Governance, Regulation & Compliance

New Basel III liquidity rules for banks may force multinational corporate clients to hold more cash in local branches.

In a presentation in New York on February 18—his first official visit to the US since his appointment—Brazil’s Finance minister Joaquim Levy said that Brazilians are learning by doing.

Management | Shareholder Activism
A battle is heating up ahead of the DuPont’s annual shareholders meeting, planned for April.

Milestones | European Union
Regulators had Web giants like Google and Apple in their sites when they framed a new value-added tax (VAT) regulation for businesses selling digital products into the European Union
 

Special Report | SEPA
With SEPA migration projects mostly completed, it is time for treasurers to start thinking about the next steps in regulatory compliance and process automation.

Global Finance sat down with Murat Doğan Erden, Turkcell Group’s chief financial officer, to discuss the economic and business outlook for Turkey and the challenges confronting Turkish corporates.

United States | Newsmakers
After the Republican victory in the 2014 US midterm elections and an eight-year hiatus, Richard Shelby, a senior senator from Alabama, has taken over his old post as chairman of the Senate Committee on Banking, Housing and Urban Affairs.

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. 

Special Report | Global Transaction Banking 2015 Preview
Last year brought a vastly altered landscape for transaction banking—and the same is likely to be true of 2015. Regulatory reform and new developments in data analytics and mobile banking will drive change.

Activist Investing | Trends
Vanguard CEO William McNabb is making it plain that he wants the many public companies in which the world’s second-largest fund management firm owns significant minority stakes to take Vanguard as seriously as they take activist 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.

Regulatory uncertainty, technological change and traders behaving badly have collided in a perfect storm for banks’ foreign exchange operations

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.

George Osborne, Chancellor of the exchequer in the United Kingdom unveils the outline of a “Google tax”.

Last year ended with a data breach of the US retailer Target, this year "The Sony Hack".  What will 2015 hold for cyberattacks and cybersecurity?

European Banking | Trends
The degree to which the recent stress tests of big European banks by EU regulators lack credibility is becoming clear.
 

Website design is becoming more important than ever, particularly in areas such as ease of use, security features, integrated functions and aesthetics.
 

US & China | Milestones
“This is a major milestone in the US-China relationship, and it shows what’s possible when we work together on an urgent global challenge.”

China | Milestones
China will allow foreign firms to increase their ownership stakes in encouraged sectors and enter into previously protected industries, according to investment guidelines drafted by the National Development and Reform Commission.

Global Finance held its 18th Annual Best Banks Awards ceremony in Washington in October—during the Annual IMF/World Bank conference. Honorees from around the world were present to accept their awards.