Treasury News Network

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Operations

Fatca comes in for tough criticism

by Kylene Casanova

Dubbed “an American tax nightmare", a financial advisory calls for US senators to put Fatca on the political agenda and says more must urgently be done to repeal the act.

Bank Relations & KYC

Usage of Managed Know Your Customer Services grows

by Kylene Casanova

Even major investment firms - Stifel Nicolaus and BlackRock - are signing up for Thomson Reuters Org ID Know Your Customer Managed Service

Investing

Bond yields tempt corporate issuers to market

by Kylene Casanova

Corporates are increasingly looking to corporate bonds to invest surplus liquidity, with almost half of total investment from companies now in corporate bonds.

Cash & Liquidity Management

RMB is #1 in Asia Pacific for payments with Greater China

by Kylene Casanova

According to Swift's RMB Tracker, the renminbi has overtaken four other currencies to become the most-actively used currency in Asia for payments with China and Hong Kong.

Bank Relations & KYC

EBA’s guidelines on failing banks

by Kylene Casanova

The EBA has set out clear circumstances that determine whether a financial institution can be considered to be ‘failing or likely to fail'.

Operations

Guide to untangling the regulatory jungle

by Kylene Casanova

The Corporate Treasurers Council (CTC), run by the AFP in the US, has issued a guide on Effective Compliance with Global Regulations.

Operations

IASB amends IFRS for SMEs

by Kylene Casanova

The IASB has issued limited amendments to the International Financial Reporting Standard for SMEs.

Payments - Disbursements

Payments future is ISO 20022, even for real-time payments

by Kylene Casanova

Corporates involvement is ESSENTIAL in the development of the initial variant of ISO 20022 usage guidelines for real-time payments to be available before the summer

Control & Compliance in Operations

IASB announces update on Disclosure Initiative

by Kylene Casanova

The IASB has issued an update on its Disclosure Initiative, which explores how disclosures in IFRS financial reporting can be improved.

Control & Compliance in Operations

IASB calls for feedback on IFRS 15 deferral

by Kylene Casanova

The IASB has announced its call for feedback on its proposal to defer the effective date of the revenue Standard, IFRS 15 Revenue from Contracts with Customers, by one year to 1 January 2018.