China's currency watchdog upgraded its rules on centralised cross-border fund management in March. Three months later, Delphi Technologies and Deutsche Bank had a cross-border pooling solution in place
Even for the smallest company, currency risk is always present. The options for treasurers are manifold, but good hedging practice starts with knowing your business.
From crude solutions such as extending payment terms to complex arrangements such as supply chain finance, treasurers must keep all plates spinning in working capital management.
Improving cash flow and working capital is one of a treasurer’s chief challenges - a Finnish industrial has turned to Standard Chartered and WeChat Pay for a solution
A China treasury specialist gives his take on one of the industry's burning issues: liquidity and cash management in a shifting technological landscape.