FX Week Asia: Exemptions offer little solace for corporates
Corporate treasurers remain concerned about increased hedging costs as a result of new regulation, and expect banks to pass the costs on – despite exemptions for corporate hedging
The increased costs of currency hedging as a result of mandatory central clearing, reporting and collateralisation remains a major concern for corporates, despite the fact they will be exempt from some of the requirements, according to speakers at the FX Week Asia conference in Singapore yesterday.
"There is a great deal of confusion about what exemptions will and will not be given, but even if we
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