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.
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.
Corporates looking to mask poor performance by purchasing an entity that owns investment property and placing a higher valuation in their accounts will see that 'unimaginative' technique ruled out.
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.
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.
As the Regional Comprehensive Economic Partnership moves towards a pan-regional economic agreement, a think tank pushes it to copy the TPP approach to rules of origin as time runs short before the trade bloc goes live.
