The Judicial Committee of the UK Privy Council (UKPC) has held that a Mauritius bank's duty of confidentiality does not arise from the Banking Act 2004 (the 2004 Act) but exists at common law and equity.

The England and Wales High Court (EWHC) has rejected a will challenge made by two brothers on the basis of mutual wills allegedly made by their parents; however, it allowed the claim on the alternative ground of proprietary estoppel.

The King’s Bench for Saskatchewan has declined to apply the “armchair rule” in an intestacy case, with the result that a brother inherits part of his sister’s estate despite an assault conviction and a long-term estrangement.

Portugal's prime minister has suggested that the country's non-habitual tax resident regime may be terminated from 2024.

The manual for the UK Trust Registration Service (TRS) has been amended several times over September 2023, as HMRC continues to iron out details of the complex rules for compulsory registration.

With only three months to go before the reporting obligations of the federal Corporate Transparency Act (the Act) come into force, the US Department of the Treasury is proposing that companies created or registered in 2024 will be granted 90 days, instead of 30, to file their initial beneficial ownership reports.

The Law Commission for England and Wales (the Law Commission) has launched its supplementary consultation on the law of wills.

The Costa Rica Legislative Assembly (the Legislative Assembly) has voted to re-approve Legislative Decree No. 10.381 (the Degree), despite president Rodrigo Chaves Robles partially vetoing it. The amendments aim to see the country removed from the EU list of non-cooperative jurisdictions for tax purposes.

STEP has responded to HM Treasury’s consultation on reforms to anti-money laundering (AML) and counter-terrorism financing (CTF) supervision rules, arguing in favour of increasing the range of powers of the Office for Professional Body Anti-Money Laundering Supervision (OPBAS).

The Australian government is consulting on draft legislation that would expand promoter penalty provisions and increase Australian Tax Office (ATO) powers.