The People's Bank of China launches RMB/EUR trading; the Hong Kong financial system weathers protests; and the Reserve Bank of India consults on new regulatory philosophy.
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 ...
As China signs onto an intergovernmental agreement to comply with US FATCA regulations, questions remain about formats and deadlines, but its reach is inescapable.
China and the US have negotiated an in substance agreement to exchange information in compliance with FATCA; meanwhile, Korea has implemented FATCA compliance rules; and Shanghai has opened up restricted industries ...
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.
Zhou Xiaochuan, governor of the People’s Bank of China, outlined plans to liberalise China's deposit rates; Hong Kong Exchanges and Clearing Limited (HKEx) will provide for after-hours trading of renminbi futures ...
The Organisation for Economic Co-operation and Development (OECD) has issued the Common Reporting Standard to streamline global processes; China eases M&A rules; and the myriad effects of Hong Kong's new Company ...
India's interim budget cuts excise taxes to stimulate domestic economy; Bank Indonesia has overseen wide agreement on an MRA that paves the way for rupiah money markets; IMF working paper contrasts with China's view ...
The OECD issues a country-by-country action plan on transfer pricing; China relaxes FX control to support corporate offshore debt servicing; and the State Bank of Vietnam has banned foreign currency transactions.
China will eliminate the requirement for ministry-level approval on foreign direct investment (FDI), as well as expand Value Added Tax reform; and the Philippines SEC hikes transaction fees.