As allegations of GlaxoSmithKline corruption spreads across the globe, China consultants at Protiviti advise on how to effectively screen drug suppliers and perform better internal control.
Siemens, Alibaba, Huawei and ZTE are all in the second batch of SAFE’s pilot for cross-border FX cash sweeping, netting and centralised payments transactions, CT has learnt.
Many of China’s small exporters denied hedging tools have warmed to the new FX hedging offering from Alibaba’s subsidiary Shenzhen OneTouch Business Services.
Starting September 1, China’s authorities on FX and taxation will roll out a new record-filing system to simplify tax compliance for outbound remittances.
The US has kicked the deadline to hit FATCA regulations down the road; Burma has promised more central bank autonomy by splitting its ties with the finance ministry; the Reserve Bank of India fiddles again with FX ...
With more than half of US-listed Chinese firms using variable interest entities (VIEs) under tighter regulatory scrutiny, CT sought expert views on how to address the heightened risk and whether it makes sense to ...
Hong Kong’s tax bureau initiated its first transfer pricing audits and probes in 2012. CT asks Loretta Shuen, chairperson of the taxation committee of CPA Australia’s Greater China chapter, to outline the new landscape.