South Korea | Country Report
One of Asia’s most powerful economies, South Korea is maneuvering deftly between even more powerful neighbors and allies.
Corporate Finance & Capital
UK Corporate Tax | Trends
Britain likely will succeed in taxing multinational companies at a 25% rate on their UK operations beginning in April, without violating international tax treaties, analysts say, but tensions are rising between countries on suspicions that MNCs are engaging in global tax evasion.
Renminbi | Trends
Autumn was a sweet season for the offshore progress of the renminbi. One-third (31%) of major German corporations polled in a November survey by Deutsche Bank are trading in renminbi with cross-border customers and suppliers, while another 17% said they intended to do so in 2015.
Corporate Debt | Capital Markets
Euroclear will extend its cross-border settlement services at the end of January to Mexican corporate debt instruments known as cebures, or “bourse certificates.” This will enable Mexican companies to issue peso-denominated debt specifically targeted to international investors.
Proxy Voting | Management
Proxy advisory firm ISS updated its proxy voting guidelines last fall to introduce a more detailed approach to the recommendations it makes on companies’ equity plans and shareholder proposals for an independent chairman. The changes could create uncertainty for companies during this year’s proxy season.
Regulation | Management
In October the OECD’s Base Erosion and Profit Shifting (BEPS) project released a report outlining its progress on a series of steps it was taking to combat tactics—often legal but ethically questionable—used by many multinational companies to reduce or eliminate tax liabilities across their operations.