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.
The RBI amends rules to allow IBUs to offer various financial products. The changes mean companies won’t have to go abroad to access buyer credits, an expert says.
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.
The two countries will work together to make it easier for fintech companies to operate across borders, a move one expert says could help develop technology to support large companies' supply chains.
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.
Predicting black swans is almost impossible, but treasurers must understand and prepare for seismic change that will reshape their business, delegates at CTWeek said.
The recently ratified Trade Facilitation Agreement is intended to reduce the cost of trade 14.3% globally by improving customs procedures. It could inadvertently help cut painful compliance burdens, also.
The FASB removes a step from its goodwill impairment test amid concerns it makes the process too complex and expensive. Corporates with a lot of goodwill compared with fair value of reporting units could see nasty ...
Being seen to comply with myriad regulations has never been more vital, and CFOs can play a key role. A functioning whistleblower policy can help develop this culture