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SINGAPORE, Mar. 17, 2020 /PRNewswire=KYODO JBN/--

The Association for Financial Professionals (AFP) has released the 2020 AFP

Asia-Pacific Treasury Management Handbook (https://c212.net/c/link/?t=0&l=en&o=2747557-1&h=2358749029&u=https%3A%2F%2Fdynamic.afponline.org%2Fapachandbook%2Fp%2F1&a=2020+AFP+Asia-Pacific+Treasury+Management+Handbook ),

sponsored by Kyriba and released in collaboration with China NationalAssociation of Finance

Companies (CNAFC), the Association of Corporate Treasurers Singapore (ACTS), and

the Japan Association for Chief Financial Officers (JACFO).

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The APAC Treasury Management Handbook provides an overview of the elements of

treasury management and includes guidance on the core tasks of a regional treasury centre.

Organized into two parts, the handbook will support treasury professionals working in

the Asia-Pacific region. The first part of the handbook  analyses 12 elements of treasury

management, while part two offers profiles of 15 different countries throughout the APAC

region, detailing the financial environment within each country.

The new APAC handbook:

- Enhances existing operations, whether regionally or in a single country in APAC.

- Assists treasury departments with expansion into APAC, utilizing the

cornerstones of risk management, liquidity management and the

implementation of proper controls.

- Shortens the learning curve for all operational aspects of a treasury function.

"As organizations have embraced global opportunity and expanded into new

markets, treasury functions have also grown, both strategically and operationally,"

said Himashi Soriano, AFP Managing Director, APAC. "AFP's new handbook acts as

an overview of the key fundamentals of treasury management, as well as an in-depth

look at the region itself. It's a must-have for practitioners new to Asia-Pacific, as well as

ones who have operated in the area for years."

"New business in the fast-developing Asia region is driving financial

complexity with different regulatory requirements and business practices that

treasury professionals will have to manage," said JaeSon Kim, APAC Managing

Director at Kyriba. "Technology can be a great enabler for practitioners who

want to take advantage of the knowledge the new AFP handbook offers. We are

happy to partner with AFP to help empower finance and treasury leaders in APAC."

For press queries, please contact Melissa Rawak at mrawak@afponline.org.

About AFP(R)

Headquartered outside of Washington, D.C. and located regionally in Singapore,

the Association for Financial Professionals (AFP) is the professional society

committed to advancing the success of treasury and finance members and their

organizations. AFP established and administers the Certified Treasury Professional

and Certified Corporate FP&A Professional credentials, which set standards of excellence

in treasury and finance. Each year, AFP hosts the largest networking conference worldwide

for more than 7,000 corporate financial professionals.

SOURCE: Association for Financial Professionals (AFP)