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Amongst a plethora of strategies, hedging using financial derivatives has emerged as a key tool to allay macro headwinds. Survey results suggest that 62% of treasurers feel that hedging is moderately to extremely important for them. Meanwhile, on average, one out of three treasurers mentioned that they will increase their notional hedge ratio (Notional amount/ underlying forecasted exposure) in 2022. Archeologists and volunteers participating in an archeological excavation or investigation are not eligible for a share in a reward. If the find does not count as treasure or no museum wants it
There were 1,071 reported treasure finds in total across England, Wales, and Northern Ireland in 2020, fewer than the 2019 figure of 1,303. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place. Of reported treasure finds 1,060 cases (81%) were object cases [footnote 3] and 243 finds (19%) were coin cases.This statistical release presents data on the number of reported treasure finds for 2020 and provisional figures for 2021 within England, Wales and Northern Ireland. A treasure find is when a single or group of items is discovered which contains at least one item that may [footnote 1] meet the legal definition of treasure. Data on the type of treasure and their final destinations of the finds in 2020 are broken down by county, period, and method of discovery. Figures for 2021 are provisional and are provided by county and region only. Estimates reported for participation in metal detecting are based on data collected in the 2021/22 Participation Survey.
Data presented on treasure finds are collected by the Department of Portable Antiquities & Treasure at the British Museum and recorded by the Portable Antiquities Scheme.Data for Scotland is collated under the Scottish Treasure Trove system available at: https://treasuretrovescotland.co.uk/reports-and-minutes/ ↩ The survey explores the end-to-end process of issuing a green bond and solicited treasurer's views on integrated sustainability and the potential to enhance growth and scale of the market.
The adoption of treasury management technologies in the cloud has increased since we conducted our survey last in 2019. Respondents also share how they have increased the adoption of APIs, automation, andvisualisation technologies to complement treasury management systems (compared to our last survey in 2019).While conducting the survey, we observed some companieswho were still dealing with impacts from the COVID-19 pandemic whereas otherorganisations considered the pandemic in the review-mirror and were now focused on new priorities and challenges. Sixty-eight percent of treasury practitioners report that cash management and forecasting is currently a priority for treasury at their organizations. Enhancing liquidity risk management is considered as the most critical mandate given to treasury departments by the board or the CFO, echoing previous survey trends. By committing to net-zero carbonisation targets, ESG was a key emerging theme in the last few years, and has now moved to the centre stage in 2022. 53% of treasurers said that they are in the implementation phase of firm level net zero commitments while 27% mentioned that they have already implemented it. Disclaimed/museum withdrawal cases are those cases where the Secretary of State disclaims title to the find prior to inquest because no museum is interested in acquiring the find or, following an inquest, the acquiring museum withdraws its interest. In both cases the find is returned to the finder or landowner. Title is a technical term, legally defined as the actual ownership of the property ↩
The UK region with the most finds for the 2021 provisional data was the South East of England with 265 treasure finds (25%). The UK county with the most finds for the 2021 provisional data was Norfolk with 86 treasure finds (8%). This figure has been amended from the provisional 2019 figure (1,311) reported in last year’s release as the number of finds had not yet been resolved at the time of publication ↩In 2021, by county, the largest number of treasure finds in England, Wales and Northern Ireland was Norfolk with 86 cases (8% of total finds). Similarly in 2020, the largest number of treasure finds in England, Wales and Northern Ireland was Norfolk with 104 cases (10% of total finds). were donated to museums (47 object cases, 12 coin cases) allowing them to be acquired by museums at no (or reduced) public cost It remains a good time to work in the treasury profession, and individuals can expect to see some interesting work and exciting opportunities to progress their career over the coming months and years. Disclaimed is a technical term, legally defined as a formal statement saying that you are not legally responsible for something. ↩ ↩ 2
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