Corporates are increasing the number of cash management banks they use world-wide
by Jack Large
The Asset survey showed that in Asia corporates in 2015 increased the number of banks by 21-25% as they sought to minimise their supplier risk
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 moreESMA replies to EC on treatment of commodity derivatives trading under MiFID II
by Kylene Casanova
The European Securities and Markets Authority has published an official opinion on MiFID II and MiFIR, in response to comments from the European Commission.
FX global code of conduct to promote standards and efficiency
by Kylene Casanova
The Bank for International Settlements has published the first phase of the global code of conduct for global FX markets, aimed at raising standards and promoting fairness and efficiency in currency markets.
Banks losing FX market share to non-bank liquidity providers – survey
by Kylene Casanova
The success of non-bank FX liquidity providers such as XTX Markets and the loss of combined market share of the top five banks are two trends highlighted in this year's Euromoney FX survey.
Global FX market faces credit gap of $1.3 trillion
by Kylene Casanova
The global FX market has a 'credit gap' of about $1.3 trillion according to research, which could leave many stakeholders in dire straits but no one is addressing the problem.
Market and credit risks remain high in Q1
by Kylene Casanova
Uncertain EU and global economic outlooks keep liquidity risk at high levels, according to a Q1 report by the European Securities and Markets Authority.
Why treasury urgently needs to invest in FX risk management capabilities
by Kylene Casanova
Deloitte calls for investment in treasury's FX data processing and analytics tools, as FX exposures remain one of the weak spots of corporate treasury.
EU backs rules to stop financial benchmark manipulation
by Kylene Casanova
The European Parliament yesterday voted to support common EU standards against the manipulation of financial benchmarks.
KPMG launches data resource to pre-empt third-party disruption
by Kylene Casanova
KPMG has launched its 'Third Party Intelligence' system, a digital data resource on third-party suppliers for companies.
The three main risks in the EU financial system
by Kylene Casanova
The European Supervisory Authorities have published a report highlighting three main risks in the European financial system, including low profitability of banks and contagion from China.
53% of British CFOs not preparing for Brexit - Deloitte survey
by Kylene Casanova
Deloitte UK's Q1 2016 CFO Survey shows a rise in chief financial officers supporting the EU in the run-up to the UK's EU referendum on 23 June.
Global economic woes hit CFOs hard
by Kylene Casanova
Surveys by Deloitte and EY show growing unease among financial professionals with regards to the state of the global economy. Expectations are at their lowest since 2012.
FASB update: simplification of share-based payments and choice in hedging rule adoption
by Kylene Casanova
The Financial Accounting Standard Board has issued a new standard to simplify accounting for share-based payments, and also voted to let companies choose how they implement hedge accounting changes.
CFTC eases regulatory burden for commodity trade options
by Kylene Casanova
The US Commodity Futures Trading Commission clarified its position on commodity trade options, enabling companies to address commercial risk more effectively.
Six payments experts give verdict on potential of blockchain - EPC
by Kylene Casanova
Is blockchain a short-lived illusion or a real game-changer? asks the latest newsletter from the European Payments Council (EPC).
FASB paves the way for hedge accounting alignment with corporate risk management
by Kylene Casanova
The Financial Accounting Standards Board (FASB) is expected to propose changes that would address some of the differences between companies’ risk management strategies and the hedge accounting model.
Common approach for US-EU derivatives clearing counterparties
by Kylene Casanova
The European Commission has now granted regulatory equivalence for the US central clearing counterparties, used in derivatives contracts, as those CCPs in the European Union.
Corporates ill prepared for FX volatility ahead – Deloitte survey
by Kylene Casanova
Deloitte's survey of 133 FX risk managers is a response to recent volatility in the FX market over the past year and its impact on businesses. It gives a snapshot of how corporates expect to cope with volatility
Tips for doing enterprise risk management right
by Kylene Casanova
A video produced by the Association for Financial Professionals asks Magnus Attoff, head of financial risk management at Ericsson, about his unique approach to ERM.
CTMfile web-site revamp: faster, & more responsive design for all devices + RANTS
by Jack Large
Hear the anguish in our RANTS and enjoy the clarity and speed on your desktop, tablet and phone
How corporate treasurers should manage currency fluctuation risks
by Kylene Casanova
Deloittes Global FX Survey shows levels of uncertainties in 2016 are anticipated to be similar to 2015, WITH currency shifts making a significant impact on company profits & current volatility of sterling
Corporate treasury on the Cloud: damned if you don’t, damned if you do
by Kylene Casanova
The new 'glibc' bug might make “everything on the Internet” vulnerable to attack, or at the very least it's a widespread code flaw that all companies should ensure is patched up and on their risk agenda.
US and EC agree common rules for derivatives clearing
by Kylene Casanova
The European Commission (EC) and the US Commodity Futures Trading Commission (CFTC) have agreed on common rules for central clearing counterparties (CCPs).
FX volatility catches corporates unprepared
by Kylene Casanova
FX volatility during the past year has put increased pressure on corporate hedging programmes, according to a survey by Wells Fargo.