China’s X-border transaction curbs are hindering companies that want to pay off debt offshore and increasing their appetite for X-border guarantee financing. But firms must play nice and not step across the line.
Singapore’s tax authority rolls out new rules on transfer pricing reporting. Multinationals will have to invest in people and resources to ensure they are compliant.
Days left to respond to RBI's MNC FX derivatives plans; China to take hold of shadow banking OTC market: IFRS mulls financial statement changes... and more.
In China, regulators have tightened their grip on the bill financing sector in the wake of a series of fraud cases. But companies are desperate for a quick risk-management cure.
HKMA releases circular on cybersecurity rules; CFTC to expand hedging exemptions in limits amendment; China dumped market-based mechanism for RMB in Jan; SEBI applies KYC norms to ODI issuers; and much more…
The discrepancy between China’s trade surplus and bank FX receipts in 2015 raises questions, says CICC. It predicts more intense scrutiny, with a focus on trade-based capital outflows.
Chongqing launches RMB programme with Singapore; Swift and CIPS to cooperate on cross-border interbank payment system; Singapore drops RTC tax rate to 8%; India and Sri Lanka sign $700m currency swap deal; SGE and ...