Amid a host of anti-money laundering regulations, lenders are tightening the screws on cross-border payments. Treasurers in Hong Kong, for example, are being requested to supply detailed information on beneficiaries ...
HSBC was granted the power to make tax payments on behalf of its clients in Shanghai - the first foreign bank to receive it. The news could reduce the need for international companies to open accounts with local ...
After 13 years in the wilderness, the Malaysian Association of Corporate Treasurers (MACT) officially re-launched. A key aim will be to lobby on behalf of its members and help educate the treasurers, especially those ...
Shanghai's free trade zone (FTZ) is now officially open. CT breaks down the key policy ambitions,business opportunities, registration requirements, and present hurdles.
J.P. Morgan has provided its clients with advice on how to get the green light from the People’s Bank of China (PBOC) to conduct a cross-border renminbi intercompany loan. Here is a précis of the guidance: