Complex multi-banking and reporting challenges hinder corporates’ view of cash
by Kylene Casanova
Fewer than one in 10 UK corporates have a real-time view of their cash balances, according to a report published today.
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 moreChina announces negative list for reform of foreign investment in business
by Kylene Casanova
The Chinese government has announced a negative list, currently in a pilot phase, of sectors and businesses that are off-limits to foreign investors.
Ireland boosts financial hub status with new fintech and payments body
by Kylene Casanova
An industry association has been set up to provide a single voice for Ireland's emerging fintech and payments markets and to establish the country as an international financial services hub.
Citi selected by Shell as its sole provider of cash management services in Europe
by Kylene Casanova
RBS replaced as Citi claim that new mandate cements their position as THE leading provider for multinational clients seeking full scale regional cash management solutions across Europe
BIS review focuses on emerging market volatility
by Kylene Casanova
FX volatility in emerging markets is one of the main themes in the Bank of International Settlements Quarterly Review, which focuses on international banking and financial markets developments.
AFP publishes guide to Centralization of Treasury
by Kylene Casanova
The latest CTC Guide to Centralization of Treasury in a Global Context is available for download from the AFP's website.
Tax and economy are major worries for US CFOs
by Kylene Casanova
CFO survey finds that the US Congress's ongoing negotiations on tax reform, as well as economic uncertainty, are the main sources of concern for CFOs in the US.
ESMA publishes four reports focused on how EMIR framework has been functioning
by Kylene Casanova
European Securities and Markets Authority (ESMA) has published four reports focused on EMIR plus providing input and recommendations to the European Commission’s EMIR Review
Nigeria to develop compulsory registration before access to bank a/cs allowed?
by Kylene Casanova
Nigeria’s Federal Inland Revenue Service has said that it is working with the Nigerian Central Bank to enforce compulsory registration with the tax authorities before companies can access bank accounts
Regional payment systems helping to drive Africa’s economic growth
by Kylene Casanova
Expected moves to integrate regional systems could bring pan-region efficiencies
Taking treasury from reactive to proactive
by Kylene Casanova
Mighty Guide presents 24 experts describing their own most important steps to transform your corporate treasury
Transactions in Indonesia must now be in rupiah
by Kylene Casanova
Bank Indonesia has announced the mandatory use of rupiah for transactions within Indonesia, as of 1 July.
Ecobank and MasterCard extend payment card coverage to 32 sub-sahara countries
by Kylene Casanova
New agreement aims at accelerating adoption of electronic payments across Sub Saharan Africa over the next 10 years, but needs link to mobile phone payment services to reach most of population
More risk and credit analysis needed as China makes financial reforms
by Kylene Casanova
Interest rate liberalisation, seen as the next step in China’s financial reforms, is imminent, according to a white paper by J.P. Morgan Asset Management.
RBS announces BNP Paribas as referral bank for GTS customers
by Kylene Casanova
Exiting cash management services is being handled carefully and is opening up new opportunities for other banks
Corporate treasury in 2015: snapshot of a risky business
by Kylene Casanova
A survey of corporate treasurers and CFOs has found that risk management is the number one priority for financial professionals.
How will corporate treasurers prepare for Grexit?
by Kylene Casanova
The ACT and Deloitte provide a list of actions for corporate treasurers to consider in the event of Greece defaulting on its debt or exiting the euro.
RMB payments supported by growing number of banks
by Kylene Casanova
The rise in RMB payments is supported by a growing number of banks, according to Swift.
B2B directory could breathe life into US e-payments
by Kylene Casanova
How will the Remittance Coalition's project to create an industry business directory make it easier for companies to make electronic payments?
SAFE reforms settlement of FX capital for foreign companies
by Kylene Casanova
China reforms the administrative approach to settlement of foreign exchange (FX) capital by foreign-invested enterprises (FIEs).
BofA Merrill is exiting the Managed Treasury and Liquidity Services business
by Kylene Casanova
As the last bank leaves the agency treasury outsourcing business to focus on other areas of the transaction banking business, supplier dependency issues and operational risk move centre stage
Hong Kong sets out tax-friendly proposals to entice regional treasury centres
by Kylene Casanova
Hong Kong's financial authorities have published a paper detailing how corporate tax reductions should be introduced for corporate treasury centres.
RMB is #1 in Asia Pacific for payments with Greater China
by Kylene Casanova
According to Swift's RMB Tracker, the renminbi has overtaken four other currencies to become the most-actively used currency in Asia for payments with China and Hong Kong.
Are we turning into data detectives?
by Kylene Casanova
The search for information within banking super-repositories, By Des Twort, EMEA Treasury Specialist, Bank of America Merrill Lynch