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British voters have voted decisively to leave the European Union, with markets reacting in predictable fashion. Badly.
Companies - both Western and Asian - are finding creative ways to make cross-border payments in the region more efficient.
A joint CT CBA poll examines the behaviour of corporate treasury departments throughout Asia-Pacific and finds dependence on counterparty ratings and local treasuries limited by central policy.
Stefan Jensen, project manager, at LVMH Moet Hennessy Louis Vuitton talks about the implementation of its global payments factory.
China’s easing of cross-border cash flows may, paradoxically, diminish the value of placing treasury teams in the country.
AkzoNobel is the forerunner in centralising payments. The company extended its ambitious project to Asia, with some creative twists.
Andrzej Wisniewski, SAP’s head of global finance shared service organisation in Singapore, on the future of SSCs.
The two major MNCs chose between decentralising or centralising their treasury functions, based on their specific business needs.