巴塞尔协定三对银行产品的影响以及银行采取的应对措施是既统一也各异，就好比每个人都可以选择穿西服，但西服可以是礼服式的也可以是休闲西服，可以是平价款的优衣库也可以是优雅时尚的阿玛尼。西服是必须要穿的，尺码也给确定好了，每个人预算不同，而且在对穿西服这件事上每个人风格也不同，所以最后在晚会上每个人选择款式都不会是一样的。 Continue reading 巴塞尔协定三是如何影响虚拟资金池？说说你不得不知道的事
A series on what Treasury Professionals should know about Basel-3. This article explains why and how Risk-weighted Assets (RWA) affect Cash Pools (in particular Multi-Currency Multi-Entity Cash Pools). Also: the added value of RWA now that banks already need to meet ratios like Liquidity Coverage Ratio (LCR) and Leverage Ratio (LR). Continue reading Different treatment Single-Entity vs. Multi-Entity Cash Pools for Risk-Weighted Assets (RWA). Must-know about Basel-3. (4/4)
A series on what Treasury Professionals should know about Basel-3. In this article the timing of Lehman Brothers’ collapse and the introduction of Basel-3. Also a closer look at how Asia, in particular Singapore, got dragged in. Continue reading What was first? Lehman Brothers’ collapse or Basel-3? And how did Asia get dragged in? (3/4)
What Treasury Professionals should know about Basel-3. In this article “Leverage Ratio (LR) and Notional Cash Pools”. Many have overheard that also the LR seems at odds with Notional Cash Pools. What does it mean? Why and how does it hurt banks? Many have an opinion, but only few know the facts. This article explains. Continue reading Must-know about Basel-3: Leverage Ratio (LR) and Notional Cash Pools. (2/4)
What Treasury Professionals should know about Basel-3. Many have overheard that the LCR seems at odds with Notional Cash Pools. What does it mean? How is it calculated? Why and how does it hurt banks? Many have an opinion, but only few know the facts. This article explains. Continue reading Must-know about Basel-3: Liquidity Coverage Ratio (LCR) and Notional Cash Pools. (1/4)
On May 11, the Dutch Ministry of Finance published a new Transfer Pricing Decree. But don’t think this is an isolated case, applicable only to Dutch MNCs (Multinational Companies). This is a coordinated approach by Tax Authorities globally. Hence relevant for MNC’s worldwide. This article takes a closer look. Continue reading Transfer Pricing re-calibrated: “Value creation”. The new Dutch TP Decree.
Must read for those involved in Client Tax Integrity. Paradise Papers in relation to China. All-inclusive research into why Chinese multinational companies are registered in tax havens. A closer look at the Chinese expansion strategy, and why offshore entities in tax havens fit that strategy. A detailed examination of the advantages of tax havens and the resulting Chinese selection criteria applied to territories for overseas entities. This against the backdrop of tax evasion and aggressive tax avoidance. Continue reading Comprehensive Probe Into How And Why Chinese Companies Use Tax Havens And Offshore Financial Centres – A Tax Integrity Reference Work.