New regulations have put the future of notional pooling in question. But Asia's capital controls mean treasurers at some multinationals still see it as key to handling trapped cash in the region.
Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.
Money stranded in local accounts in foreign currencies is a perennial problem for treasurers. TPV Technology's treasurer tells CT how he worked with JP Morgan to tackle it.