Hong Kong's crackdown on backdoor listings now in force; Global financial system watchdog flags stablecoins as huge regulatory risk; API industry standards in the works
Australia clarifies tax perks for payments made to foreign subsidiaries; Singapore issues tax treatment guide for "hybrid" instruments; Russian companies to pay for trade in RMB
Hong Kong published the new listing rules on July 23. Matt Emsley and Jason Sung, Hong Kong-based partners of law firm Herbert Smith Freehills, explain key changes and how the IPO approval procedure will be streamlined.
An analysis of thousands of financial statements has established convincing evidence to prove that mainland Chinese companies more dependent on funding from offshore investors will provide more accurate reporting standards.
May 3, 2013
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As the minimum public offering (MPO) rule goes into effect on December 31, 25 companies may face tax penalties and eventual delisting from the Philippines Stock Exchange (PSE).
Newly-appointed CFO to ChinaCast Education, Doug Woodrum, has had a torrid few months culminating in the delisting of the company shares on the Nasdaq.
Chinese education company ChinaCast has had its stocks frozen. The new CFO is trying to regain listing compliance but allegations of company theft is making life difficult.