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Facing Regulatory Headwinds: How Cash Management May be Effected by Worldwide Rule Changes

In today’s dynamic global economy, treasurers are increasingly focused on financial risk.  A Citi Treasury Diagnostic survey revealed that 83%…

By Cindy Gerhard, Global Head of Product Management, Liquidity Management Services, Citi Treasury and Trade Solutions and Mali Bartlett, North America Liquidity Product Development & Balance Sheet Management Head, Citi Treasury and Trade Solutions | Updated on May 21, 2014

In today’s dynamic global economy, treasurers are increasingly focused on financial risk.  A Citi Treasury Diagnostic survey revealed that 83% of respondents have put a treasury policy in place to cover liquidity risk and 79% have a policy to cover counterparty and credit risk.  When asked how often they assess their liquidity and funding risk, 70% of those surveyed indicated that they review risk at least quarterly.  It is considered best practice to have a comprehensive policy in place that is reviewed on a regular basis, putting the company in a strong position to deal with the implications of regulatory headwinds.

Over the past few years, regulators and governments throughout the world have been introducing new regulations with the goal of shoring up the global financial system.  Regulations, such as Basel III, FATCA and SEPA, are changing the way banks do business, and in so doing, are impacting multinationals that do business with them. 

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