Indonesia’s new tax scheme is incentivising companies to revalue their fixed assets as soon as possible. Its major MNCs have already signed up, but are unsure of how to implement it.
China's Central Leading Group for Deepening Overall reform signaled a long-term plan for the 'negative list' policy in regulating foreign companies; Direct rupiah-RMB transactions proposed for China-Indonesia trade; ...
Regulatory roundup: The PBoC relaxes capital account control by allowing onshore RMB conversion; China’s congress vote removes loan-to-deposit ratio requirement; RBI discloses D-SIB list, with additional common ...
Vietnam Bank for Agriculture and Rural Development has signed up for Swift’s Know Your Customer (KYC) Registry. Similar initiatives could help treasurers get onboarded with banks faster.
Bank Indonesia’s no-dollar rule for cash and non-cash domestic transactions is in effect, exposing some treasurers to more rupiah volatility. They are looking closely at the policy’s exemptions and grace measures to ...
Indian banks given power to own defaulting companies; Bank Indonesia uses fines and foreign exchange regualtions to tackle declines in rupiah; Hong Kong banks are targeted for Anti-Money-Laundering violations