Nepal’s central bank, the Nepal Rastra Bank (NRB), has issued new rules reducing capital requirements for foreign banks, and banning representative offices from banking activities in the country. More
The Qatar Financial Centre (QFC) Regulatory Authority has released new rules for setting up a representative office (rep office) in the QFC. The QFC is a global business and financial tax-free zone with a double taxation avoidance agreement network with 81 countries, operating within a legal environment of English common law. More
