Companies in financial distress could find their debt restructured and even see their business palmed off to private equity firms if they continue to fail to meet bank obligations, according to Korea’s financial ...
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.
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.
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.
Vietnam is implementing a plan to improve and increase non-cash payments by 2020, which will make clearing and settlements, electronic payments, FX inter-bank markets more efficient, treasurers argue.
Corporate treasurers are becoming more open to working and investing into technology startups that can solve specific business issues. Flexible partnerships are now the order of the day, it seems.
Trafigura, Natixis, and IBM launch new blockchain ledger geared for crude oil trade finance. They say every party in the payment ecosystem will be able to access it and benefit from the technology
CFOs will be crucial to combating tax evasion, as the UK introduces a new law that affects any company globally with a touch point in the UK, lawyers say.
