IAS39 amended for macro hedging
In previous versions of the standards, macro hedging -- fair-value hedge accounting for a portfolio hedge of interest rate risk -- would not qualify for hedge accounting unless a link could be established between derivatives and their underlying assets or liabilities. This proved a major point of contention for banks.
But IAS39 now allows for hedged items to be designated as an amount of a currency rather than as an individual asset or liability. It also allows the gain or loss attributed to the
More on Corporates
Shell picks Bloomberg for Treasury system
Solution available for any corporates around the world, Bloomberg says
Corporates pay little heed to last look or FX Global Code
A bank signing a statement of commitment to the 55 principles is not a deciding factor for corporates
UK corporates lose out as sterling slides, study says
Importing firms see average profit loss of 12% following Brexit vote, finds Western Union
Australian corporates pessimistic on Aussie
A survey by East & Partners shows Australian corporates preparing for their country's currency to weaken
HSBC: global acceptance of redback is rising
Figures come from the bank's 2016 renminbi internationalisation survey, conducted with 1,600 corporates across 14 countries
China’s FX reform hit treasurers the most – JP Morgan survey
Senior financial executives from more than 100 global and regional corporates responded at Asia-Pacific Treasurers Forum
Corporates expect long-term negative impact of Brexit
45% of corporates domiciled in continental Europe believe Brexit will have a negative impact; with almost 30% of their UK counterparts sharing the sentiment, says a survey by Greenwich Associates
Corporate FX deals up 102% since UK referendum
UK exporters benefit from the weaker pound, according to in-house data from Moneycorp
