The RBI amends rules to allow IBUs to offer various financial products. The changes mean companies won’t have to go abroad to access buyer credits, an expert says.
The British engineering giant faces a huge bill over illicit payments to third parties in Asia and elsewhere. The case offers important lessons for CFOs in examining payments to third parties overseas.
Blockchain experts have a chance to help China develop an official digital currency. The move could hint at good news for treasurers on tax, capital control and trade.