Welcome to the Fall 2011 edition of FSTP Perspectives. Our previous edition focused on the evolving financial market regulations and their impact on local regulatory and tax authorities, taxpayers, historical transfer pricing positions and results. While this area continues to evolve, this edition shifts our focus to regional developments, especially outlining transfer pricing updates specific to the financial services sector in key geographic regions and how these might impact your business. This edition contains articles addressing:
- The impact of Dodd-Frank on credit ratings
- The New Russian transfer pricing rules: potential influence on the banking and financial sector
- Asia-Pacific, India and Luxembourg transfer pricing updates
- FSTP Masterclass Shanghai - insights and observations on the tax authorities' initiatives
We hope you find these articles useful. If you have any questions or clarifications on these or related transfer pricing issues, please feel free to reach out to your regular PwC transfer pricing contact or a member of the editorial team.