Stuck payments are the bane of the treasurer’s life, sometimes taking weeks to resolve. Chong Hing Bank spoke to CT about why it’s using J.P. Morgan’s blockchain network
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.
With as many as 700 companies – including multinationals – paying no Australian tax at the end of 2017, the government announces tighter laws around foreign trusts.
A platoon of personal shoppers are offering a new option for corporates looking to build their presence in China. But selling via so-called daigou raises several treasury challenges.
After years of debate, HK considers a reform that would allow transfers of losses among subsidiaries. In Beijing, it seems even further away, but there are ways to pay less tax.
From today Chinese financial institutions no longer have to set aside 20 per cent of the value of dollar purchases. For treasurers, that means lower costs and an opportunity to hedge.
International payment network Swift has a long record but blockchain-based upstarts such as Ripple are nipping at its heels. Here, insiders from Swift and Ripple go head to head.