As the Philippine central bank seals its first deals under a new cross-border framework, doubts remain as to whether treasurers will benefit as banks struggle with ingrained differences between the region's markets.
An MNC can now enter hedging agreements in India, but it will have to process the instruments via a tri-partite agreement with an Indian bank, the MNC's Indian subsidiary and its own treasury function.
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.
Prime Minister Theresa May will put into motion the official process for Britain’s withdrawal from the EU on Wednesday, March 29. The pound will remain under pressure but won’t plummet again, experts predict.
The two countries will work together to make it easier for fintech companies to operate across borders, a move one expert says could help develop technology to support large companies' supply chains.
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.
A derivatives market targeting public stocks and government debt will be launched either in May or June as the Vietnamese government seeks to boost foreign investment.
Suppliers should consider offering dynamic discounts to give both themselves and their customers more options to manage working capital. This need not be conducted through traditional bank platforms delegates at CT ...