SWIFT to roll out KYC Registry to non-SWIFT banks
by Kylene Casanova
From September, SWIFT will open up membership of its KYC Registry, used by nearly 4,000 correspondent banks and funds players, to all supervised financial institutions
Financial Risk Management
Background
Financial risk is made of three basic types: market risk - FX risk, interest risk and commodity risk; counter-party risk - credit and partner risk; and liquidity risk - risk that the company will not…
Read moreOpportunities in technology but cyber risks are huge, say c-suite execs
by Kylene Casanova
Cybersecurity is the top operational challenge for c-suite executives, while a positive technological disruption in their sector is also seen as one of the top external opportunities
Brexit confusion could mean a smaller breakfast for Brits
by Kylene Casanova
We're no closer to understanding what Brexit will actually mean for consumers and businesses but analysis suggests as many as 75,000 UK jobs could be at risk and price increases are on the horizon
Mark Carney’s 8 steps to a safer global financial system
by Kylene Casanova
In a letter to G20 leaders meeting in Hamberg this week, Chair of the Financial Stability Board Mark Carney has outlined the areas where more needs to be done to improve financial stability
Basel III: Progress towards banking reform
by Kylene Casanova
The Basel Committee on Banking Supervision (BCBS) yesterday published a report updating the progress made on implementing Basel III regulatory reforms
Corporate executives expect trade to increase globally – survey
by Kylene Casanova
Executives are optimistic about the state of the world economy and are increasingly buoyant about trade levels and economic conditions in their home countries, according to a survey by McKinsey
Are we safe from the next financial crisis?
by Kylene Casanova
Conflicting headlines tell us the financial system is safer than ever, while others say the next crisis is around the corner. Should corporate treasurers take these warnings seriously?
Bored of Brexit? Don’t be – the business risks are real
by Kylene Casanova
It's just over a year since the UK voted in a referendum to leave the European Union and, since then, businesses have been trying to understand what this means for trade and business in Britain
Cybersecurity is neglected by most companies in annual reports
by Kylene Casanova
A survey of annual reports published by 800 companies found that most are not providing enough data on their cybersecurity strategies and few consider it a boardroom issue
Corporates and investors brace themselves as Brexit talks begin
by Kylene Casanova
Global investors view the Brexit negotiations between the UK and the EU with pessimism, with the majority of investors saying this will have a negative impact on business and assets
Six ways to take the bias out of financial decision-making
by Kylene Casanova
So you think you're unbiased? This in itself is a form of bias, often called 'overconfidence', which we should be careful to avoid when making crucial as well as every-day financial decisions
TriOptima launches triCalculate MVA service as part of its XVA analytics suite
by Kylene Casanova
Corporates can accurately price their whole portfolios and new OTC derivative trade offers
Could Dodd-Frank reforms lead to big bank break-ups?
by Kylene Casanova
The bill to reform the Dodd-Frank Act gives Democrats an opportunity to push for a Glass-Steagall-style separation of Wall St banks
A road map for digitising source-to-pay but invoices difficult to automate fully
by Kylene Casanova
McKinsey report shows the potential is for huge improvements across the entire process maximising the use of the latest technologies and thinking
Treasury priorities for 2017: forecasting, risk and benchmarking bank service fees
by Kylene Casanova
Treasury Strategies has surveyed 450 corporate treasurers on their priorities for 2017. Cash flow forecasting and financial/FX risk management remain at the top of the treasury agenda
North America business outlook positive, challenges ahead for Europe
by Kylene Casanova
Reports show increasing confidence in G7 economies and among CFOs in North America, while in Europe, the financial system faces risks and a lack of liquidity in securities/derivatives markets
“‘Too big to fail’ has been solved” – but regulatory reform needed
by Kylene Casanova
EU disintegration, anti-globalisation, US financial regulation and addressing 'too big to fail' – these were some of the key financial risks highlighted in a letter by JPMorgan's Jamie Dimon
Trade policy is major concern for global executives
by Kylene Casanova
In a global survey of economic conditions in March 2017, McKinsey found that executives are more bullish about the global economy now than they were in 2016
Nine key risks for EU banks
by Kylene Casanova
Non-performing loans, volatile market risk, IT outsourcing and cyber attacks as well as political uncertainty and the low interest-rate environment are some of the high or medium risks face by EU banks
Brexit is still the top risk for UK CFOs
by Kylene Casanova
Brexit still tops the list of risks perceived by CFOs in the UK although, overall, optimism has reached an 18-month high as the level of perceived negative impact from Brexit decreases slightly
77% of EU firms to reduce UK capacity as result of Brexit - UBS
by Kylene Casanova
Uncertainty related to the UK's exit from the European Union, together with the uncertainty of the new US administration's policies, are the main political risk factors perceived by Eurozone corporates
EY launches risk management tools based on SAP software
by Kylene Casanova
EY has launched a Cloud-based risk management platform that can be used by companies already running SAP's enterprise resource planning (ERP) application
Basel Committee tackles risk in shadow banking system
by Kylene Casanova
The Basel Committee on Banking Supervision has launched a consultative document to strengthen the shadow banking system and mitigate systemic risks
79% of corporates: winning new business has priority over any breach of regulations
by Kylene Casanova
Thomson Reuters survey on the level of company risk from third party suppliers reveals disturbing stats for the USA including belief that “unlikely to be prosecuted if we breach regulations”