RTGS systems go live in Macau and Taiwan on SWIFT
by Kylene Casanova
SWIFT, today announced that the Real Time Gross Settlement (RTGS) systems have gone live on SWIFTNet in Macau and Taiwan.
Cash & Liquidity Management
Background
Effective liquidity management is as much an art as a science. The main objectives of cash and liquidity management are to free up all the company's cash whilst minimising processing costs, to…
Read moreRMB cross-border payments and collections solution in China from HSBC
by Kylene Casanova
HSBC has implemented a renminbi (RMB) cross-border payments and collections solution for a Fortune 500 company in China. It provides a centralised approach to cash management by enabling
Basel III ‘will spur alternative (nonbank) sources of trade finance’ and impact Asia-Pacific trade p
by Kylene Casanova
A new report by Greenwich Associates claims that Basel III bank capital adequacy requirements are poised to increase pricing on trade finance. Greenwich suggests that this could accelerate the
Practitioner tips on testing debt compliance
by Kylene Casanova
Cindy Fryer, Senior Director-Treasury, Endo Health Solutions presented at AFP Annual Conference 2012 her 10 tips for ensuring debt compliance which included:
Tips on improving cash flow when liquidity is tight
by Kylene Casanova
Betty Fan, senior consultant at Element Consulting Group in the USA, an advisor of shipping companies and manufacturers, in an article in 'the corporate treasurer', recommends an integrated approach from all busines
RBS launches SEPA Accelerator to help clients easily migrate to SEPA Standards
by Kylene Casanova
The Royal Bank of Scotland (RBS) plc today announced the launch of the RBS SEPA Accelerator; a new solution to help clients quickly and cost-effectively migrate to mandatory SEPA standards.
SEPA: the one thing you HAVE TO fix before 1 February 2014 + other developments
by Kylene Casanova
Payroll payments in the new SEPA Credit Transfer XML formats have to work from 1 February 2014. The rest is detail.
Possible Euro break-up: plans on hold while contingency procedures and systems are being kept in pla
by Kylene Casanova
In September 2012 Citi's chief economist put the likelihood of Greece leaving the euro within 18 months at 90%. These concerns on Greece and the Euro zone have lessened, but they have not gone away.
Basel III reshapes trade finance and opens up opportunities for African banks look to fill gaps left
by Kylene Casanova
As Basel III regulations come into play, banks are looking to manage their bulk balance sheets by divesting their trade finance assets, creating a gap in the market.
Surprise, surprise: Asian corporates want more from their banks, just like the rest of the world
by Kylene Casanova
Asia's banks need to lift service levels to their institutional customers or face an increasing risk of losing them, according to the latest research from industry specialists East & Partners. Their twice yearly Asi
EU’s Financial Transaction Tax (FTT) may mean that your cash-coordination centre will need to reloca
by Kylene Casanova
Corporate treasury is rightly concerned over FTTs. It is not just the looming (in early 2014) EU FTT, there are also proposals to introduce one in the USA. M-Pesa, the mobile payment system in Kenya, has just had on
Global march of the RMB: IFC launches short-term RMB facility for private firms
by Kylene Casanova
IFC, a member of the World Bank Group, has introduced an innovative financial instrument to help China internationalize its currency, issuing the first renminbi-denominated note under its global discount note progra
Greenwich Research survey suggests Deutsche Bank strengthening European corporate banking lead
by Kylene Casanova
The results of the Greenwich Associates conducted interviews with 3,125 financial officers (e.g., CFOs, finance directors and treasurers) at corporations and financial institutions with sales in excess of 500 millio
Deutsche Bank and General Electric in Japan have developed a unique solution to streamline multi-ban
by Kylene Casanova
Deutsche Bank today announced that it has jointly developed and implemented a unique cash management solution with General Electric's Treasury team in Japan. They have customised NTT
EBS, ICAP’s electronic FX business, has launched two new products on EBS Market, its flagship anonym
by Kylene Casanova
The first trade in EUR/USD was executed by a major Indian private sector bank on the EBS Market on January 24 and spot USD/INR (US dollar/Indian rupee) is now available for onshore bank customers to trade.
Global March of Renmibi continues: Citi implements new Renminbi Multi-Currency Notional Pooling Solu
by Kylene Casanova
Citi has added the renminbi (RMB) to its Multi-Currency Notional Pooling service in London.
Euro Area Bank Lending Survey for Q4 2012 shows widening bank margins which spells trouble for corpo
by Kylene Casanova
According to the ECB Euro Area Bank Lending Survey for Q4 2012 average margins for Enterprises have widened 23% while the tightening of collateral requirements was stable.
There are now four RMB clearing banks outside of China
by Kylene Casanova
This month China's central bank, the People's Bank of China (PBoC), appointed two additional banks – the Industrial and Commercial Bank of China in Singapore (ICBC Singapore) and Bank of China in Taiwan (BoC Taiwan)
Global cash pooling and sweeping tips and insights from ACT’s Cash Management Conference panel discu
by Kylene Casanova
At the Association of Corporate Treasurers Cash Management in London last week a panel made up of Maurice Cleaves - Barclays, Ian Armstrong - AMEC, Angela Clark - Misys, and Paul Outridge - De La Rue and the audienc
Citi sees surge in offshore Renminbi-related activities in Singapore
by Kylene Casanova
Since the People's Bank of China (PBC) introduced the renminbi (RMB) cross-border initiative in July 2009 to promote the internationalisation of RMB, the number of activities in Singapore for offshore RMB solutions
Security concerns in Middle East trade increase demand for LCs and credit insurance
by Kylene Casanova
Companies in the Middle East are looking for maximum security in trade transactions after being doubly hit by the financial crisis and the Arab Spring. Middle East companies and banks are being extremely cautious wh
How China has simplified IPO proceeds repatriation
by Kylene Casanova
China's forex regulators issued a new guideline on January 28 simplifying repatriation of IPO
Renminbi growth continues: Standard Chartered Renminbi Globalisation Index up 2.8% in December and S
by Kylene Casanova
RGI, posted another new high of 748 in December, up 2.8% from November's 728 in part due to
Bank of America Merrill Lynch Launches CashPro Accelerate® in 12 markets in Asia Pacific
by Kylene Casanova
Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, Philippines, Singa