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?
US enforcement action this year resulted in a $280m settlement and provides a textbook case in everything your compliance officer needs to know about anti-bribery programmes.
As a Hong Kong's regulator slaps a HK$5 million fine on a bank that breached money laundering regulations, CT looks at the work being done behind the scenes to improve KYC technology.
Instead of putting out fires when they arise, IBM has come up with an analytical tool that can help treasurers spot emerging risks. The company is already deploying it in the Philippines.