Location Criteria for Establishing the Treasury Centres in South East Asia

Abstract

The paper investigates the location criteria (LC) that must be evaluated when establishing regional treasury centres (RTCs) across the region of South East Asia, considering exceptional position of Singapore and Hong Kong there. The paper contributes to the understanding of the LC assessment before establishing the RTC in any location. The changes to attract multinational companies to set up the RTC in any region include tax, educational and banking system reforms in addition to political and economic stability, comprehensive legislation, strong regulatory and supervisory frameworks, low costs for business operations, etc.

Keywords: South East Asia, cash pooling, regional treasury centre, international treasury centre, financial centre

JEL Classification: G15