The HKMA has moved to simplify procedures for opening a bank account, scrapping the need for address verification. But will it compromise the city’s fight against money laundering?
Experience might be the best teacher, but when it comes to new accounting standards everyone is in uncharted territory. CT asked Indonesia’s largest telco how it was managing the transition to IFRS15
Taiwanese SMEs lost an estimated $6.6 billion in TRF (targeted redemption forwards) after the renminbi’s devaluation in 2015. The question now is who will pay back this money?
As a leading light in cybersecurity, Deloitte was left with egg on its face when its email platform was hit by a cyberattack. Is it time for a whole new security architecture?
It’s said the secret to a good relationship is never having an opinion – and it seems the same applies to hedging. One of Hong Kong’s most successful funds tells CT how to get hedging right.
Singapore’s Global Fintech Hackcelerator is one of the most closely watched fintech awards in Asia Pacific. CT selects four finalists that have the most to offer corporate treasurers.
As Chinese outbound investment restrictions bite, HNA Group faces a know-your-customer meltdown. Is transparency the only option for China’s corporations?
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.