FiREapps: Largest total of corporates reporting FX headwinds globally & in N America
by Kylene Casanova
The position in China is extremely worrying, with global impact and it is clear there’s much more to come
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.…
Read moreExtended trading hours seek to boost yuan’s global standing
by Kylene Casanova
Trading hours for China's currency, the yuan, have been extended for an extra seven hours as of Monday 4 January, amid global panic at share losses and weak renminbi.
The prognosis for our zero-rate economy?
by Kylene Casanova
Are we facing a protracted period of 'secular stagnation' that no central bank can fix? How much longer can the zero-rate economy continue and how can we climb out of the 'liquidity trap'?
BIS on why emerging market firms finance in dollar
by Kylene Casanova
The Bank for International Settlements has released its December issue of the BIS Quarterly Review, giving its perspective on credit to emerging markets denominated in US dollar.
European swap clearing to start in June 2016
by Kylene Casanova
ESMA announces firms will have to centrally clear certain classes of interest rate swaps starting from 21 June 2016, to comply with EMIR
RMB is second most used currency for Japan-China payments
by Kylene Casanova
China's currency has overtaken both the HK dollar and the US dollar to become the second most used currency for payments between Japan and China/Hong Kong.
Supply chain disruption hampers 75% of businesses but few understand risks
by Kylene Casanova
Study finds 70% of companies lack visibility into their supply chain, while supply chain disruption – affecting three-quarters of corporates – is poorly understood and increasingly comes from technology.
Seven ways the RMB’s reserve currency status will affect corporate treasurers
by Kylene Casanova
The IMF has said that China's currency, the yuan, will be added to the reserve currencies basket under special drawing rights (SDR). But what does this mean for corporate treasurers?
What would MiFID II delay mean for treasurers?
by Kylene Casanova
ESMA has indicated MiFID II implementation could be postponed. What – if anything – does this mean for corporate treasury?
Central counterparty equivalence for five more countries
by Kylene Casanova
The EC has announced that the central counterparty regulatory regimes for Canada, Switzerland, South Africa, Mexico and Korea are now “equivalent” to regulation of EU CCPs.
EMIR standards on data reporting updated
by Kylene Casanova
The technical standards on data reporting requirements under the European Markets Infrastructure Regulation (EMIR) have been updated.
triReduce CLS Forward FX Compression Service cuts FX trading risk + other benefits
by Kylene Casanova
CLS enhances financial stability by providing risk mitigation and operational services for the global FX market using portfolio compression
Chilean CCP ComDer clears $100 billion in NDF derivatives since launch
by Kylene Casanova
Chile's first Central Clearing Counterparty, ComDer, has cleared half of the country's non-deliverable forwards on its Swift messaging platform.
Why collateral management could have a wider appeal for corporates
by Kylene Casanova
While some corporates are required to report on mark-to-market valuations of positions and on collateral value, collateral management could benefit those who aren't required to comply with EMIR.
European authorities consult on AML and anti terrorist financing
by Kylene Casanova
Three European supervisory authorities have jointly launched a public consultation on two guidelines for anti-money laundering and countering the financing of terrorism.
Yuan pips yen to become fourth global payments currency
by Kylene Casanova
The Chinese renminbi has become the fourth most-used payments currency, as of August 2015, according to the Society for Worldwide Interbank Financial Telecommunications (Swift).
EIU survey finds corporate treasurers focused on weak economy and FX risk
by Kylene Casanova
A combination of weak economic growth and volatility in foreign exchange markets are the dominant risks facing corporate treasurers, according to the Economist Intelligence Unit.
No reward without risk: finance is top risk for corporates
by Kylene Casanova
Three-quarters of companies only evaluating their risk profile annually, limiting their ability to react to changes to their risk landscape.
Companies must wake up to risk of third party non-compliance
by Kylene Casanova
Auditing third parties for compliance is the number one anti-bribery and corruption challenge for corporates, according to the Global Anti-Bribery and Corruption Survey 2015, by KPMG.
FX volatility is main challenge to cross-border trade
by Kylene Casanova
One-fifth of companies who took part in a currency risk outlook survey said they intend to increase their FX hedging activity in 2015.
EC adopts EMIR rules on central clearing for interest rate derivatives
by Kylene Casanova
The EC has adopted a regulation that makes it mandatory for certain OTC interest-rate derivative contracts to be cleared through central counterparties.
Review your hedging strategy now for volatile times ahead
by Kylene Casanova
With volatility in major currency pairs set to continue, it's more important than ever for corporate treasurers to hedge their foreign currency exposures.
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?
How will corporate treasurers prepare for Grexit?
by Kylene Casanova
The ACT and Deloitte provide a list of actions for corporate treasurers to consider in the event of Greece defaulting on its debt or exiting the euro.