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AsianInvestor's regulatory round-up, Apr 3

China said mulling Fatca-like scheme; QFII/RQFII ownership rules eased; mutual recognition requirements "agreed"; HK SFC warns on Fatca; UK tax to hit foreign property investors; ICI Global publishes research.
China: Mainland said mulling Fatca-like scheme China is said to be considering implementing a scheme like US’s Foreign Account Tax Compliance Act (Fatca) to combat tax evasion by Chinese nationals, reported the South China Morning Post last Friday (March 28). With tax evasion on top of the agenda for members of the Group of 20 countries, the next step after the implementation of the US’s Fatca is to have the system “multilateralised”, Richard Weisman, a lawyer at Baker & McKe…
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