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Risk consultants say the enormous scope and vague nature of the law, which kicks in today, mean MNCs will struggle to avoid falling foul of it.
The commodity specialist’s trade finance transaction marks the first agri-letter of credit into China using CargoDocs.
The Chinese firm had fewer than 180 days to put together the dollar liquidity to pay for GE’s home appliance business. Its trading head tells CT how it was done and why it now uses a specialist FX trading platform
Asia-based corporate treasurers and CFOs have no need to hit the panic button about a potential British exit from the European Union, experts say.
Surveys reveal treasurers are longing for an integrated platform for clearer visibility of liquidity and the ability to directly execute payments.