Treasury News Network

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Operations

66% of corporates proactively preparing for BEPS

by Kylene Casanova

Two-thirds of companies globally are proactively preparing for the implementation of BEPS and most are adopting technology to do so. Transfer pricing documentation is the biggest challenge.

Cash & Liquidity Management

China to boost investor confidence with credit default swaps

by Kylene Casanova

China has taken another step towards opening a credit default swap (CDS) market, the Financial Times reports this morning. The hedging tools would protect investors in case of a credit default.

Operations

US companies face Sarbanes-Oxley compliance burden

by Kylene Casanova

The cost of SOX compliance is still high, with a significant number of large companies spending $2 million or more per year, a rise in external audit fees and more time spent on compliance.

Cash & Liquidity Management

Corporates to continue accumulating cash holdings

by Kylene Casanova

Financial professionals expect to continue accumulating cash holdings during the summer months, ahead of further anticipated uncertainty in global business markets, according to AFP research.

Investing

Safety or yield? The choice facing US MMF investors

by Kylene Casanova

The SEC's rules on floating NAV are set to overhaul the money-market fund industry, which is reportedly worth $2.7 trillion. This is what treasury needs to know about the new rules.