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.
China signals RMB appreciation on the cards; Alibaba creates China’s first small loan securitisation; India departing from monetary tightening strategy
CT reveals how banks in Asia are performing in the areas of tax and regulatory advisory, foreign exchange, interest rates, securities services, and technology.
The booming Philippines is ripe for tax reform and the country's Bureau of Internal Revenue (BIR) has targeted transfer pricing, with particular goals for advanced pricing agreements.
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
Scandal-hit Libor sold for $1.50 to NYSE Euronext; China announces 10 key financial policy measures: India bans banks from prop trading on currency derivatives.