Jay Harrison, Deloitte’s leader of advisory in audit, Hong Kong, explains how treasurers determine what a “strategic” business shift is under the new FASB rules.
Updates to the FASB reporting guide regarding discontinued operations will expose companies’ strategic business shifts more easily. CT finds out how to mitigate this new risk.
Hong Kong’s tax bureau appears to be taking a new strong stance on companies who use its shores for cheap trade financing. A recent ruling indicates that companies can be taxed even its key operations are based ...
China plans Beijing-Tianjin-Hebei Free Trade Zone; The People's Bank of China and Deutsche Bundesbank signed an agreement to enable renminbi clearing in Frankfurt; The Reserve Bank of India relaxes rules for smaller ...
The Reserve Bank of India eased rules for importers and exporters hedging FX exposures; The People’s Bank of China and the Bank of England signed an agreement to enable renminbi clearing; US SEC steps up confrontation...