Partnering with a fintech company can clearly benefit your treasury operations; but if banks fret about risks associated with new technology, so should corporate treasurers. The right due diligence is essential.
Corporates looking to mask poor performance by purchasing an entity that owns investment property and placing a higher valuation in their accounts will see that 'unimaginative' technique ruled out.
The US will be given the time it needs to settle its position before Basel III rules are finalised, a Deutsche Bundesbank official says. Meanwhile in Asia, the rules' effects are already being felt by CFOs.
A former Guangdong Securities managing director is banned for nine months following failures related to third-party payments – the latest target of an SFC crackdown on AML and KYC compliance.
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.
Being seen to comply with myriad regulations has never been more vital, and CFOs can play a key role. A functioning whistleblower policy can help develop this culture