A new discussion draft on financial transactions may point the way for future laws on transfer pricing and the role of corporate treasury in intragroup transactions.
Beijing overcomes its previous reservations to sign up for OECD rules on base erosion and profit sharing. State media hails the move as good news for CFOs.
*China opens interbank money market to foreign FIs
*OECD finalising BEPS multilateral instrument
*PBoC appoints RMB clearing banks in US, Russia
*China begins direct trading of RMB, Saudi riyal and UAE dirham
Leaked documents from Panamanian law firm Mossack Fonseca have already taken down political leaders. What risks should Asian corporates watch for? CT speaks to three leading experts on the matter.
China's Securities Regulatory Commission plots expanded scope for money market funds; the OECD is targeting Permanent Establishment rules for transfer pricing; The Reserve Bank of India is rewarding prompt fraud reporting