The Indian Finance Ministry has established regional debt recover tribunals to help relieve state-owned banks of non-performing loans; China has eased round trip investment rules and establishes three new private ...
Taiwan orders banks to inform clients on target redemption forward risks; the Reserve Bank of India said banks should not penalise borrowers who pre-pay floating rate term loans; Tax experts warn of more audits in ...
Recent tweaks to FX laws have caught treasurers by surprise. With increased anxiety about currency speculation and volatility, expect to see more in Asia-Pacific.
The OECD issues a country-by-country action plan on transfer pricing; China relaxes FX control to support corporate offshore debt servicing; and the State Bank of Vietnam has banned foreign currency transactions.
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.