1. ''Payments.'' New Payments Platform. ...

UK process for electronic payments, typically made via the internet or phone, to be processed in hours rather :<span style="color:#4B0082">'''''Instant payments for corporates?'''''</span> ...

:*Introduces a new moratorium to give companies breathing space from their creditors while the ...r asking for additional payments while a company is going through a rescue process. ...

:"Pillar 1 [is] a new nexus rule, which reallocates a business’s residual profits to the jurisd * [[Internal Capital Adequacy Assessment Process]] ...

...enefits to corporates and their customers. As with any major change, these new developments are likely to create significant impact. ==Revolutionising the UK payments industry== ...

*New home of ACT learning is launched - the [https://academy.treasurers.org/ ACT ...standards/qualifications/syllabi/certificate-international-cash-management New CertICM syllabus]. ...

...al Capital and Foreign Market Regulation (RMCCI) has been replaced by four new circulars (Circulars 3691, 3690, 3689 and 3688, of 16 December 2013), in a ...e Real Plan in 1994, the Brazilian financial system has experienced a deep process of restructuring, mainly the consolidation of the number of banks, reductio ...

...n be managed, information is needed about the input and the outputs of the process. With this information processes can be re-engineered and metrics can be de ...nd the latest thinking so why not performance measurement? Metrics are not new to the treasurer: credit ratings and covenant ratios are well known. ...

| data2 =Latin America Region Head for Payments, Receivables and Commercial Cards, [http://www.citigroup.com/citi/ Citi] ...everal global and domestic obstacles, including lower commodity prices and new types of financial risks, to ensure strong and sustainable growth. The regi ...

...China (Shanghai) Pilot Free Trade Zone (SFTZ) as a starting point under a new Qualified Domestic Individual Investor (QDII2) scheme. ...hment of Free Trade Units (FTU) in Shanghai’s banking system in 2014, this process will become easier. Furthermore, inflows and outflows of funds sitting in F ...

...China (Shanghai) Pilot Free Trade Zone (SFTZ) as a starting point under a new Qualified Domestic Individual Investor (QDII2) scheme. ...hment of Free Trade Units (FTU) in Shanghai’s banking system in 2014, this process will become easier. Furthermore, inflows and outflows of funds sitting in F ...

* '''The globalisation opportunity:''' Expansion of businesses into new frontiers and emerging geographies and markets potentially increasing opera * '''The changing landscape of payments:''' Explosive growth in payments or e-payment transactions which provides growing opportunities in areas suc ...

==Status of IFRS transition process around the world== ...l to IASB IFRSs. India has recently proposed for mandatory adoption of the new Indian Accounting Standards (Ind AS), which are substantially converged wit ...

...nt’s gradual process of exchange control relaxation has enabled an orderly process of global reintegration, allowing companies and individuals to diversify th ...2, secondary tax on companies levied on dividends has been replaced with a new dividend tax of 15%; ...

...f price stability and arranges the execution of domestic and international payments. ...gulations on own funds are in line with the EU law. In connection with the new capital requirements according to the CRD IV Package there will be major ch ...

Treasurers do not have the luxury of waiting for a “new normal” to emerge: the wheels of treasury turn every day. The challenge f ...sought in Thailand and Indonesia. There is a new optimism in India that a new government will herald a wave of FDI and increased investment. Japan is mak ...

...arnings in overseas branches, subject to approval from SAFE. This approval process is also being simplified in order to encourage greater overseas investment ...from 2008. The incentive (in addition to the 15% rate that applies to all new high-technology enterprises) is a two-year tax holiday followed by three ye ...

| data3 = New Taiwan dollar (TWD) The official currency of Taiwan is the new Taiwanese dollar (TWD) whose value is determined by a managed floating exch ...

...xceeds INR 50 million in one year. Specified domestic transactions include payments to related parties, the inter-unit transfer of goods or services, transacti ...ment clearing systems. As well as an RTGS system for high-value electronic payments, there are a number of low-value electronic and paper-based clearing system ...

...f convergence with International Financial Reporting Standards (IFRS). The process has nearly been completed, with only a few remaining elements left to be br ...d by the Bank of Japan. Users access the system via dedicated terminals. A new infrastructure for BOJ-NET is in development, which will result in an exten ...

ISDA updates these sets of definitions from time to time to include new types of transactions and to reflect current market practice. For example, ..., thereby eliminating distinctions between those existing transactions and new transactions entered into on the 2014 ISDA Credit Derivatives Definitions. ...

...ina has progressed quickly and become the factory of the world. During the process, millions of Chinese have been lifted out of poverty. ...leading to an economic boom in resource rich economies as well. Since the new millennium, China has quietly become the world’s second largest economy. ...

...ome tax reductions have given Canadian corporations the lowest tax rate on new business investment in the Group of Seven (G7). The provinces of New Brunswick (NB), Nova Scotia (NS), Prince Edward Island (PEI), Newfoundland ...

...se can be very helpful in obtaining an understanding of the IASB’s thought process underpinning certain aspects of standards, as well as providing some illust ...ing of a memorandum of understanding in February 2006. As a result of this process, in December 2007 the SEC made the decision to eliminate the reconciliation ...

...tle domestic payments and initiatives to support execution of cross-border payments. ...ring system. The UK Faster Payments Scheme is now used extensively to make payments and standing orders up to GBP100k in just a few seconds on a 24/7 basis. An ...

==The new regulators== The Act reforms the criminal law to provide a new, modern and comprehensive scheme for bribery offences that will enable cour ...

...etail net settlement systems used for the clearing of non-urgent/low-value payments. ...s in South Korea through its relay computers to process various electronic payments. It is divided into the following systems: ...

...of risks that must be subjected to a prudential regulation and supervision process to guarantee confidence in the system. The basic objective of the supervisory process of the Banco de España is to determine and keep the risk profile of each i ...

...se can be very helpful in obtaining an understanding of the IASB’s thought process underpinning certain aspects of standards, as well as providing some illust ...ing of a memorandum of understanding in February 2006. As a result of this process, in December 2007 the SEC made the decision to eliminate the reconciliation ...

For the new general hedge accounting model in IFRS 9 Financial Instruments (the standar Despite the new emphasis on reflecting risk management activities, the IAS 39 and IFRS 9 he ...

* propose new rules to address changing market conditions; and ...hts have been transferred to the Federal Reserve, the OCC, and the FDIC. A new regulatory arm with broad responsibilities – the Financial Stability Over ...

...ase as compared to the operating phase, similar to the introduction of any new product; ...siness strategy. Risks include wrong strategy, bad or failed acquisitions, new product failures, poor capital investment decisions, poor product mix, pric ...

...d to factor additional time into the issue timetable, in order to enable a new disclosure document (known as a drawdown prospectus) setting out the releva ...xt few years, following the introduction by the London Stock Exchange of a new trading platform called the “Order Book for Retail Bonds” (or ORB) in 2 ...