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The move by the US accounting standards agency follows a similar one by the International Accounting Standards Board, and poses challenges for corporates operating in the Asia-Pacific.
Regulatory roundup: Vietnam opens non-performing loans market to foreign investors; China's foreign exchange unit inks deal with CME Group; Europe and Vietnam agree on free trade deal
Regulatory roundup: ISO revises currency codes - rules out bitcoin; Japan establishes council to enforce corporate governance code; Philippines issues guidance on separation of clients' assets
Regulatory roundup: China proposes cap on online payments; Taiwan banks allowed to issue foreign currency negotiable CDs; HKMA fines State Bank of India
Regulatory roundup: China to price and settle crude oil futures in renminbi; Indonesia prepares for SMEs to list on stock exchange; China lifts oil import rules.
The 3rd Annual Compliance Summit Asia, presented by Finance Asia in association with The Corporate Treasurer focuses on understanding regulation and enhancing the compliance function.
Malaysia's finance ministry announced a new goods and service tax (GST) that will be implemented in 2015; The Reserve Bank of India expanded its definition of willful defaulters; and Singapore has issued a consultatio...