Partnering with a fintech company can clearly benefit your treasury operations; but if banks fret about risks associated with new technology, so should corporate treasurers. The right due diligence is essential.
Corporates looking to mask poor performance by purchasing an entity that owns investment property and placing a higher valuation in their accounts will see that 'unimaginative' technique ruled out.
The US will be given the time it needs to settle its position before Basel III rules are finalised, a Deutsche Bundesbank official says. Meanwhile in Asia, the rules' effects are already being felt by CFOs.
Predicting black swans is almost impossible, but treasurers must understand and prepare for seismic change that will reshape their business, delegates at CTWeek said.
The recently ratified Trade Facilitation Agreement is intended to reduce the cost of trade 14.3% globally by improving customs procedures. It could inadvertently help cut painful compliance burdens, also.