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.
Governments are increasingly sensitive about the impact of transfer pricing. As economies dull, tax becomes a very thorny issue. CT reports on the regulatory moves to prevent tax from leaking out
As the SEC delays its decision to fully adopt the global accounting rule that has been rolled out across Asia, CT asked Yin Toa Lee, a partner and financial services leader of Ernst & Young, how Asia’s CFOs should ...
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.