In managing a world of suppliers, the Australian conglomerate has a platform that allows it to play its banks like it’s conducting an orchestra. Group treasurer Cliff Allison explains.
Having just completed a bank guarantee via blockchain, the CFO of the company behind Australia's Westfield malls tells CT what’s needed to get the distributed ledger into the mainstream.
Days left to respond to RBI's MNC FX derivatives plans; China to take hold of shadow banking OTC market: IFRS mulls financial statement changes... and more.
Blockchain's first trade financing between two banks saved its customer days on paper processing, as an LC was transferred between the Commonwealth Bank of Australia and Wells Fargo.
*Safe lifts time restrictions on converting renminbi
*Malaysia and Australia combine for fintech
*Malaysia introduces new method for USD/MYR spot fixing
*FASB announces accounting rule update