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).
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 moreBofA 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
SAFE simplifies FX rules for investors in China
by Kylene Casanova
China's State Administration of Foreign Exchange (SAFE) has issued a circular, which will come into force on 1 June 2015, simplifying its regulations of FX administration for direct investment.
Africa is fastest growing region for SWIFT payments
by Kylene Casanova
SWIFT announced yesterday that its payment traffic volumes in Africa grew by 13.2% in the year to date
ACT launch new starter certificate – “the first step to treasury success”
by Kylene Casanova
Certificate in Treasury Fundamentals (CertTF) could be your first step in building your knowledge and expertise in treasury and corporate finance
RBC completes first cross-border payment on Canada’s new Renminbi Trading Hub
by Kylene Casanova
Other developments: CCB taps Euroclear for first RMB listing; CIPS international payment system should cut level of payment rejections; Freescale netting and automated USD sweeps from Tianjin, China to HK
Future of Cash concerns: bank ring fencing, new Europe MMF regs, deposit charges
by Kylene Casanova
Treasury Strategies ‘Cash Briefing’: ring fencing dangers; new MMF Europe regs - MIGHT stop rating of funds, the new investment products, timing impossibility; new banking arrangements needed
ANZ builds RMB capabilities in Shanghai and Hong Kong as RMB falls to 7th position
by Kylene Casanova
Internationalisation of RMB continues but volatility appears. SWIFT's Tracker shows in February overall RMB fell to 7th position as offshore countries, excluding Hong Kong, now represent 25% of RMB pa
Optimising cash management in Asia-Pacific: case study & HSBC sweeping service
by Kylene Casanova
Laird show how to carryout effective cash management in Asia-Pacific and HSBC installs automated two-way cross-border RMB sweeping to make optimising cash management even easier
How to protect your global cash management solutions by becoming BANK AGNOSTIC
by Kylene Casanova
Global banking ideal is dead. Use these strategies to survive: technology to ensure can switch quickly, reliable alternative banks, go direct to the clearings, etc. But remember banks need TLC too
Cash Pooling - a treasurer’s guide
by Kylene Casanova
Treasury Alliance Group’s take on how to get the maxiumum from physical and notional pooling
Cashfac Operational Cash Asia-Pacific Index shows 35% have real-time cash view
by Kylene Casanova
Multiple banking cost, reliance on customised bank systems and work-arounds all hinder real-time view of operational liquidity as only 35% of corporates have real-time visibility of cash
Standard Chartered RMB Globalisation Index Up 2.3% in Jan, fastest in 8 months
by Kylene Casanova
Expect near-term USD/CNY upside risk; band widening unlikely until at least H2-2015
Mixed views on possible impact of Hong Kong tax reductions for Treasury Centres
by Kylene Casanova
PwC: don’t forget taxation of overseas-sourced interest income
Pan-European instant payment infrastructure solution development really begins
by Kylene Casanova
EBA CLEARING kicks off task force to be the major provider of pan-European infrastructure solutions plans to offer Europe-wide instant payment processing services to PSPs by 2018
Citi launches free trade accounting unit business in China SFTZ
by Kylene Casanova
Facilitating the cross-border business of their clients and contributing to the ongoing financial reform in China
African Development Bank and Bloomberg launch African Bond Index
by Kylene Casanova
New index family to bring transparency to most liquid African bond markets
Treasury Management in China - report from Treasury Alliance and DBS
by Kylene Casanova
‘A Treasurer’s Guide’ - the basic building blocks for effective cash and treasury management in China
European companies turning to local banks as expand operations - Greenwich survey*
by Kylene Casanova
For Greenwich Associates, BNP is now the leading bank in Europe for cash management and banking services for top-tier large corporates and large corporates
McKinsey&Co.’s scary global report on ’Debt and (not much) deleveraging’
by Kylene Casanova
Global debt since 2007 has grown by $57 trillion, outpacing world GDP growth. Where is it all going to end?
The Fed publishes “Strategies for Improving the U.S. Payment System”
by Kylene Casanova
A revolution is coming as the Federal Reserve white paper detailing several options to transform and improvethe speed, security, efficiency, international and collaboration of the payments system in t