Japanese Economy Sets Stage For Global Cash Management. Who can service?

Japanese Economy Sets Stage For Global Cash Management. Who can service?

A closer look at why the Japanese economic landscape (aging and shrinking population, near flat GDP and retained earnings leads to an increased focus on global cash management. But also a look at if Japanese banks can still catch-up in order to meet demand? What serious challenges do newcomers to this area face. Especially a diversified client-base may prove to be an “Achilles’ heel”. Continue reading Japanese Economy Sets Stage For Global Cash Management. Who can service?

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Who and What Determines Offshore Ethics? – A perspective on tax avoidance, KYC v2.0

Who and What Determines Offshore Ethics? – A perspective on tax avoidance, KYC v2.0

The Cayman Islands may be beautiful, but the world’s wealthy, and some of the world’s biggest businesses are there for another reason, its financial system. This article sheds light on how this works, against the backdrop of tax avoidance, the moral aspects, and financial institutions’ Customer Due Diligence / Know Your Customer. Continue reading Who and What Determines Offshore Ethics? – A perspective on tax avoidance, KYC v2.0

A Holistic view on Transfer Pricing – IRAS follows the Global Trend.

A Holistic view on Transfer Pricing – IRAS follows the Global Trend.

November 3rd this year, the IRAS (Inland Revenue Authority of Singapore) published an update of its guidelines as it pertains to related party transactions. Starting 2018, if the value of related party transactions in the audited accounts for the financial year exceeds a fairly low threshold of 15 million SGD, certain details of these related party transactions must be reported. Continue reading A Holistic view on Transfer Pricing – IRAS follows the Global Trend.

Singapore’s new rule on MNC transfer pricing ups reporting burden – In interview with The Corporate Treasurer – by Ann Shi.

Singapore’s new rule on MNC transfer pricing ups reporting burden – In interview with The Corporate Treasurer – by Ann Shi.

Singapore’s tax authority roll out new rules on transfer pricing reporting. Multinationals will have to invest in people and resources to ensure they are compliant. An interview with Ann Shi for the Corporate Treasurer Asia. Continue reading Singapore’s new rule on MNC transfer pricing ups reporting burden – In interview with The Corporate Treasurer – by Ann Shi.

Customer Due Diligence and KYC – Understanding Your Bank’s challenges.

Customer Due Diligence and KYC – Understanding Your Bank’s challenges.

Regulators expect financial institutions to become the gatekeepers for preventing the misuse of the financial system for activities like money laundering and terrorist financing. Therefore compliance-risk, as well as controlling integrity-risks, has become one of the most significant ongoing concerns for financial-institution executives. Tighter compliance regulations have challenged financial institutions in a variety of ways. Continue reading Customer Due Diligence and KYC – Understanding Your Bank’s challenges.

Treasury models are adapting for purpose – In interview with Treasury Today Asia.

Treasury models are adapting for purpose – In interview with Treasury Today Asia.

A corporate treasury focused purely on executing transactional activities is a rare thing – if one still exists. The role of treasury has developed into a far broader function and phases such as strategic advisor are now thrown into the mix. But what does this mean and how does selecting the correct treasury structure enable an advisory function? Treasury Today Asia looks at how different treasury models, including hybrid centralisation, have evolved to fulfil the multiplying needs placed on different treasuries. An interview with Treasury Today Asia. Continue reading Treasury models are adapting for purpose – In interview with Treasury Today Asia.