The Reserve Bank of India issued guidelines for its new receivables discounting system; Russia passes laws protecting in-country financial services, such as auditing; Thailand's issues new capital registration rules.
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.
The People's Bank of China issued a consultation paper on its deposit insurance scheme; Macau, Cambodia, and the Philippines will be treated as FATCA compliant, sign new IGAs; Australia will delay its Real Time Gross ...
Australia and China have signed an unprecedented free trade agreement that breakdowns nearly all tariffs and trade barriers; Thailand and Hong Kong have progressed on FATCA implementations; Singapore and Taiwan will ...
The Reserve Bank of India is imposing capital and requirements and deposit restrictions on shadow banks; Bank Negara Malaysia signed an MOU with the People's Bank of China (PBOC) to implement renminbi clearing in ...
Grant Thornton’s Vietnam director Pham Ngoc Long, takes CT through the steps of tax inspection in Vietnam following pressures on tax departments to meet annual state budgets.