Side-Stepping Landmines

Side-Stepping Landmines

Participants in LatinFinance's annual Treasury and Cash Management Roundtable.Currency controls. Transaction taxes. Flippant politicians. Operating in Latin America can be like walking through a veritable minefield for treasurers at multinational companies. As soon as they devise a strategy for a new tax – poof – it can disappear. And while local knowledge and connections are essential, the keepers of the keys sometimes find themselves having to nix the nepotism and put an end to long-standing cozy relationships when tidying up the ranks. Participants in this year's LatinFinance Treasury and Cash Management Round Table touched on a number of the dicey situations they ru

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