IRELAND: Ireland fails to implement three EU directives

Ireland has failed to implement three EU directives, prompting the European Commission to issue it with a letter of formal notice.

It has not implemented on the VAT fraud directive, the Emissions Trading System Directive nor the Common Charger Directive.

There are 26 member states which have not yet notified full transposition measures for 11 EU directives in the fields of justice, internal market and SMEs, taxation and customs, health, climate, home affairs, and financial services.

Member states concerned now have two months to reply to the letters of formal notice and complete their transposition, or the Commission may decide to issue an opinion.

15 March 2024

EU: European Commission to propose transferring €27 billion of profits from frozen Russian assets to Ukraine

EU leaders intend to take an important step towards confiscating €27 billion in profits from Russia’s sovereign assets frozen in Europe to provide military aid to Ukraine. The Guardian’s

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12 March 2024

UK: New tax regime for UK non-doms

In his Spring Budget, delivered on 6 March 2024, the Chancellor announced sweeping reforms to replace the current tax regime for UK resident, non-UK domiciled individuals with a system based purely

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16 February 2024

EUROPE: Shareholder activism on ESG lagging in Europe despite global increase

Almost 1,000 large businesses saw shareholders filing resolutions on ESG issues in 2023, a slight year-on-year increase globally. But European shareholders bucked this trend, exhibiting short-term thinking

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3 January 2025

ASIA: China Tightens Grip: New Regulations to Curb Risky Crypto Trades Among Banks

China’s stance on cryptocurrency has shifted significantly over the years, with the nation now hosting some of the world’s harshest regulations.Things are set to become even tougher for China-based

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