Tackling Late Payment
Trade credit and financial credit can both be subject to late payment, but enforceable compensation clauses kick in when...
accountingcpd blog
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Santander Acquisition of Banco Popular Espanol Should Set the Alarm Bells Ringing
It was announced recently that Santander had acquired Banco Popular Español for €1, and that Santander intended to launch a rights issue and...
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Current Limitations to the Scope of Virtual Account Systems if Full AML-CFT Complianc ...
Corporates generally wish to reduce the number of bank accounts they run, and to have greater central control over the activity across them....
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Announcements of the Eurozone Economy's Recovery May Be Premature
A lot has been made of the recent, more positive statistics on Eurozone growth, which might lead Cash Managers to anticipate a rise in Euro...
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Basel III Promises Huge Shake-Up in Cash Management Products
The new Basel III rules promise to significantly disrupt some of the flagship services offered by banks to their corporate customers under the...
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No End to Low Yields But New European Banking Crisis on the Horizon
There is no end in sight to the low-yield environment around the Euro and all currencies associated with it. This is...