Tag: x-border

U.S. proposes changing the global tax system for corporates * OECD inks tax co-operation * Shanghai to build X-border RMB payment and clearing center * SGX revises calculation methodology *Thai ministry grants foreign institutions rights to issue baht-denominated bonds * And more.

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 .