Two experts from PwC provided an overview of the FY2014 tax reform, the details of which were publicized by the government at the end of December. The presentation focused on the introduction of new rules for branch profit attribution, as well as other aspects of the FY14 reform which may be relevant to the banking sector.
There have been a number of recent initiatives to upgrade the clearing/settlement infrastructure for global markets, particularly in relation to collateral management. At this presentation, speakers from Euroclear Bank mapped out the future landscape of the securities market infrastructure, including how JGBs may be affected.