It can be red faces all round when it comes to debt financing without a healthy dose of ESG. Even in cost-sensitive emerging markets sustainable finance is going mainstream.
For the UK, it was hailed as an historic triumph, reaching an 11th hour agreement after years of hard negotiating. For Asia’s treasurers, however, ‘no deal’ is still the only deal.
There can be little doubt that sustainability is now driving the style and substance of corporate governance. A new KPMG report quantifies exactly how much it has grown.
Mitigating systemic risks when LIBOR expires is all about fallback clauses and the International Swaps and Derivatives Association is taking further steps to firm up the post-IBOR world.
It's likely you've got plenty on your plate at the moment, so Swift's decision to delay the implementation of the new industry standard for cross-border payments is coming as a relief