Indonesian accounting bodies have reaffirmed their commitment to fully converge with international reporting standards, but a lack of qualified accountants in the country could pose problems.
*Safe regulates capital outflow for inter-bank bond investment
*Thailand plans reporting exemptions for foreign issuers
*CFTC adopts X-border approach for uncleared swaps
*Indonesia moves to full IFRS convergence
China’s central bank and FX regulator have promised to make life easier for corporates looking for cheaper funding offshore. The policies are promising but the details are sketchy.
Leaked documents from Panamanian law firm Mossack Fonseca have already taken down political leaders. What risks should Asian corporates watch for? CT speaks to three leading experts on the matter.
With a referendum being held on June 23, a British exit from the European Union is now a distinct possibility. CT asks what the financial impact could be.