By adopting a new supplier-financing programme, the Chinese wind power generator is giving its suppliers the flexibility to get paid up to 270 days earlier.
Hong Kong Monetary Authority is making cybersecurity defence a mandatory rule for banks to implement. But where’s the mandatory rule for firms? Maybe treasurers should establish one.
Amid reports of cyberattacks designed to hack the user end of a Swift software interface, CT checks where risk and accountability align for firms in the event of cyberfraud.
The IMF has endorsed the renminbi as a freely usable currency, recognising China’s increased importance in the global financial market. The renminbi’s journey to attaining this status was never straightforward.
Bank Indonesia’s no-dollar rule for cash and non-cash domestic transactions is in effect, exposing some treasurers to more rupiah volatility. They are looking closely at the policy’s exemptions and grace measures to ...
The Reserve Bank of Australia has officially acknowledged digital currencies as part of its financial landscape, but will not impose any regulatory structure on them, for now.
China has decided to extend voluntary settlement of foreign exchange capital nationwide to make FX capital settlement easier for foreign-invested enterprises.
China’s new payment system will bolster capital flows on and offshore, providing a foundation for capital account convertibility, according to a HSBC top Asia cash and payments banker.