Regulations & Financial Reform
KYC Compliance Tops the List of Concerns for NGO Treasurers
Know your customer (KYC) regulations topped the list of concerns for attendees at the latest meeting of the Association of Global Development Treasurers. Treasurers for non-governmental organizations (NGOs) are concerned with the unintended consequences of banks’ interpretations of the regulations.
Amid EU Crisis and Sovereign Bank Nexus, Treasurers Struggle
The sovereign debt crisis in Europe has been at the epicenter of much public debate. Sovereign debt is not an economic factor that market participants would examine in isolation. It has significant implications for the entire economy, and to the extent these implications touch the banking sector, it has obvious detrimental effects for treasury and finance.
Has Lending to UK Businesses Turned the Corner?
Lending to non-financial businesses increased £1.6 billion in March of this year, the highest upturn since February 2009. But, has bank lending to businesses really turned a corner?
EU Companies: Focus on Cash Flow Before It’s Too Late
European companies have more cash on hand than ever before, and are outpacing their American counterparts on working capital management. But their reliance on debt may spell big trouble in the long run.
Will Basel III Kill Notional Pooling for Corporate Treasury?
Notional pooling has been an effective liquidity management tool for many multinational corporations. Basel III threatens all that, particularly in Europe.