Three risks that could spark the next financial crisis
by Bija Knowles
Never mind the black swans, there are visible, known risks in the global economy that have experts concerned of potential future damage to the financial system
Risk Management
Background
Risk is the potential that a chosen action, including the choice of inaction, will lead to a loss or an undesirable outcome. Any business carries some risk, but some are much more risky than others. In any business organisation there are basically four types of risk: Business Risks include the risks… Read more about Risk Management
Cyber risk challenges for Asian companies
by Bija Knowles
Cyberattack is one of the top five risks for businesses operating in Asia Pacific, due to rapidly growing connectivity and low cybersecurity awareness
Where are your risks?
by Jack Large
First identify them using “Five Effective Methods To Identify Risks In Your Organization” ONLY THEN can you measure and manage them
‘Belt and Road’ bolsters support for RMB as its use in global payments declines
by CTMfile
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
SWIFT to roll out KYC Registry to non-SWIFT banks
by CTMfile
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
Opportunities in technology but cyber risks are huge, say c-suite execs
by CTMfile
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 CTMfile
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 CTMfile
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 CTMfile
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 CTMfile
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
Beware: IFRS 9 hedge accounting: regulatory deadline is 1 January, 2018
by CTMfile
Reval’s white paper on ‘Lessons from early adopters’ and key advantages of IFRS 9 is essential reading as the deadline approaches
Are we safe from the next financial crisis?
by CTMfile
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 CTMfile
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 CTMfile
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 CTMfile
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 CTMfile
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
Why would you not use a bank for FX?
by CTMfile
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 CTMfile
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 CTMfile
While FX markets undergo significant technological change, the top five FX banks remain remarkably unchanged, according to Euromoney's 39th annual FX survey
Should value creation be key focus in risk management?
by CTMfile
Ninety per cent of corporate directors think value creation should be a key focus of risk management, according to a Deloitte survey on corporate attitudes to risk
Can ETFs improve your currency hedging strategy?
by CTMfile
As the exchange-traded fund industry grows, it's gaining interest from corporate treasurers attracted by lower fees, an alternative short-term investment and daily hedging possibilities
What is the FX Global Code and how will it affect treasury?
by CTMfile
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?
EMIR reforms could make derivatives simpler and more efficient for corporates
by CTMfile
The European Commission has proposed a set of measures to ease the reporting burden and simplify regulatory requirements for companies that participate in the EU's derivatives market
TriOptima launches triCalculate MVA service as part of its XVA analytics suite
by CTMfile
Corporates can accurately price their whole portfolios and new OTC derivative trade offers