Beneficial ownership, it seems, is in the eye of the beholder. With jurisdictions making their own rules, they're set to become as complex as sanctions, a banker argues
A treasury recruiter spoke to CT about the demographic shifts in Asia’s biggest treasury hubs Singapore and Hong Kong – who’s in, who’s out and what recruiters are looking for
Singapore may have scrapped the idea of a centralised database to facilitate KYC checks for now but an advisory body in Hong Kong says the government might not even need one.
The regulator says it’s getting serious about regulatory technology with plans to tackle issues ranging from money laundering to machine readable regulations.
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.
When it comes to tackling AML rules, talking to your banking partners and improving internal controls are just two ways corporates can now improve their AML compliance
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?
From a small Hong Kong office, a state-owned giant manages billions that bankroll global energy projects. Now, it's looking at taking its cash-pooling solutions global.