Microsoft’s group treasurer tells CT its role in a world first - a Swift payment on the cloud, a key step to lifting the software firm’s entire operations off-premise
Close-out netting derivatives get an update; Singapore to ‘ring-fence’ e-wallet deposits; MAS KYC plan ‘in a coma’; China’s new AML/CFT laws aimed at online FIs
Despite the advent of data and extraterritoriality, regulation is still a patchwork of regional fixes. When it comes to the crunch, whose laws should you obey?
The regulator says it’s getting serious about regulatory technology with plans to tackle issues ranging from money laundering to machine readable regulations.
Overshadowed by Brexit but no less impactful, the end of Libor is a big bang for contracts worth trillions. ISDA’s Anne Battle says treasurers need to shore up contract fallbacks sooner rather than later.
China squares up to bond villains; India allows foreign corporates to deal in commodity derivatives; MAS moves on enforcement; China, Singapore deepen fintech ties; Malaysia eases sukuk regulations.
Corporate treasurers and CFOs are backing a weaker renminbi in 2019, betting the People’s Bank of China will weaponise the currency to fight the escalating trade war.
US and Singapore agree to share fintech information; Singapore, HK combine multiple QR codes into one label; Indonesia to lower the ceiling on import duty exemption.
International trade sounds glamourous, but often entails enough paperwork to sink a battleship. CT speaks to Bolero which fixed the first electronic bill of lading for a Taiwanese shipper.
Events at Alibaba and JD.com have put the arcane but ubiquitous Chinese corporate legal structure in the news; how safe are they for foreign corporates and is change in the air?
