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.

26 April 2024

US: Biden’s 44% Crypto Tax Plan Faces Fierce Opposition

President Joe Biden’s administration has presented a disputable idea to impose a 44% tax on cryptocurrency transactions. This policy, whose purpose is to bring more revenue into the government treasury,

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26 April 2024

REGULATION: Trial Commences for Panama Papers Money-Laundering Case

The trial of 27 individuals, including the founders of Mossack Fonseca, tied to the Panama Papers scandal commences in Panama. This trial will shed light on global financial deceit and spark a broader

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11 April 2025

NEW ZEALAND: Government to wind down Green Investment Finance

The Government has announced the New Zealand Green Investment Finance (NZGIF) will stop making new investments and will wind down its existing portfolio, Climate Change Minister Simon Watts says. “Almost

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19 April 2024

ASIA: Singapore faces competition from Thailand and Malaysia as regional hub for multinationals

While Singapore still holds advantages in location, language proficiency, and financial services, rising costs are prompting Japanese and European companies to consider relocating specific functions,

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