CTMcast - 23 April 2020: How corporate treasury is going back to basics
Jack and Ben review last two week’s posts and discussions
% Rate Hedging & Risk Management
Background
Most businesses are exposed to interest rate risks from their operating cash flows, their financing and their investments. Businesses with variable interest rate investments face the possibility of…
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Hedging and COVID-19: Three key considerations
by Amol Dhargalkar, Managing Director, Global Corporates Sector, Chatham Financial
How can your company address its financial risk management program in light of these unprecedented times?
Deutsche Bank closes hedge for offshore wind farm
Despite volatile markets, the bank closed the US$3bn project finance for a Taiwanese wind farm.
Constant Currency Reporting: the good, the bad and the ugly
Helen Kane, Hedge Trackers explains the concerns, why it’s a problem & what to do about it
OECD transfer pricing guidance on financial transactions has implications for treasury
The guidance addresses the transfer pricing of treasury functions, intra-group loans, cash pooling, hedging, and more.
OCBC Bank and Standard Chartered complete Singapore’s first OIS trade based on SORA
The overnight indexed swap (OIS) derivatives transaction used the Singapore Overnight Rate Average (SORA) as interest rate benchmark.
Treasurers looking to new FX risk mitigation strategies, survey finds
To minimise FX losses, executives are reviewing formulas to balance Cash Flow at Risk and Earnings at Risk.
Trading platforms developing and extending
360T’s EMS - One integrated system - shows what is happening
What is corporate treasury’s role in compliance?
Managing overall Enterprise Governance, Risk, and Compliance is probably ‘impossible’ but who should lead the way? What is your role?
Nigeria’s banks urged to hedge dollar-denominated loans
At a Lagos financial workshop, African companies were urged to follow major multinationals in using derivatives to manage price risk.
UK and US strike post-Brexit derivatives deal
The Bank of England has finalised a dealto maintain derivatives trading and clearing with the US, post-Brexit.
GTreasury build on growth with new CEO, Renaat Ver Eecke
Founder Orazio Pater, becomes Executive Chairman, after record-breaking 2018 with 64% year-over-year revenue growth
LIBOR replacement: RFR Term Risk Free Rates portal
ICE Benchmark Administration Limited developing the needed term structures and benchmarks
Surviving regulatory compliance with technology & support
by Kelvin Walton, CEO, TreasuryWise Limited
Dealing with onerous burdens of regulatory compliance requires powerful technology & support + key examples from GTreasury
ESMA values EU derivatives market at €660 trillion
The European derivatives market totalled 74 million open transactions worth €660 trillion outstanding at the end of 2017
GTreasury releases new module for ASC 815 Hedge Accounting Standard Update
Get ready for January 2019’s new hedge accounting standard for public companies
Ameribor, SOFR or Sonia? What will replace Libor?
This week's Economist highlights some of the concerns and risks to the financial system as Libor comes to a 'planned demise' in 2021
Derivatives reporting obligation postponed by Irresponsible Swiss Federal Council
Swiss Federal Council, with no warning, extends transitional period for reporting derivative transactions by NFCs by 5 YEARS
Forward looking risk management is not easy
MetricStream show how to navigate an ever-changing business landscape
New Thomson Reuters US Treasury & % rate swaps pricing
Definitive source for USD interest rate swaps RCM 19901 - the price discovery and global % risk rating - enhanced by collaboration with
BofE confirms SONIA compliance with IOSCO principles
The Bank of England has confirmed it will apply international best practice in its administration of the SONIA rate
How independent can corporate treasury risk management be?
New Gartner Integrated Risk Management survey shows how all embracing the new packages are, but what is role of TMS’s risk management?
Public consultation launched on euro risk-free rates
ECB working group announces public consultation on three potential alternatives to Eonia
Prepare now for end of Eonia and Euribor
A report from Oliver Wyman says start preparing now for the transition away from Eonia and Euribor or face increased costs and risks