Basel III already raising costs for long-dated FX, argue corporates
Corporate treasurers are already seeing their hedging costs rise for longer-dated foreign exchange contracts as the impact of post-crisis capital and derivatives regulations filter through to end-users, according to panellists at the annual conference of the Association of Corporate Treasurers (ACT) in Liverpool on May 10.
"We are certainly starting to see in our long-dated foreign exchange book how credit pricing is starting to show through, where the impact starts from 2013 and goes out to
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