The Financial Conduct Authority (FCA) has published its assessment of sanctions systems and controls in financial services firms, alongside compliance good practice recommendations.

The US Internal Revenue Service (IRS) will establish a special unit to focus on large or complex pass-through entities such as partnerships and S-corporations that do not pay corporate income tax.

Two recent court cases in Canada have seen estate executors removed due to conflict of interest and fined for failing to carry out fiduciary duty.

The wife of Walid Abu-Zalaf has won her application to rescind a decree nisi granted in November 2013, pursuant to a divorce petition she issued herself after a marriage that had lasted for little more than a year.

Hong Kong and Bangladesh have signed a comprehensive double taxation arrangement (DTA), largely based on the OECD's 2017 Model Tax Convention on Income and Capital.

The 14 provincial and territorial bodies governing Canada's legal profession have filed a petition challenging the constitutionality of the new mandatory disclosure regime (MDR) for reportable and notifiable transactions.

The Upper Tax Tribunal has rejected HMRC's appeal for a narrow interpretation of the 'significant influence' exclusion in the limited liability partnership (LLP) salaried members' rules, in the case of HM Revenue & Customs v BlueCrest (2023 UKUT 00232 TCC).

The Costa Rican tax authority has issued a private letter ruling giving a general opinion on the taxation of crypto-assets.

Ireland's finance minister has published plans for the introduction of a corporation tax participation exemption for foreign-sourced dividends with effect from 2025. The exemption will be included in Finance Bill 2024, following a technical consultation that is open until 13 December 2023.

The Powers of Attorney Bill completed its parliamentary passage without amendment on 14 September 2023. It now awaits royal assent.