Tag: counterparty

Europe will delay the Basel III deadline for bank capital requirements for six months at least. Originally set to go live in January 2013, Europe now follows the US in postponing the regulations.

Francis Wai King-fai, CFO of Dah Chong Hong Holdings, Hong Kong’s trading, auto and logistics conglomerate, talks to CT about the trials of piloting cash pooling in China, searching for non-European banks, and hedging out FX risk.

Ocean Park Corporation’s CFO, Matthias Li Sing-chung, talks to CT about the cost of expanding the Hong Kong theme park, cash flow, counterparty risk and the proper way to account for animals in the books.