Being seen to comply with myriad regulations has never been more vital, and CFOs can play a key role. A functioning whistleblower policy can help develop this culture
The British engineering giant faces a huge bill over illicit payments to third parties in Asia and elsewhere. The case offers important lessons for CFOs in examining payments to third parties overseas.
Global body for securities regulators say local market participants may stop dealing with entities considered 'US persons' in swaps market as complex rules kick in. One treasurer says the shift has already begun.
Since the central bank dramatically changed the way it values the dong, treasurers have been warned to become proactive about monitoring and managing new risks associated with it.