International Content

[13767] August 10, 2001 TO: ACCOUNTING/TREASURERS COMMITTEE No. 24-01 INTERNATIONAL COMMITTEE No. 50-01 PENSION COMMITTEE No. 55-01 TAX COMMITTEE No. 23-01 RE: UNITED STATES AND UNITED KINGDOM SIGN NEW INCOME TAX CONVENTION The United States and United Kingdom signed a new income tax...

[13821] August 10, 2001 TO: INTERNATIONAL COMMITTEE No. 49-01 RE: RECENT CHANGES TO BANK OF ITALY’S APPROVAL PROCESS FOR UCITS FUNDS SOLD IN ITALY The Bank of Italy has issued a communication simplifying certain aspects of the approval process for distribution of UCITS fund shares in...

[13804] August 3, 2001 TO: INTERNATIONAL COMMITTEE No. 48-01 RE: MALAYSIA ANNOUNCES INTENDED LIBERALIZATION OF ASSET MANAGEMENT INDUSTRY Earlier this year, the Malaysian Securities Commission published its “Capital Markets Masterplan.” The CMM sets forth six key objectives and 152...

[13777] July 31, 2001 TO: INTERNATIONAL COMMITTEE No. 47-01 TAX COMMITTEE No. 22-01 RE: NEW PROPOSAL BY THE COMMISSION OF THE EUROPEAN UNION ON THE TAXATION OF SAVINGS INCOME On July 18, 2001, the Commission of the European Union (EU) issued a new proposal for a directive on taxation...

[13771] July 26, 2001 TO: ACCOUNTING/TREASURERS COMMITTEE No. 23-01 INTERNATIONAL COMMITTEE No. 46-01 TAX COMMITTEE No. 20-01 RE: DATA COLLECTION FOR 2001 PFIC SURVEY UPDATE Each year, the Institute collects information from members regarding foreign companies that may be treated as...

[13751] July 20, 2001 TO: INTERNATIONAL COMMITTEE No. 45-01 RE: INSTITUTE LETTER TO SINGAPORE MINISTRY OF FINANCE REGARDING SECURITIES BENEFICIAL OWNERSHIP REPORTING REQUIREMENTS On July 20, 2001, the Institute submitted a letter, a copy of which is attached, to the Ministry of...

[13743] July 18, 2001 TO: INTERNATIONAL COMMITTEE No. 44-01 RE: CHANGE AND NOTICE OF MEETING - OCTOBER 24, 2001 Please note that the date and location of the next International Committee meeting has been changed. The next International Committee meeting will be held on Wednesday...

[13670] July 16, 2001 TO: INTERNATIONAL COMMITTEE No. 43-01 PENSION COMMITTEE No. 47-01 RE: JAPAN PASSES DEFINED CONTRIBUTION PENSION LEGISLATION On June 22, the Japanese Diet passed significant defined contribution (“DC”) pension legislation. The new law allows Japanese companies to...

[13705] July 6, 2001 TO: INTERNATIONAL COMMITTEE No. 42-01 RE: DELAY OF BASEL COMMITTEE’S CAPITAL ADEQUACY PROPOSALS On June 25, 2001, the Basel Committee on Banking Supervision issued a press release stating that the Committee has decided to modify the timetable for completion and...

[13702] July 3, 2001 TO: INTERNATIONAL COMMITTEE No. 41-01 RE: ADOPTION BY PARLIAMENTARY COMMITTEE OF AMENDMENTS TO THE PROPOSED EU DIRECTIVE ON OCCUPATIONAL PENSIONS On June 21, 2001, the European Parliament’s Economic and Monetary Affairs Committee (EMAC) adopted a report on the...