CT has compiled the key takeaways of China’s new cross-border renminbi cash-pooling policies, to give treasurers and CFOs a clear view of what’s been changed.
Treasurers at MNCs, Chinese multi-nationals, and banks confirm that new measures raising the ceiling for RMB x-border sweeping transactions were welcomed .
Delivered to you through a variety of articles, roundtable events, and webcasts all designed to offer simple advice on how to tap new treasury and banking opportunities, ANZ and CT are proud to announce the launch of the "Across Borders" series.
After latest news on OECD’s transfer pricing transparency initiative, treasury consultants warn that compliance burdens will dump a ‘mess’ on Asian RTCs.
The OECD has secured approval from the G20 to launch negotiations between governments on a multilateral instrument to implement tax treaty related transfer pricing measures.
Feb 10, 2015
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One of Singapore’s largest conglomerates has raised a Rmb50 million loan through a special pilot scheme set up in Tianjin. Similar transactions across China are expected.
CT ‘s abridged guide to China’s new guidelines on nationwide cross-border renminbi (RMB) cash pools and centralised payment and collections under current account.
Accountancy firm LehmanBrown briefed the market, and CT, in August, outlining the key points of China’s Circular 642 covering receipts and payments linked to cross-border capital.
Dutch hydraulic-cylinder maker Hyva transacted its first renminbi inter-company loan from China to its headquarters, completing its application in just two-and-a-half weeks.