Oil and gas multinational may have changed the transfer pricing landscape for all time. Just because two companies have independent boards, a court decided, doesn’t mean it’s arm’s length.
The iconic Chinese conglomerate has developed an application that automatically files tax data to the authorities. Embracing technology rather fearing it is part of the philosophy, its CFO tells CT.
The regulator clarifies its relaxed rules on forwards settlement in FX and sets out several specific examples of financing needs for which treasurers can use such products to hedge.
Four months after CBRC’s brought in new rules on entrustment loans as part of a crackdown on shadow banking, a treasurer tells CT just how difficult it has been for liquidity-hungry corporates
In China, telecoms giant ZTE is on the front pages presented as a pawn in a larger political game, but the lessons of looking out for compliance apply to every corporate treasury in the region
If you want to see IFRS in action, look no further than the estimated $100bn Xiaomi mega-IPO. The Chinese tech giant's growth in value can look like accumulated losses depending on your accounting standard.
As cash-strapped banks offer high rates for long-term deposits, a wise treasurer tell CT he's sticking to one-month deposits. After all, rates can only go up as liquidity is squeezed further.
As Beijing finally acts to restrict controversial, opaque, risky wealth management products, CT looks at what the impact will be for corporate treasurers.
Some of the world’s top companies – also including Roche, GE and others – join Swift’s global payment initiative pilot. But whether other “Swift corporates” will be able to go GPI-active remains to be seen.
While today's technology makes it possible to process payments instantly, deep-rooted issues such as reconciliation, AML, compliance and FX seriously hamper banks’ abilities to evolve.