A hierarchical culture makes it easier for companies to cook the books, but will they always be one step ahead of the short sellers? This series looks at how fraud works in Asia
CT takes a look at Cathay Pacific’s 2017 annual report to see how its treasury is dealing with its fuel hedging strategy and how new accounting practices affect the airline.
While today's technology makes it possible to process payments instantly, deep-rooted issues such as reconciliation, AML, compliance and FX seriously hamper banks’ abilities to evolve.