Without a crystal ball, it is difficult to predict which path the economic recovery will take. How can treasurers take action to avoid uncertainty and ensure their cash management and investment strategies are fit-for-purpose in the new operating environment?
Krzysztof Łukosz and Martin Druga, EY Netherlands, provide an overview of the The New OECD Transfer Pricing Guidance on Financial Transactions, a report that will have significant impact on intra-group treasury operations of multinational companies from both non-financial and financial sectors.
In 2019, HSBC excelled in sharing knowledge with clients and creating leading edge solutions to fit treasurers’ current needs and future aspirations, making them the undisputed winner of TMI’s Award for Global Bank of the Year for Cash and Liquidity Management.
Li & Fung Limited partnered with HSBC to consolidate its bank accounts and redesign its existing liquidity structures to make better use of internal liquidity. The company's treasury now has real time control of its cash and has assumed a more strategic role within the organisation.