Whilst UK companies can account in euro and submit their returns in euro to Companies House, the UK VAT authorities are insisting on all of their information being in sterling. A UK company can issue a euro invoice with VAT calculated in sterling at the rate that day, but the company receiving the invoice may find that the rate has moved significantly, and it will lose out on the VAT conversion.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more