ECB makes “unprecedented” move into corporate debt purchasing
by CTMfile
In a move that the Financial Times calls “truly unprecedented”, the European Central Bank (ECB) has today begun its corporate sector purchase programme (CSPP).
Financing
Background
Other sources of finance include:Financing the ebbs and flows of the company's business and ensuring that finance is available to support any expansion is vital to the survival of any company. To…
Read more‘New CP’ to replace France’s CP market, amid reform initiative
by CTMfile
Euroclear has announced reforms to modernise France's commercial paper market, giving the 'titres de créances négociables' a new name, although the legal nature of the negotiable debt securities remains the same.
NSFR rule will force US banks to hold more cash
by CTMfile
US regulators have proposed a new rule that would require the nation’s largest banks to hold sufficient amounts of stable funding to guarantee liquidity for a period of one year.
Hanse Orga and Taulia partner to provide new ways to manage working capital
by CTMfile
SAP + Hanse Orga + Taulia = fully integrated solution to working capital management
Asset-based finance now ‘primary source of funding’ for corporates, worth £20bn in 2015
by CTMfile
A report by the Asset Based Finance Association shows an increase in the use of asset-based finance by businesses in the UK, with £19.7 billion raised at end of December 2015.
Basel Committee proposes definitions for problem loans
by CTMfile
The Basel Committee on Banking Supervision has published a consultation document on how banks should treat non-performing loans under Basel III.
DynamicPay - bank independent dynamic discounting service from Danske
by CTMfile
Flexible financing, ease of setup and use are the key differentiators
Three trends affecting capital flows in the EU
by CTMfile
The European Commission has published a document giving a summary of the main developments regarding freedom of payments in the EU.
SAP Ariba partners with PrimeRevenue - will this transform financial supply chain?
by CTMfile
Key players are getting together to iron out the disconnects in the financial supply chain. When two of the biggest players get together, what will happen? Frictionless trade?
IASB convinced IFRS 16 will create transparency on leasing
by CTMfile
IFRS 16 was issued in January this year and sets out standards for lease accounting. How will it affect companies that currently keep 85% of leases off balance sheet?
More than 70% of invoices paid late globally
by CTMfile
More than 70 per cent of invoices globally issued in 2015 were paid late, according to research by invoice financing company MarketInvoice.
CTMfile web-site revamp: faster, & more responsive design for all devices + RANTS
by Jack Large
Hear the anguish in our RANTS and enjoy the clarity and speed on your desktop, tablet and phone
Invoice discounting a key tool for efficient treasury
by CTMfile
More than seven in 10 corporate treasurers (71%) indicated that invoice discounting is one of the key ways in which treasury can provide tangible value for the company.
Independents become more important in receivables financing as banks dominate
by CTMfile
Flexibility of the non-bank asset backed financing platforms, such as Demica’s, is vital in financing new business opportunities
Seven ways the financial industry can benefit from blockchain technology
by CTMfile
Euroclear and Oliver Wyman have jointly published a white paper on the potential of blockchain technology and how it could be used and adopted.
IASB brings lease accounting into the 21st century
by CTMfile
The International Accounting Standards Board's new IFRS 16 Leases is a major revision of how companies account for leases, replacing requirements that are 'no longer fit for purpose'.
Tackling illiquidity in corporate bond markets
by CTMfile
Corporate bond markets are a key funding source for companies but they are facing regulatory and liquidity challenges, as discussed at a recent ESMA event.
What treasurers need to know about trade receivables securitisation
by CTMfile
With changing regulations and non-bank financiers entering the trade receivable securitisations (TRS) market, how should corporate treasurers approaching this new world?
Fixed income’s opportunities for new players - report
by CTMfile
A report by BNY Mellon and Pershing discusses the evolution of fixed income trading, which is in a state of transition, as well as the challenges and opportunities for new platforms.
Alternative funding could signal shift in IPO activity
by CTMfile
The number of global IPOs in 2015 fell by 2% to 1,218 IPO listings, while total capital raised declined by 25% to $195.5 billion, according to EY's report, Global IPO Trends: 2015 4Q.
Flexible funding of the supply chain is vital in today’s turbulent market
by CTMfile
For corporates the differences between the funding platform’s functionality and flexibility is key and will determine who dominates the supply chain finance business
ESMA publishes guidelines on complex debt instruments under MiFID II
by CTMfile
In accordance with MiFID II, the European Securities and Markets Authority has published its final report on guidelines on complex debt instruments and structured deposits.
Supply Chain Finance solutions now available in all parts of chain, who needs banks?
by CTMfile
Kyriba appoints senior player, Eric Liddle, to lead its supply chain finance solutions team
Should corporates and banks beware of repo?
by CTMfile
Quantitative easing, Basel III and low interest rates are causing a 'perfect storm' in the repo markets. Will corporates benefit from this and how will the situation pan out in the longer term?