Accounts Payables / ReceivablesAutomation and connectivityBanking and service providersBig dataCapital marketsCentralisationClearing and settlementCounterpartyCredit and CommoditiesCredit facilitiesDeposit management / InvestmentDigital and Mobile bankingForecastingForeign exchangeIn-house bankingInsuranceInterest ratesLiquidity and cash flowPayment cardsShared service centresStraight-through processingStrategySupply chain managementSystemsTrade financeTreasurers and CFOs
Treasurers tell CT what a return to the reserve requirement on forward trading – which puts the brakes on renminbi-US dollar forwards – will mean for their operations.
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?
Suspicion of fraud at a Chinese company is not the same as fraud, cautions Andrew Leung. For added peace of mind, study your business partner's books and, if necessary, pay a visit.