Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
The days of paying in US dollars between corporate treasuries in four ASEAN countries could soon be numbered following an agreement between Thailand, Indonesia, Malaysia and the Philippines
Bank Indonesia governor pledges to reduce reserve burden for Islamic banks and those holding foreign currency deposits, in move to reduce the impact of US rate hikes.
The booming Philippines is ripe for tax reform and the country's Bureau of Internal Revenue (BIR) has targeted transfer pricing, with particular goals for advanced pricing agreements.