Articles tagged with:
hedging

  • Multi-coloured slinky

    Your flexible friend (part two)

    In part two of this insight we look at how the IAS 39 accounting standards are shifting to IFRS 9, three experts from PwC discuss the potential benefits of the new rule set.

  • Piggy bank money box

    EMIR: the in-house bank effect

    With the introduction of new banking regulations and widespread reform in the derivatives market, hedging is becoming an increasingly complicated and costly undertaking for many corporate treasurers. The introduction of an in-house bank could offer a way for corporates to simplify the process and reduce their costs, says Jan Vermeer, Director of consultancy firm Treasury Services.

  • Colorful toy slinky

    Your flexible friend (part one)

    The shift from IAS 39 to IFRS 9 accounting rules is a progressive affair. Three experts from PwC discuss the positives and negatives of hedge accounting for the modern age. Part one looks at what has changed.

  • Snowboarder jumping high

    Hot commodities

    Commodity price volatility is a major risk to corporates in a variety of industries – and not just the obvious ones. While difficult to predict, it can be managed in a number of ways, ranging from simply raising awareness of the risks to hedging with derivative instruments. But why should corporates be thinking about commodity risk now more than ever before?

  • Dandelion being blown in the wind during sunset

    The hedge of darkness

    All businesses are exposed to market risk of some form. A common response is to hedge against those risks but in accounting terms this can create undesirable P&L volatility. Hedge accounting may be an effective remedy to this problem, but it can be a demanding process. Treasury Today calls upon a number of experts to shed some light on this dark art.

  • Russian Ruble notes and coins

    Ruble all over the world

    The Central Bank of Russia has reconfirmed that it plans to allow the ruble to freely float in 2015. This move seeks to tackle inflation and encourage investment into the country’s stalling economy. We explore the potential effects of this on corporate treasury operations in Russia.

  • Stuart Kirk, Xerox

    Corporate View: 
    Stuart Kirk, Xerox

    Stuart Kirk attributes his disciplined methodological approach to his Yellow Belt for Lean Six Sigma business processes. His quest for clarity and order saw Kirk collecting the Best Foreign Exchange Solution at Treasury Today’s Adam Smith Awards 2013.

  • Male eye being scanned for recognition

    IAS 39

    When International Financial Reporting Standard 9 (IFRS 9) eventually becomes mandatory in 2015, treasurers will no longer have to apply International Accounting Standard 39 (IAS 39). But what was IAS 39 and why was it introduced in the first place? In this article, Treasury Today summarises one of the most complex accounting standards and explains why, following the recent financial crisis, calls mounted for a new standard to be introduced in its place.

  • Lightning storm surrounded by dark clouds

    The storm before the calm

    The volatility in the global economic environment has spilled over into the foreign exchange (FX) market, which is experiencing significant moves and liquidity problems. The FX world is very different from a decade ago and therefore so too are FX risk strategies.

  • Mark Tweedie and Joakim Lidbark

    The secret to EM success

    In a recent ‘Finger on the Pulse’ poll on Treasury Today, the majority (61%) of respondents chose foreign exchange (FX) as their biggest cash and risk management concern when operating in emerging markets (EM), followed by cash flow forecasting and visibility and then regulatory complexity. Mark Tweedie, Head of Sales EMEA, Corporates, Treasury and Trade Solutions and Joakim Lidbark, Global Head CitiFX Corporate Solutions, Foreign Exchange, outline Citi’s strategy for helping clients navigate liquidity management challenges in the EM.