Banks, liquidity and MNCs
The regional treasurer at Henkel KGaA discusses banking regulation trends and how these are impacting on liquidity management for MNCs operating in Asia.
Jason Wong, regional treasurer for German multinational Henkel KGaA, says there are three main trends in banking regulations in the region.
Firstly banking regulators in the region are looking to improve the efficiency of liquidity management. Thailand is an example of this as the banking authorities are in the process of implementing the National Interbank Transaction Management Exchange ITMX. This is an electronic system which will eventually replace the existing paper-based payment system, and will improve the overall efficiency...
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