As policy makers begin to roll back almost a decade of cross-border cooperation in Asia Pacific regulation, corporate treasurers will need a fragmented approach
HSBC and BNP Paribas are behind a blockchain-enabled letter of credit for a bulk shipment of iron ore between Australia and China, cutting a two-day process down to two hours
China Huadian — one of China’s five largest state-owned power generation enterprises —could be the first beneficiary of Hong Kong’s generous bond grant scheme.
Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.
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.