Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.
Treasurers have a duty to keep tax costs down—and often use complicated structures to do so—but where do they draw the line? A fresh report reveals the common structures used by aged care providers to reduce tax.
While today's technology makes it possible to process payments instantly, deep-rooted issues such as reconciliation, AML, compliance and FX seriously hamper banks’ abilities to evolve.