A mutual evaluation of Paraguay's anti-money laundering (AML) regime notes that the country is largely or fully compliant with 38 of the Financial Action Task Force's (FATF’s) 40 recommendations.
Section
Published date
23/11/2022
A marriage contract signed by a couple in France has been upheld as valid by the England and Wales Family Court (EWFC) as a factor in the wife's financial remedy application.
Section
Published date
21/11/2022
The United Arab Emirates (UAE) government has issued a cabinet resolution that, for the first time, sets out rules to determine when a natural or legal person is to be considered a tax resident.
Section
Published date
21/11/2022
Spain's new ‘solidarity tax’ on wealth, announced at the end of September 2022, has now been introduced to parliament as an amendment to the non-government Bill on temporary taxes on the energy and finance industries.
Section
Published date
17/11/2022
Today's (17 November 2022) Autumn Statement from HM Treasury cuts the capital gains tax (CGT) annual exempt amount from GBP12,300 to GBP6,000 from April 2023, and to GBP3,000 from April 2024.
Section
Published date
17/11/2022
The Court of Appeal for Ontario has found that a bank did not fail in any duty to a customer when it did not advise a woman that she was no longer the beneficiary of her husband’s investment accounts.
Section
Published date
15/11/2022
HM Treasury's Office of Financial Sanctions Implementation (OFSI) has issued a general licence permitting individuals or entities designated under the Russia sanctions regime to pay legal advice bills up to GBP500,000.
Section
Published date
14/11/2022
A group of 22 jurisdictions have signed a multilateral agreement to exchange information with respect to income earned on digital platforms and 16 jurisdictions have signed an agreement supporting the OECD's model mandatory disclosure rules on Common Reporting Standard (CRS) avoidance arrangements and opaque offshore structures.
Section
Published date
14/11/2022
New Zealand's Ministry of Justice has announced proposals to amend the country's anti-money laundering (AML) regime, in particular relaxing some of the due-diligence rules for trusts.
Section
Published date
10/11/2022
The Law Commission of England and Wales (the Law Commission) has published new proposals to reform the system for recovering the proceeds of criminal activities, aimed at giving courts more powers to enforce confiscation orders and seize offenders' assets.
Section
Published date
10/11/2022