China puts outbound trade payments under the microscope in bid to tackle illegal foreign exchange transactions. For treasurers, it means more work to comply and big risks for those that fail to do so.
Malaysia’s PM promises to deliver some ‘liberalisation’ in the domestic FX market in the future, months after the country banned the offshore NDF market. But the lack of detail is disappointing.
High scores in the banking regulator’s benchmarking exercise are vital if an IHB is to win approval to expand its range of services. CT spoke to an SOE treasurer on how the process works.
Almost nine in ten companies operating in China experienced some form of fraud in 2016, with one third naming senior/middle management as key perpetrators, according to a recent Kroll report.
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.