Fighting Cybercrime in the UAE: Building a Treasury Game Plan

South Africa’s major corporates seem to be unconcerned about the impending transition from interbank offered rates to alternative reference rates. The scale and complexity of the transition should not be underestimated by treasurers, who must ensure their business is well prepared to avoid significant disruption.

Joerg Wiemer, CEO, Treasury Intelligence Solutions (TIS) talks to the Editor about how centralising sanctions screening, and integrating it into the payment process, can help to keep corporates safe from compliance breaches.

The EU and UK negotiators have now agreed on a withdrawal agreement. As the deadline for Brexit approaches, however, one thing is becoming clear: a painless deal is not an option for either side.

Issues such as late payments can negatively affect the relationship between the treasurer and the supplier. However, when these types of scenarios are perceived as opportunities rather than risks, both parties are able to benefit.

The SWIFT KYC Registry for corporates is a new central repository for standardised KYC information that will address current inefficiencies. It provides a secure self-service repository, simplifying the way that multi-banked corporates exchange and maintain their KYC due diligence details with their banks.