Tag: counterparty

The threat of a cyber-security breach is keeping treasurers up at night, as they increasingly engage the services of ‘non-traditional vendors’. So much so, it could stifle this growing dynamic.

Taiwanese SMEs lost an estimated $6.6 billion in TRF (targeted redemption forwards) after the renminbi’s devaluation in 2015. The question now is who will pay back this money?

With payment fraud on the rise, especially in the Asia-Pacific region, coming up with a plan to protect your company is more important that ever

China plans on rolling out more RMB convertibility programmes in FTZs * EU and the US agree on central counterparty clearing requirements * South Korea promises relief to firms in the KIC region * The Philippines further liberalises FX markets * And more…..

HSBC was granted the power to make tax payments on behalf of its clients in Shanghai - the first foreign bank to receive it. The news could reduce the need for international companies to open accounts with local banks purely for tax reasons.

Europe will delay the Basel III deadline for bank capital requirements for six months at least. Originally set to go live in January 2013, Europe now follows the US in postponing the regulations.

European banks have been pulling their exposure to the US as regulation, bad debt and credit risk aversion all force them out of the game.

Francis Wai King-fai, CFO of Dah Chong Hong Holdings, Hong Kong’s trading, auto and logistics conglomerate, talks to CT about the trials of piloting cash pooling in China, searching for non-European banks, and hedging out FX risk.

Ocean Park Corporation’s CFO, Matthias Li Sing-chung, talks to CT about the cost of expanding the Hong Kong theme park, cash flow, counterparty risk and the proper way to account for animals in the books.