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What would be the correct price (i.e., the armís length transaction) of a cash transaction under BEPS (Base Erosion Profit Shifting) Actions 8-10? Thatís a key question which every treasurer of an international group needs to address.
MeliŠ Hotels' treasury team was looking to access faster and more flexible liquidity as means of speeding up the cash conversion cycle. They decided to implement a receivables finance programme with HSBC that would respond to the company's current and future needs.
A lasting partnership between Bahrain-headquartered AIG and BNP Paribas has kick-started a number of long-term digitisation and automation initiatives, resulting in improved finance and treasury processes.
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