Ernst & Young Monthly News August 2007
Publications
(PDF English, 396 kB)
With Solvency II approaching, insurance groups need to take a hard look at their corporate structure and intragroup risk
transfer arrangements. As capital markets place further pressure on groups to increase capital efficiency, companies need
to redefine the way they manage risk, and re-evaluate existing policies and procedures. This report discusses the
implications, benefits, risks, group requirements and conceptual framework that will help insurers navigate through this
complex process and prepare themselves as best as they can for what lies ahead.
(PDF English, 156 kB)
What thoughts will be on the minds of those responsible for corporate governance as they read Transparency International’s
recent Bribe Payers Index and Corruption Perceptions Index?
(PDF English, 4.07 MB)
Geneva Trading and Shipping Association GTSA in association with Ernst & Young
(PDF English, 188 kB)
The New China-Singapore Agreement for the Avoidance of Double Taxation
(PDF English, 128 kB)
Despite the continuing delays in the release of the China Transfer Pricing Contemporaneous Documentation Ruling,
there have been further key developments in China's transfer pricing environment. Some of these developments were included
in the tax reform measures passed by the National Peoples Congress in March. However, more immediate issues have arisen
for new circulars issued by the State Administration of Taxation ("SAT") and actions being taken by some major tax jurisdictions
in China. These developments indicate that transfer pricing continues to be a key focus area for the SAT. The details of
these developments are discussed in this issue.