The Reserve Bank of India has released futher guidelines around hedging, this time simplifying hedges under US$30 million in a move to improve access for SMEs.
As the Regional Comprehensive Economic Partnership moves towards a pan-regional economic agreement, a think tank pushes it to copy the TPP approach to rules of origin as time runs short before the trade bloc goes live.
The heir to the throne of Samsung Group has been charged with bribery and embezzlement. Let’s pause to remember that treasurers and CFOs must have the conviction to stand up to any illicit financial behaviour.
The former pariah state hopes to boost its economy by giving foreign banks scope to lend to exporters. Bankers say the development would aid MNCs in the country, but need clarity from the government.
M&A deals will be subject to greater public participation and scrutiny if India’s securities regulator gets its way. In short, CFOs will need to better engage all shareholders on such matters.
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.
Global body for securities regulators say local market participants may stop dealing with entities considered 'US persons' in swaps market as complex rules kick in. One treasurer says the shift has already begun.
India's central bank proposes change to rules that force subsidiaries to settle their own hedging transactions, a move that would cut costs and improve efficiency for MNCs.