International Treasurer – January 2011

For Treasury a Familiar Ring to 2011 Challenges

Most of the challenges treasurers faced in 2010 are still around for 2011. But this is definitely the year to engage.

Read More 

• The IASB’s New Hedge Accounting Direction 

  As noted in our Latest Intelligence posting on December 27, the IASB is pushing hedge accounting in a new direction with the release of its Exposure Draft (ED) on the overhaul of IAS 39.

• World-Class Principles Come to Cash Management 

  Following the lead of The NeuGroup FX Peer Groups, the Global Cash and Banking Group has completed the first phase of its own world-class principles project.

• Peer Insight: LATMPG Spring 2010 Meeting 

  Members of LATMPG met in June 2010 and discussed the following topics: 1) SWIFTNet in Latin America; 2) Drilling into Brazil Treasury Ops; 3) Venezuela Update; and 4) Overview and Regional Outlook.

• Goldman Seeks to Revive Reputation 

  Goldman Sachs’ Business Standards Committee report is a case study in reputational risk-management redress.

• Is Citi Back in the Groove? 

  Treasurers’ concerns about Citi’s global transactions services should now be officially gone.

• Banks Making Improvements in Risk Appetite Frameworks and IT Infrastructure 

  The Senior Supervisors Group issues a report on financial institutions and their risk frameworks.

• European Corporates Facing Higher Borrowing Costs 

  Funding in Europe gets dearer.