Track: Global Financial Management

Designing a Global Liquidity Mobilization Structure Including a Payments Factory

Monday, October 20, 2008
4:00 p.m. - 5:30 p.m.
Room: 518

With reduced liquidity and the increased cost of credit, more corporations are focusing internally to maximize the use of cash in their international entities. This discussion focuses on strategies to mobilize international liquidity such as in-house banking capabilities that may include physical and national pooling techniques and payments and collection factories. Benefits include enhanced FX risk management and execution capabilities.

Speakers:

• Elaine Paik
  Assistant Treasurer
  Colgate Palmolive Company

• Melissa Cameron
  Principal, Regulatory & Capital Markets
  Deloitte & Touche LLP

• Dan Munger
  Partner, International Tax Services
  Deloitte & Touche LLP

Objectives

• Describe a physical and a notional pool
• Understand a payments factory
• Identify some key tax issues
• Consider FX ramifications of global liquidity structures

Pre-Requisites

None

Take-Aways

• Articles

CPA Field of Study: FIN