Structural Regulation

Structural Regulation

Taiwan, Korea Reciprocally Lower Taxes on Dividend, Interest Income

By Editors | 01/01/2024

The agreement was signed in November 2021 after seven years of negotiations. It has taken until now for the required legislative processes.

Structural Regulation

Korea Advances Work to Implement Revised Asset Securitisation Act

By Mark Johnston | 29/12/2023

Effective from 12 January 2024, the revised law will enable a wider range of companies to issue securitised assets.

Trading & Investment

SEBI Proposes Material Price Movement for Rumour Verification

By Nithya Subramanian | 29/12/2023

It has proposed that instead of material events, rumour verification of material price movement should be done within 24 hours.

PEPs & Sanctions

Taiwan Expands Export Controls to Prevent Russian Use of High-Tech Goods

By Editors | 28/12/2023

Taiwan is expanding its export controls to take into account items found on the battlefield in Ukraine by international allies.

Structural Regulation

RBI Proposes to Introduce New Category of Money Changers

By Ajoy K Das | 28/12/2023

The RBI proposes to allow businesses to deal in foreign exchange through an agency model by becoming forex correspondents of authorised dealer banks.

Trading & Investment

JBATA Publishes Feedback From Euroyen TIBOR Consultation

By Editors | 27/12/2023

Most respondents said “six months before the cessation date” is a desirable timing to cease entering into new Euroyen TIBOR contracts.

Payments & Settlements

Cambodia, China Launch Cross-border QR Payment Link

By Editors | 27/12/2023

Visitors from China can use UnionPay-enabled mobile apps to scan KHQR codes in Cambodia. By early 2024, Cambodian residents will be able to use their Bakong wallets in China.

Structural Regulation

India Competition Commission Proposes New Penalty Computation Rules

By Ajoy K Das | 27/12/2023

The CCI says indirect taxes, trade discounts and intra-group sales will be excluded from turnover when calculating penalties for competition law violations.

Conduct, Culture & Accountability

India’s NFRA Detects Deficiencies in Big Four Audit Processes

By Ajoy K Das | 26/12/2023

The National Financial Reporting Authority published inspection reports of BSR & Co, Deloitte Haskins & Sells, SRBC & Co and Price Waterhouse Chartered Accountants.