Anti-money laundering rules are not fit for purpose and this has led the way for the introduction of corrupt funds in the UK.
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Chief economist at NTMA, Rossa White, and MEP Brian Hayes spoke at the IACT conference in Dublin this week about Ireland’s economic journey and in what direction the country will move in the future.
International money transfer has grown to become a consumer market worth an estimated £400bn globally.
Payments services company Western Union has finalised a deal, under which US users of social communication platform WeChat can make global cross-border payments to 200 countries.
A new partnership between financial date integration and processing software provider Volante Technologies and BT has been formed and it is expected that this will help financial market firms minimise risk.
Regulatory pressure will continue to be an issue for banks, but BlackRock’s improvement of its securities lending has meant that an increased number of financial institutions now prefer to use the asset manager to offload riskier assets.
In order to prevent fraud, the implementation of a strong treasury controls system is important. Essential information from a variety of corporations in how to eliminate fraud is imperative to identifying areas where organisations need to improve and address future threats.
The significant growth in economic and human development in Bangladesh has been a catalyst for new trade in the country. However, only if the infrastructure is improved and the export base broadened can its true potential be shown.
Ahead of the rate rise for the first time since the 2008 financial crisis, corporate debt offerings have increased US issuance to record levels because more and more companies are looking to finance big ticket acquisitions.
In their fifth annual Corporate Cash Investment report, SunGard provides an insightful look into how regulation affects how treasury professionals view cash investment, investment policies and transaction execution.