News & Insights

Deloitte Biennial Global Corporate Treasury Survey 2017

5 September 2017: Deloitte surveyed more than 200 global companies across all industries to determine the current challenges treasurers and their teams face, and consider the changes since the last global survey undertaken in 2015. Questions included how tax and banking regulations are impacting the Treasury teams, whether their function is evolving strategically and how it is organised to manage ongoing market volatility.

The Right Way to Approach Foreign Currency Net Investment Hedging…

Net investment hedging is an area that is often neglected and misunderstood. Yet ignoring the FX risk in your foreign operations can result in significant losses in shareholder value.

Any investment manager will tell you that when allocating investment capital to foreign assets, FX risk has to be managed just as importantly as any other risk.

So why is there so much variation in practice when it comes to corporations hedging the FX risk in their foreign interests? The following are some of the reasons why.

XVA - Issue Snapshot by Cale Bennett

What is XVA?
Why is XVA important for Treasurers?
Will this have a positive or negative impact?
How can the impact be reduced?
When did this become an issue?

Bitcoin, Blockchain & Distributed Ledgers: Caught Between Promise & Reality

Blockchain’s genesis in Bitcoin: in October 2008, Satoshi Nakamoto proposed a combined digital asset and peer- to-peer payments system in his paper, Bitcoin: A Peer-to-Peer Electronic Cash System. The first Bitcoin was minted on January 4th 2009, the first payment occurred on January 11th, and the software was released as open source on the 15th, enabling anyone with the required technical skills to get involved.

How has South32 streamlined its payments process?

The Australian mining giant has utilised SAP’s In-house Cash module to drive efficiency and reduce costs.

South32 is a globally diversified metals and mining company, with operations mining and producing bauxite, alumina, aluminium, energy and metallurgical coal, manganese, nickel, silver, lead and zinc in Australia, Southern Africa and South America. The focus of the company’s operations is in the Southern Hemisphere, with a head office in Perth and regional hubs in Perth and Johannesburg

Insights CFO Sentiment | Edition 3

Confidence amongst CFOs continues to improve alongside the positive fortunes of the global economy.
That doesn’t mean that uncertainty doesn’t continue to prevail, but Australia’s most senior finance executives remain comfortable in the face of the challenges it presents. Risk appetite is up, innovation and technology – from blockchain to automation – remain keys to productivity improvements, and workforce wellness has emerged as an important focus.

What did Australia’s most senior finance executives make of the first half of 2017?

IFRS 9

Good things come to those who wait, Nik Tandy, Head of Thought Leadership - Asia Pacific Global Markets HSBC writes, IFRS 9 / AASB 9 finally becomes mandatory in Australia in 2018. Initial proposals for the new Standard were first made public back in 2009, but it took until July 2014 before a comprehensive Standard was issued.

Striving for the Summits of Treasury with BNP Paribas – EACT – PwC - SAP Fintechs, Blockchain, Big Data: What’s in it for Corporates? What do we know? Real-time payments: How fast is fast in the world of treasury? Can technology alone put an end to cyber threat?