China’s new rules on foreign CPAs auditing overseas listed Chinese companies will change the shape of auditing in China, but ultimately brings it in line with international standards.
Surveys show 74% of corporates with renminbi exposures cite CIPS delays as their most important regulatory concern, while others identify deregulation.
China has further simplified outbound and inbound investment regulation in China; Alibaba has been "ordered" out of Taiwan for disguising Chinese ownership of its Taiwan entity; The Reserve Bank of India has ...
The China Banking Regulatory Commission (CBRC) issued draft rules intended to curb entrusted loans; Indonesia's legislature intends to continue to cap foreign banks, while seeking lower capital requirements 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.