Treasurers are broadly pleased with Hong Kong’s recent tax proposals to attract treasury centres, but they fear more needs to be done to differentiate the city from Singapore and Shanghai.
Keen to appease treasurers, the Bank of Thailand plans to relax foreign exchange regulations to make the country more attractive for setting up corporate treasury centres.
The People's Bank of China cut the renminbi benchmark lending and deposit rates, while further liberalising market limits; The State Bank of Vietnam’s raised the USD/VND exchange rate; India's new electronic Know ...
With the US IRS making FATCA registration and GIIN data public, compliance consultants are building business intelligence databases that CFOs and treasurers might be interested in.
The Hong Kong Monetary Authority has set final leverage ratio standards for financial institutions; The Monetary Authority of Singapore revised anti-money laundering rules; and China eliminates export tariffs on metal
Perusahaan Listrik Negara, signed a BI mandated foreign exchange line facility with Bank Mandiri, Bank Negara Indonesia and Bank Rakyat Indonesia; The State Council of China will tighten capital adequacy requirements ...