As Asia’s economies grow, a business intelligence firm warns that a growing disconnect between distant headquarters and local offices could lead to an increase in fraud as internal audit teams fail to meet the mark.
The Indian FMCG is working with the State Bank of India to provide non-recourse working capital financing for key distributors in India. CT explains how.
Days left to respond to RBI's MNC FX derivatives plans; China to take hold of shadow banking OTC market: IFRS mulls financial statement changes... and more.
The US lender is looking to increase its wallet share among Asia-based multinational corporate clients. Munir Nanji, Asia sales head for treasury and trade solutions at Citi, tells CT how.
The Reserve Bank of India has further pushed its plan to get the whole country’s payment and settlement system onto an electronic platform. But the plan, called Vision 2018, does not oblige companies to comply.
