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RBI seeks comments on mobile banking report, as well as payment systems security; Indonesia’s Financial Services Authority, the OJK, is looking into tax breaks for investing in local corporate debt; and the US ...
CT reveals how banks in Asia are performing in the areas of tax and regulatory advisory, foreign exchange, interest rates, securities services, and technology.
China has eased the tax and regulatory burden for FX remittances made offshore; Bank Indonesia embroiled in bizarre toilet trading oddity; India shifts monetary policy to save rupee
Asian-based companies are apparently lacking the wherewithal to fight corruption and India, Indonesia and China are suffering most for it in the fraud league tables.
The latest fraud survey by Ernst & Young reveals as the economic downturn draws on, CFOs in Asia are more willing to massage company numbers to keep ahead of the game.