SAFE eases cross-border loan guarantee rules; HK court ignores China state secrecy laws; First loan under China-Korea currency swap transacted; Malaysia to roll out mobile e-payment platform.
China’s finance ministry has proposed eliminating audit licences for overseas-listed Chinese companies, throwing into doubt Alibaba’s planned IPO. Experts suggest state secret security could be a factor for the ...
China’s Ministry of Finance has proposed banning overseas accounting firms from auditing mainland companies; India’s Ministry of Corporate Affairs announced new rules on share capital and debenture ratios; and joint ...
China's banking regulators are working on a plan to manage domestic bank failures; The International Accounting Standards Board has revised IAS 16 and IAS 38 calculations; and Indian banks will be allowed to sell ...
Regulators in China have revised a requirement that foreign-invested enterprises (FIEs) undergo a joint annual inspection, in favour of an online report procedure.
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.
Utilising subsidiaries’ cash at the group level has become vital as more Asian corporates move onto the international stage. Bank independence is viewed as the Holy Grail of treasury.
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 ...