CT has compiled the key takeaways of China’s new cross-border renminbi cash-pooling policies, to give treasurers and CFOs a clear view of what’s been changed.
Treasurers at MNCs, Chinese multi-nationals, and banks confirm that new measures raising the ceiling for RMB x-border sweeping transactions were welcomed .
Keen to appease treasurers, the Bank of Thailand plans to relax foreign exchange regulations to make the country more attractive for setting up corporate treasury centres.
The Bank of Thailand is rolling out a series of FX liberalisations, including a push for corporate treasury centres, Thai baht lending programmes for foreign corporates, and market allowances for new risk management products.