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.
Operations
Background
The large majority of the work in a corporate treasury department is administration, transaction processing and non-discretionary decision making. This absorbs most of the time and resources in the…
Read moreESMA opens public consultation on EMIR standards for CCP client accounts
by Kylene Casanova
The European Securities and Markets Authority has launched a public consultation to review EMIR standards on central counterparties' client accounts.
Treasury Outsourcing: how to manage the good, the bad and the ugly
by Kylene Casanova
Colin Evans, EliteTreasury and Andrew Marshall, SLG Treasury discuss what to keep inhouse, what to outsource, how and when. And the real dangers of cost based outsourcing
Regulators in the spotlight: more transparency needed?
by Kylene Casanova
With banks under unprecedented scrutiny from regulators and facing fines of $87 billion in 2014 alone, should regulators also be more transparent in their stress testing and bank assessments?
Businesses call for clearer tax rules, even if that means paying more tax
by Kylene Casanova
A survey of 2,580 global business underlines the need for clarity on what is acceptable and unacceptable in terms of tax planning under globalised tax rules.
Five years on: is Dodd-Frank a failure for corporate treasury?
by Kylene Casanova
The US's most sweeping reform of financial markets regulation in recent times comes in for criticism on its fifth birthday. How has it affected corporate treasury?
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
Regulatory update from the EACT
by Kylene Casanova
The EACT's July report on European regulatory issues that affect corporate treasurers, including EMIR, Financial Transaction Tax and bank structural separation, is now available online.
Supplier risk management is now a vital skill in corporate treasury
by Kylene Casanova
WARNING - no relationship is forever: your suppliers will increasingly change their strategies and focus. and then they MAY drop you…… you are not that special. Suppliers are loyal as long it suits their strategy
Outsourcing should be about process improvement, not cost cutting and headcount
by Kylene Casanova
The four principles to avoid Business Process Outsourcing inefficiences and failures, e.g. ‘Don’t put crap in a new wrap’. But do we need BPO anyway?
ESMA issues final report on MiFID standards
by Kylene Casanova
The European Securities and Markets Authority (ESMA) has published its final report on MiFID II and the related EU regulation.
EC presents plan to fight corporate tax avoidance
by Kylene Casanova
The European Commission yesterday presented its action plan for fairer corporate taxation, suggesting that the fight against corporate tax avoidance is a problem it is taking seriously.
ESMA says MiFID II proposals to be refined
by Kylene Casanova
ESMA is trying to find compromises and will react cautiously, paying attention to varying market opinions on certain proposal within Markets in Financial Instruments Directive (MiFID).
Broad market support for ISDA’s derivatives reporting principles
by Kylene Casanova
Eleven financial markets and banking associations sign letter to back ISDA's principles for improving regulatory reporting standards for derivatives.
India and South Africa pass Basel III compliance test
by Kylene Casanova
The Basel Committee has published reports on India and South Africa, evaluating the consistency and completeness of their implementation of the Basel III standards.
Swift’s best practice guidelines for ISO 20022
by Kylene Casanova
As ISO 20022 adoption grows, Swift publishes guidelines to facilitate a successful implementation.
EMIR causing sleepless nights on the buyside
by Kylene Casanova
Will investment funds and insurance companies be ready to comply with European Market Infrastructure Regulation (EMIR) rules by the deadline?
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
IRS calls for help on new tax standard
by Kylene Casanova
The US Internal Revenue Service (IRS) has issued a notice calling for public comment on a new tax standard.
The global reach of International Financial Reporting Standards
by Kylene Casanova
Fifteen years since IFRS was introduced, this the status of international financial reporting standards around the world
Pension funds exempt from EMIR clearing for two more years
by Kylene Casanova
The European Commission (EC) has adopted an amendment to the European Market Infrastructure Regulation (EMIR), to exempt pension funds in Europe from mandatory clearing of derivatives trades for a further two years.
Fatca comes in for tough criticism
by Kylene Casanova
Dubbed “an American tax nightmare", a financial advisory calls for US senators to put Fatca on the political agenda and says more must urgently be done to repeal the act.
Swift opens KYC Registry to fund distributors and custodians
by Kylene Casanova
Swift's KYC Registry has been made available to fund distributors and custodians as part of a move to extend compliance services to the securities community.
EC says fair taxation will support economic recovery
by Kylene Casanova
The European Commission (EC) has taken two steps to curb tax evasion throughout the European Union.