Singapore’s tax authority rolls out new rules on transfer pricing reporting. Multinationals will have to invest in people and resources to ensure they are compliant.
Days left to respond to RBI's MNC FX derivatives plans; China to take hold of shadow banking OTC market: IFRS mulls financial statement changes... and more.
*China outlines reserves rule for foreign bank FX trading
*GMFA objects to proposed Basel III revisions on cash pooling
*Singapore confirms steps against financial cybercrime
*Safe lifts time restrictions on converting renminbi
*Malaysia and Australia combine for fintech
*Malaysia introduces new method for USD/MYR spot fixing
*FASB announces accounting rule update
Banking integration is widely seen as an obstacle to a truly united Asean economic community, but Indonesia, Malaysia and the Philippines have made progress on the issue.
China's Central Leading Group for Deepening Overall reform signaled a long-term plan for the 'negative list' policy in regulating foreign companies; Direct rupiah-RMB transactions proposed for China-Indonesia trade; ...