Examining a practical solution to reducing the administrative burden of making double tax treaty claims in order to reduce/relieve the need to withhold tax on cross-border lending.
An ‘effective hedge’ both from an accounting as well as from an economical perspective, is one which tracks positions and weighs the real $ costs associated with hedging and also re-hedging (how could I get out of a position? Can the price be challenged etc.).
Ratings provide a reference point that investors use to evaluate a security or issuer's potential eligibility for the inclusion of that investment in a portfolio. Without ratings, investor uncertainty about the credit quality of the investment could undermine the confidence of investors.
This article addresses the problems of the way in which ESMA plans to apply the exemption granted to corporate treasurers for dealing in OTC type derivative products. Over three and a half years after the start of the long-drawn out financial crisis, the regulators have still not delivered this …
European treasurers keep asking the EACT whether it sees something coming in terms of of a financial instruments accounting standard. Whilst slow in coming, the final version of IFRS 9 should be published very soon.
Is the ‘collateralisation’ requirement (via CCP) under EMIR causing treasurers to lose sight that of the reports and confirmations that need to be issued?
Whether we like it or not, in future the hedging of financial risks may never be the same again. In one sense, the dilemma is in choosing between significantly better hedging or trading terms - but with potential cash volatility and higher administrative cost in exchange, and poorer terms with no …