Everything corporate treasurers need to know about hedging FX risk as the dollar soars.

It won’t have escaped your notice but there are further regulatory changes coming down the track. Hard on the heels of European Market Infrastructure Regulation (EMIR), the second iteration of Europe’s Market in Financial Instruments Directive (MiFID II) and the Markets in Financial Instruments Regulation are under way.

Electronic trading in the fixed income markets is at a crossroads. Regulatory pressures and capital constraints have changed the economics of the business and promise to create a new market structure. In this emerging world, the buy-side community has the opportunity to be increasingly active as the balance of power shifts. That’s good news for trading and communications platforms, which up to now had been constrained by the use of the telephone and a long-established two-tiered market structure.

As universal lenders retreat from key markets, VTB Capital is pushing hard into industries that will increasingly define the 21st century, from ports services to infrastructure and logistics, building strong and enduring relations with a host of powerful corporates in the global ascendancy.

New regulations are radically shifting the prime brokerage landscape, and market participants are changing their business models to adapt. James Shekerdemian, Global Head of Prime Brokerage Sales, Societe Generale Prime Services, looks at how services are evolving in response to new rules.

The latest RUSSIA CALLING! forum, held by VTB Capital in Moscow, proved to be another unalloyed success.

Trailblazing software specialist InfoWatch has long been one of Russia’s brightest tech-sector prospects. Spun out of software giant Kaspersky Lab more than a decade ago, it now bestrides the industry, helping leading Russian and global firms to combat cyber-attacks and protect against internal breaches. We spoke to InfoWatch CEO and founder Natalya Kaspersky about the firm’s – and Russia’s – increasingly bright future.

Russia and China are entering a golden age, as the two superpowers finesse political relations, boost the mutual use of one another's currencies and forge profitable new bilateral trade routes. An economic relationship that could define the 21st century is beginning to come of age.

Public-private partnerships are all the rage in Russia, with toll roads, motorways, airports and medical facilities springing up around the country. New PPP legislation passed this year, which protects the right of all investors, is expected to boost interest even further, dragging in global capital in the years and decades to come as Russia looks to fill a $1 trillion infrastructure gap.

Russia's debt and equity capital markets are rebounding fast, along with a resurgent onshore and cross-border M&A industry. At RUSSIA CALLING!, VTB Capital is laying the groundwork for multinational firms seeking to invest in the resurgent economy, helping investors to accelerate regional growth, and identifying emerging trends in the domestic and offshore DCM and ECM, along with a host of other business and investment opportunities.

Russia's economy is over the worst and on the mend. Economic growth might have dipped as oil prices tumbled, but a weaker rouble also meant higher exports and a more competitive economy. The next big step is to return the country to growth, with gross domestic product set to turn positive in 2016, ahead of schedule.

In its ‘Doing Business 2015’ report, the World Bank once again ranked Singapore as the easiest place in the world to do business. This validation of Singapore’s success in encouraging and facilitating international trade and investment is very positive, but we cannot be complacent. Rather, we need to look at what has contributed to Singapore’s success in the past, what is changing, and how we can build for the future.

In the third and final article on innovation in cash management, Benoit Desserre (Global Head of Payments and Cash Management), Eric Bayle (Head of Payments and Cash Management in the UK) and Bart De Boer (Head of Payments and Cash Management in Germany) discuss recent and future developments in cash management in Europe.

Santander puts corporate and social responsibility at the heart of its culture. The bank undertakes a wide range of initiatives supporting higher education, sustainable communities and the environment and climate change.

Final implementation of MiFID II is now just under 18 months away, yet the systems required to comply with the APA regime for pre- and post-trade reporting have not yet been built. Time is running out for the industry to assess the implications of these rules and to build the systems to comply, says Chris Leonard-Appleton at Thomson Reuters.

DONG Energy was created from a merger of six companies in 2006, each with its own procedures, systems and bank relationships. Bringing its finance processes into alignment was a huge undertaking – but one that has been vital to the company’s success.

In the second of a series of articles on innovation in cash management, Michelle Wang (head of payments and cash management in China), Louis-David Rouyer (head of payments and cash management in Hong Kong & Singapore) and Benoit Desserre (global head of payments and cash management) at Société Générale discuss recent and future developments in cash management in Asia.

The treasury can expect a bright future at the top table – so says research conducted by Nordea. We surveyed 82 large corporate treasuries and interviewed more than 60 CFOs and treasurers to find out how the treasury function has changed and what it will look like by 2017.