Easy access to CIPS data will facilitate transactions between China and the rest of the world
by Jack Large
China’s Cross-Border Interbank Payment System membership information now published on SWIFTRef
FX Management & Crypto
Background
According to the latest Bank for International Settlements (BIS) survey of foreign exchange volumes, in 2013, almost $5.3 trillion in currencies globally are traded daily. The increasing…
Read moreDeep global uncertainty: time for a new business model?
by Jack Large
How is your corporate treasury department going to help overcome the increasing concerns on Trump, Brexit, Merkel’s problems with the rise of far right in Germany, etc.
How to prepare your company for Brexit
by Bija Knowles
What is the potential impact of Brexit for European companies and how can they prepare to manage risk or look for opportunities?
How FX global code is changing bank-corporate interactions
by Bija Knowles
Here are four ways that the voluntary FX global code of conduct could have an impact on how banks interact with corporate treasury departments
RMB still struggling to become a major international currency
by Jack Large
SWIFT’s RMB Tracker shows that RMB has regained its position as fifth most active currency for global payments as Hong Kong domination of off-shore clearings continues
Managing FX risk is core strategic challenge for treasury
by Bija Knowles
Managing risk is the key mandate for most treasury departments and managing FX volatility is the main challenge, accord to Deloitte's Global Corporate Treasury Survey 2017
Can ‘quantamental’ apply in corporate treasury too?
by Bija Knowles
The past year has seen the rising use of a new non-word in investment circles: 'quantamental', a cross between quantitative and fundamental. What does it mean and should corporate treasurers care?
Global banks step closer to creating new digital settlement currency
by Bija Knowles
Can a digital currency solve settlement and clearing inefficiencies for global banks? Banks including Barclays, Credit Suisse and HSBC hope to launch the new coin by end of 2018
Bitcoin Foundation seeks protection from US currency regulation
by Jack Large
Battle for heart and soul of the cryptocurrencies gets serious: Do you believe in cryptocurrencies or not?
Are digital currencies/cryptocurrencies really serious?
by Jack Large
Many important questions remain
ING launches global emerging market FX indices with Bloomberg
by Jack Large
New indices enable clients to understand how emerging market currencies have performed against the US dollar
Impact of IFRS 16 and revenue recognition
by Bija Knowles
Lease accounting and revenue recognition are two pieces of regulatory compliance that have got a lot of CFOs and treasurers worried. Recently Microsoft stated how this affected its balance sheets
‘Belt and Road’ bolsters support for RMB as its use in global payments declines
by Kylene Casanova
Fewer than two per cent of global payments are done in renminbi but the currency still has strong support. SWIFT identified five factors contributing to the Chinese currency's success
How much negative currency impact are you reporting?
by Kylene Casanova
FiREapps Q1 2017 Currency Impact Report shows a relatively low collective negative currency impact of $6.7 Billion by North American and European corporations BUT BEWARE FX volatility could return soon
FX: in the age of the algos tailor them to fit your needs
by Kylene Casanova
Northern Trust launch of a suite of sophisticated foreign exchange client execution algorithms that allow clients to manage their FX exposure with an enhanced level of control and transparency
Corporates advised to take a ‘first look’ at the FX Code
by Mark O’Toole, Vice President of Commodities & Treasury Solutions , OpenLink
With a minority UK Government sending Sterling south, Mark O’Toole of OpenLink explains why the newly published FX Code puts a global corporates’ risk management practices under the microscope
Why would you not use a bank for FX?
by Kylene Casanova
FX brokers and advisors continue to take SME’s FX business, but for big deals they cannot match the leading FX banks
FX market authorities welcome Global Code of conduct
by Kylene Casanova
A voluntary code of conduct for the global foreign exchange markets, the FX Global Code, was released yesterday, with the aim of raising standards and promoting fairness and efficiency
Citi still #1 for FX, but only just - Euromoney survey
by Kylene Casanova
While FX markets undergo significant technological change, the top five FX banks remain remarkably unchanged, according to Euromoney's 39th annual FX survey
FX provision evolves as banks withdraw from SME market AND boost other services
by Kylene Casanova
Citi FXGateway opens up new efficiencies in the strategic FX hedging process
What is the FX Global Code and how will it affect treasury?
by Kylene Casanova
The complete FX global code and its adherence mechanisms are due to be released this month – so how will the new code affect corporate treasurers?
5 most volatile currencies – and FX impact on corporate earnings dips in Q4 2016
by Kylene Casanova
The latest report from FireApps suggests fewer companies have reported negative currency impacts in Q4 2016, compared to the last quarters of 2015 and 2014
China’s small steps towards renminbi reform
by Kylene Casanova
The People’s Bank of China (PBoC) deputy governor Yi Gang has said that the renminbi will become a free-floating currency – but only when China thinks markets are right
3 things to get right to improve your FX risk management
by Kylene Casanova
Hedging strategies are central to managing FX risk but the uncertainty of global politics, together with the move to automated systems and changes in banking relationships have shifted the goal posts