Four experts’s Easter tips for global cash management in 2013
by Kylene Casanova
CTMfile asked two leading corporate treasurers and two senior bankers for their tips for global cash management in 2013. Their tips are:
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 moreAdvice on navigating China’s transfer pricing rules
by Kylene Casanova
Rocky Lee's, Asia managing partner of Cadwalader, Wickersham & Taft, and the firm's Iris Zhaoxin Liu's article in The Corporate Treasurer provides advice on how multinationals can better handle
Australia to implement new interbank rate system to be compiled directly using prices from electroni
by Kylene Casanova
Australia is to become the first major global economy to scrap its benchmark interbank borrowing rate. The Australian Financial Markets Association (AFMA) has today (27 March) unveiled sweeping c
China aims to attract more corporate treasury centres as it strives to be Asia’s shared services and
by Kylene Casanova
Most corporate treasuries have set up their regional corporate treasury departments in Asia-Pacific in either Hong Kong or Singapore. China is now aiming to change this as it tries to upgrade its
Days Sales Outstanding for B2B invoices is growing in Asia-Pacific and is expected to get worse in 2
by Kylene Casanova
Atradius Group, which provides trade credit insurance, surety and collections services worldwide, carryout an annual Payments Practices Barometer survey in Asia-Pacific region. The 2012 survey of
Citi extends Common Depository Services to Asia Pacific
by Kylene Casanova
Citi has extended its Common Depository services to Asia Pacific following the appointment by Euroclear Bank and Clearstream, the International Securities Depositories (ICSDs), to provide sub-
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.
RMB 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)