DPR Pushes Competitive Incentives to Attract Global Capital
The PFII’s derivative rules will test whether incentives, legal certainty and simpler regulation can rival Singapore and Dubai.
The PFII’s derivative rules will test whether incentives, legal certainty and simpler regulation can rival Singapore and Dubai.
Both sites will use Danantara assets, with the first location chosen based on operational readiness.
The draft expanded from 53 to 73 articles after talks on special courts, arbitration, tax incentives and a golden visa.
The incentive would apply only to financial services that bring in foreign investment and would still be subject to the Global Minimum Tax.