Singapore and China launch direct RMB trading, integrating Singaporean banks in China's interbank trading system; Commercial banks such as HSBC and DBS have been identified as RMB/SGD market makers; China's supreme ...
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 ...
The Supreme Court of the Philippines suspended a Bureau of Internal Revenue regulation requiring increased disclosure in the country; The Reserve Bank of India revised regulations to increase credit in the Indian ...
The Indian Finance Ministry has established regional debt recover tribunals to help relieve state-owned banks of non-performing loans; China has eased round trip investment rules and establishes three new private ...
The PBOC has issued a directive to banks releasing targeted industries from inclusion in Chinese banks' loan to deposit ratios:The Philippines has clarified its value added tax rebate process; and Taiwanese banks ...
As China signs onto an intergovernmental agreement to comply with US FATCA regulations, questions remain about formats and deadlines, but its reach is inescapable.
EY has delivered a disc of accounting records held in Hong Kong for its Chinese client Standard Water after a lengthy trial, but has continued appeals; The RBI has allowed Indian LLPs to invest in Indian companies ...
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.