As the 31 January 2023 deadline approaches for the registration of foreign ownership of UK property on the country’s register of overseas entities, it has been noted that overseas entities that register and then dispose of their property may never be able to get their beneficial ownership information removed from public display.

Brazil’s Law 14,478 of 2022 was published on December 22, 2022 in the Official Gazette (Diário Oficial da União). The law enacts increased regulation of the cryptocurrency market and adds penalties for non-compliance.

HMRC has issued three new guidance documents on the new obligation to register and maintain trust information on its Trust Registration Service (TRS).

The recent enactment of Germany's Sanctions Enforcement Act II means that foreign companies that already hold property in Germany must now report their beneficial ownership to the transparency register.

A plenary session of the European Parliament has voted to widen the scope of the European Commission's (EC’s) draft unshell directive.

A commencement date of 28 March 2023 has been set for the new rules requiring financial intermediaries to report arrangements to avoid international exchange of information under the OECD Common Reporting Standard (CRS), and other opaque offshore structures used to conceal beneficial ownership.

The King’s Bench for Saskatchewan (the King’s Bench) has examined its powers to remove executors of an estate, thus altering the “express wishes of a deceased person”.

A personal status law to administer the matrimonial and succession affairs of non-Muslim expatriate residents of every emirate in the United Arab Emirates (UAE) takes effect on 1 February 2023.

HM Treasury has begun consulting on proposals to replace the existing tax reliefs for research and development (R&D) with a single scheme.

The US Internal Revenue Service (IRS) has granted temporary relief to foreign financial institutions (FFIs) that have to report their US clients' taxpayer identification numbers (TINs) under the Foreign Account Compliance Act (FATCA).