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
News that one of the world’s biggest banks – JP Morgan – has moved into digital currency may have sent a ripple through corporates, but treasurers will have to wait to use it
In terms of accounting standard changes, IFRS 16 represents something of a big bang. However, a new survey shows corporates in Asia are behind in implementation
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
Trade financing – where financial institutions provide credit facilities to guarantee exchange of goods – is long overdue a blockchain overhaul. Standard Chartered and Siemens believe they’ve made the first step.
US enforcement action this year resulted in a $280m settlement and provides a textbook case in everything your compliance officer needs to know about anti-bribery programmes.
When it comes to monitoring and assessing fourth parties, almost 80% of organisations rely on their third parties. Is it good enough? CT looks at the challenges for treasuries.
He who doesn’t risk never gets to drink champagne, goes an old Russian proverb. But could you be offering Moet when the board would be just as happy with ginger ale?