breed solutions will have to rely on their integrators to develop customised integrated solutions for them.

Read more...
The impact of AI on the surveillance industry
September 2019, G4S South Africa, Hikvision South Africa, Myertal Tactical Security, Technews Publishing , Editor's Choice, CCTV, Surveillance & Remote Monitoring
What the impact of AI will be on companies, the services and solutions they supply, as well as on the jobs people do.

Read more...
Video analytics and AI
September 2019, Axis Communications SA, Dallmeier Electronic Southern Africa , Hikvision South Africa, Technews Publishing, Dahua Technology South Africa , Editor's Choice, CCTV, Surveillance & Remote Monitoring, Integrated Solutions
Artificial intelligence has the potential to deliver real benefits in the world of video analytics and many companies are already delivering customer benefits.

Read more...
Integration insights
September 2019, Gijima Electronic and Security Systems (GESS), Technews Publishing, neaMetrics , Integrated Solutions
The security industry would be a vastly different place if installers and integrators were not able to make a range of different products work together.

Read more...
Taking analogue to HD
September 2019, Dahua Technology South Africa, Technews Publishing, Hikvision South Africa , CCTV, Surveillance & Remote Monitoring
Hi-Tech Security Solutions spoke to two companies that are driving the two primary analogue HD technologies.

Read more...
Security surveillance architecture
September 2019, Technews Publishing , Editor's Choice, CCTV, Surveillance & Remote Monitoring
IP video surveillance solutions typically have two distinctive surveillance architectures: centralised and distributed. Dean Coleman explains the difference.

Read more...