All posts tagged "Tax"
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10Fintech / RegtechGDF Consults on Global Code of Conduct for Crypto Businesses
The Code includes commitment to comply with standing laws and regulations, ensure appropriate systems and processes, and treat customers and their assets...
June 22, 2018 -
58AML / KYCForeign Tax Status Disclosures Required by New Zealand Banks
Banks required to report customers' foreign tax status by 30 June; customers that do not respond may have their accounts frozen or...
June 7, 2018 -
78Capital RegulationChina Resolves to Boost SMEs Financing to Mitigate US Tax Cut
Cabinet extends VAT exemption three more years for small firms, cuts reserve requirement at banks, commits to increasing financing options; PBOC reforms...
June 4, 2018 -
47Asia-PacificMalaysia Scraps GST on Banking Products
Effective 1 June, Malaysian banks will impose a zero percent GST on all banking products and services, previously subject to 6% GST.
June 4, 2018 -
69AML / KYCAustralia Consults on Cash Payment Limits
Government proposes limit of A$10,000 for cash payments to stamp out illegal payments and black economy; transactions exceeding limit must use electronic...
May 28, 2018 -
87Hong KongHong Kong Allows Corporate Setup for Investment Funds
SFC’s new open-ended fund company (OFC) regime will allow investment funds to set up under corporate structures starting from 30 July 2018.
May 19, 2018 -
103Asia-PacificThailand ‘Digital Asset’ Decree Takes Effect
Cryptocurrencies now defined as digital assets, granting the SEC powers to regulate; exchanges have 90 days to register with SEC.
May 17, 2018 -
166AML / KYCACAMS 2018: Rising to the Financial Crime Challenge
Recently in Hong Kong, ACAMS brought financial industry participants to discuss action to combat financial crime. Progress on regulation, advancements in technology...
May 10, 2018 -
75Asia-PacificThailand Targets Bank Mergers to Boost Regional Competitiveness
BOT supports incentives for merged banks including extra deductions for corporate income tax and waivers from other tax obligations.
April 28, 2018 -
96FeatureHong Kong Work Plan Includes Incentives for Fund Industry
Government reviewing and enhancing existing tax concession arrangements for fund industry; HKMA to launch real-time payments, issue virtual bank licences this year.
April 20, 2018
