There is growing demand among Japanese companies to have a robust cash management structure that covers their global operations so that they might conform to new J-SOX compliance requirements, says Citi.
Clients will have enhanced visibility of global cash positions, stronger risk management and security, and more efficient cash utilisation.
Many Japanese blue-chip companies have established good control over local company subsidiaries but they could improve controls over their global operations. We are trying to help these clients to establish these stronger global operations,ö says Hiroyuki Soejima, treasury and trade services head at Citi in Japan....
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