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.
Federal Reserve figures show that US firms hold $2.66 trillion in cash – $1 trillion more than usual. CT looks at what’s behind the dash for cash and why it's likely to continue.
New regulations have put the future of notional pooling in question. But Asia's capital controls mean treasurers at some multinationals still see it as key to handling trapped cash in the region.
For corporate treasurers already mired in the costly, slow and opaque world of cross-border payments, ether could offer a real solution: real-time, cost-free, “crypto-payments” with the need to buy cryptocurrency.
How does a US firm's Asia treasurer manage geopolitical risk, keep treasury functioning 24/7, and why is he scoping out a treasury management system. CT talks to Christopher Emslie.
The Belt and Road Initiative could dramatically benefit China Inc., but a lack of policy coordination, homework and cultural understanding will seriously dampen the effect, experts at CT’s China Outbound conference warn.