Tag : fatca

Malaysia's low-tax jurisdiction, like other such territories, is seen to be facing a challenge amid the take-up of information-exchange initiatives. AsianInvestor spoke to its director-general.

Onshore service providers in Taiwan have been touting the country as an "unnoticed tax haven" as it is lagging on agreeing to the common reporting standard. Is that set to change?

The stationing of US tax investigators in its Hong Kong consulate signals that America's hunt for taxation evaders has moved to Asia, following years of probes and fines in Europe.

A fast-rising number of Americans based in the region are disposing of their US citizenship, citing the increasing difficulty of managing their financial affairs due to growing regulatory demands.

Taiwan unveils Singapore stocks link; Australia secures RQFII quota; PBoC releases RQDII rules; Thai Reits set for inheritance tax; Hong Kong signs Fatca as deadline looms; chairmen set for cross-Strait talks; Stability Board urges unity; and Asic eyes disclosure innovation.

Stock Connect expanded; Iosco, IMF flag shadow banking concerns; MAS readies Fair rules; Australia eyes disclosure regime changes; Pimco faces probe; and Singapore readies for Fatca.

Since the US anti-tax evasion law only covers the sharing of information on certain financial instruments, China's agreement to comply may prompt mainland investors to seek assets outside the rules' scope, say observers.

With China agreeing in principle to comply with the US anti-tax evasion law, it looks like mainland fund houses, among others, will have to fall in line, despite many thinking they might be free to choose not to.

Rules requiring firms with alternative funds structured in UK overseas territories to comply with tax reporting will be enforced next year, but have largely flown under the radar.

HK, Singapore complete Fatca talks; insider traders face Hong Kong ban; Australia eyes deregulation; EU reconfirms transaction tax; HK issues product approval guidelines; US gives green light on OTC Clear.

The US has offered foreign institutions some relief by extending its deadline for Fatca compliance. But uncertainties remain, with a buyside counsel warning against complacency.

Fund houses slam FSB proposals; Singapore, Taiwan bourses set for cross listing; Australia signs up for Fatca; IPO process thawing in China; mainland authorities tighten shadow banking rules.