The imposition of tariffs on cross-border trade between the United States and Canada has introduced significant challenges for businesses engaged in this highly integrated supply chain. With over C$3.5 billion worth of goods and services traded daily, the new tariffs, including a 25% tariff on
As we approach 2025, China's data protection framework continues to evolve, significantly impacting multinational companies operating within its borders. The rapid advancements in data protection laws, driven by the Chinese government, are underpinned by crucial legislation: the Cybersecurity Law
In today's globalized economy, the ability to conduct seamless cross-border transactions is crucial for businesses. However, the current payment ecosystem is fragmented and siloed, posing significant challenges for Business-to-Business (B2B) payments. Interoperability emerges as a key solution to
In a significant move towards strengthening data governance and addressing cybersecurity concerns, the Cyberspace Administration of China (CAC) introduced new draft measures for the certification process of personal information protection in cross-border data transfers (CBDT) on January 3, 2025.
In today's interconnected world, cross-border transactions have become a common aspect of global business and personal finance. However, the complexity of U.S. tax laws can create significant challenges for individuals and businesses engaged in these international dealings. The U.S. tax system's
China’s foreign exchange regulator, the State Administration of Foreign Exchange (SAFE), recently introduced stringent new rules aiming to intensify oversight of cryptocurrency activities. Set to become effective by December 31, 2024, these regulations specifically target illegal cross-border
