As the European debt crisis casts a shadow over global economic growth and the outlook for the euro, companies continue to tweak their short-term investments. According to Treasury & Risk's 2012 Cash Management Survey, which was conducted prior to the SEC's cancellation of its vote on money market fund regulatory changes in late August, 29% of respondents say they've put in place a more restrictive investment policy over the last year, while 22% have tightened enforcement of their investment policy. And as the countdown begins to the February 2014 deadline for implementing the Single Euro Payments Area, 16% of companies with operations in the EU say they've adopted SEPA credit transfers and another 20% say they plan to within the next year, while 12% have adopted SEPA direct debits and 23% plan to do so.

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