China's State Administration of Foreign Exchange revises assessment methods on banks in FX compliance; Non-Chinese firms permitted for data and transaction processing; Hong Kong Monetary Authority extends operating ...
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 US Securities and Exchange Commission issues final extension on China audit ban; The Reserve Bank of India allows infrastructure refinance; and the Russian Finance Ministry orders moves to IFRS accounting standards.
The last remaining Asian jurisdictions agreed in substance to comply with US FATCA, last week. Corporates should analyse entities in group companies for FATCA status.
ASEAN+3 go together at the World Bank Annual Meeting to strengthen their Chiang Mai Initiative foreign exchange regime; The CIRC opened a new financing outlet for China's shadow banking through insurance companies; ...
China and Russia sign a slew of finance and trade deals, including a Rmb150 bln swap agreement; The HKMA courts Thai renminbi business with special promotions for the Chinese currency; China's Ministry of Finance ...
As China signs onto an intergovernmental agreement to comply with US FATCA regulations, questions remain about formats and deadlines, but its reach is inescapable.
Nobuo Mori, managing director of AlixPartners’ financial advisory services group, gives his input on common transfer pricing issues in Asia-Pacific and how to avoid being entangled with the tax bureau.