Country Report
POLAND: NEW ECONOMIC GROWTH PARADIGM WANTED
<strong>Poland | Country Report</strong><br />
Although still outperforming most of its neighbors, Poland needs to reinvent itself if it wishes to sustain long-term growth.
Economics, Policy & Regulation
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Capital Raising & Corporate Finance
PROXY VOTING: CHANGES TO ISS EQUITY PLAN GUIDELINES
<strong>Proxy Voting | Management</strong><br />
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.
Capital Raising & Corporate Finance
SOUTH AMERICA’S TOTAL TAX RATE SURPASSES THAT OF AFRICA
<strong>Corporate Tax | Trends</strong><br />
By replacing cascading sales taxes with a value-added tax (VAT), Africa has succeeded in lowering its total tax rate to 46.6% from a peak of 72.2% in 2005.
Capital Raising & Corporate Finance
SOVEREIGN DEBT: AFRICAN BORROWERS ACTIVE AHEAD OF FED RATE MOVES
<strong>Sovereign Debt | Capital Markets</strong><br />
Governments in Africa issued a record amount of debt in international markets in 2014, taking advantage of strong investor demand and low borrowing costs ahead of the Federal Reserve’s expected rate increases this year.
Economics, Policy & Regulation
TAIWAN: A TURNING POLITICAL TIDE
<strong>Taiwan | Milestones</strong><br />
Taiwan’s president Ma Ying-jeou and his Kuomintang party lost control of important political positions in late November, when Taiwanese voters chose opposition party and independent candidates in local elections across the island.
Award Winners
THE WORLD’S BEST FOREIGN EXCHANGE PROVIDERS 2015
Regulatory uncertainty, technological change and traders behaving badly have collided in a perfect storm for banks’ foreign exchange operations
Banking
TRANSACTION BANKING 2015: DISMANTLING SILOS
<strong>Special Report| Global Transaction Banking 2015 Preview</strong><br />
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.
Economics, Policy & Regulation
US: SHELBY TO HEAD SENATE BANKING COMMITTEE
United States | Newsmakers<br />
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.
Capital Raising & Corporate Finance
VANGUARD PUSHES FOR MINORITY SHAREHOLDERS’ RIGHTS
<strong>Activist Investing | Trends</strong><br />
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.
Capital Raising & Corporate Finance
‘GOOGLE TAX’ ON MULTINATIONALS HEATS UP GLOBAL CORPORATE TAX DEBATE
<strong>UK Corporate Tax | Trends</strong><br />
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.
Economics, Policy & Regulation
The UK’s Google Tax: Much Ado About Nothing?
George Osborne,Chancellor of the exchequer in the United Kingdom unveils the outline of a “Google tax”.
Economics, Policy & Regulation
Cybersecurity – 2015’s Top Priority
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?