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IAFEI Quarterly, Thirtieth Issue, October 4, 2015

Table of Contents

page 1-3

Letter of the Editor page 4 Australia, Article: Australia Closes Tax Loopholes by Christoph Hein, Frankfurter Allgemeine Zeitung, Frankfurt am Main, Germany, September 17, 2015 …………………………………………………………….. page 5 Austria, Article: Nurturing Talent to Promote Treasury Excellence by Jan-Martin Nufer , Director Treasury & Funding, Borealis Group, Austria, from Treasury Management International , Issue 235, 2015, UK ……………………………………………….................... page 6-8 Brazil, Article: Brazil in the Downward Spiral by Carl Moses , from Frankfurter Allgemeine Zeitung, Frankfurt am Main, Germany, August 18, 2015 ……………………………………………………………… page 9-10 China, Interview: Renmimbi could rank alongside the US dollar and euro Interview with Joachim Nagel, member of the executive board of the Deutsche Bundesbank/ German Central Bank, published in Stuttgarter Nachrichten on September 14, 2015, interview conducted by Sabine Marquard. Translation: Deutsche Bundesbank ………………………………………………………… page 11-13 Germany, Interview: Asia, Asia, Asia Where Deutsche Bank’s transaction bank wants to grow and where it will invest EUR 1 billion in the next five years. Interview with Mister Werner Steinmüller , Head of Global Transaction Banking and Member of the enlarged board of management of Deutsche Bank Group, from Börsen-Zeitung, Frankfurt am Main, Germany, June 23, 2015. Article provided by the German IAFEI Member Institute, the Association of Chief Financial Officers Germany …………………………………………………………page 14-22

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IAFEI Quarterly | Issue 30 | 1