巴塞尔协定三对银行产品的影响以及银行采取的应对措施是既统一也各异，就好比每个人都可以选择穿西服，但西服可以是礼服式的也可以是休闲西服，可以是平价款的优衣库也可以是优雅时尚的阿玛尼。西服是必须要穿的，尺码也给确定好了，每个人预算不同，而且在对穿西服这件事上每个人风格也不同，所以最后在晚会上每个人选择款式都不会是一样的。 Continue reading 巴塞尔协定三是如何影响虚拟资金池？说说你不得不知道的事
A series on what Treasury Professionals should know about Basel-3. This article explains why and how Risk-weighted Assets (RWA) affect Cash Pools (in particular Multi-Currency Multi-Entity Cash Pools). Also: the added value of RWA now that banks already need to meet ratios like Liquidity Coverage Ratio (LCR) and Leverage Ratio (LR). Continue reading Different treatment Single-Entity vs. Multi-Entity Cash Pools for Risk-Weighted Assets (RWA). Must-know about Basel-3. (4/4)
A series on what Treasury Professionals should know about Basel-3. In this article the timing of Lehman Brothers’ collapse and the introduction of Basel-3. Also a closer look at how Asia, in particular Singapore, got dragged in. Continue reading What was first? Lehman Brothers’ collapse or Basel-3? And how did Asia get dragged in? (3/4)
What Treasury Professionals should know about Basel-3. In this article “Leverage Ratio (LR) and Notional Cash Pools”. Many have overheard that also the LR seems at odds with Notional Cash Pools. What does it mean? Why and how does it hurt banks? Many have an opinion, but only few know the facts. This article explains. Continue reading Must-know about Basel-3: Leverage Ratio (LR) and Notional Cash Pools. (2/4)
What Treasury Professionals should know about Basel-3. Many have overheard that the LCR seems at odds with Notional Cash Pools. What does it mean? How is it calculated? Why and how does it hurt banks? Many have an opinion, but only few know the facts. This article explains. Continue reading Must-know about Basel-3: Liquidity Coverage Ratio (LCR) and Notional Cash Pools. (1/4)
On May 11, the Dutch Ministry of Finance published a new Transfer Pricing Decree. But don’t think this is an isolated case, applicable only to Dutch MNCs (Multinational Companies). This is a coordinated approach by Tax Authorities globally. Hence relevant for MNC’s worldwide. This article takes a closer look. Continue reading Transfer Pricing re-calibrated: “Value creation”. The new Dutch TP Decree.
Many have called it the most important number in the world, but soon it will disappear, the Intercontinental Exchange London Interbank Bank Offered Rate, otherwise known as LIBOR or ICE LIBOR (previously BBA LIBOR). LIBOR is the most widely used benchmark for short-term interest rates in the world. Banks and corporates rely on it extensively. So if LIBOR is so popular, why will it disappear and what is replacing it? What happens to LIBOR based products if LIBOR is no longer available? Continue reading Britain scraps world’s #1 benchmark LIBOR (from end of 2021) – but it is not solely a London problem!