ASIA: Race for new climate finance goal heats up: Push for China, UAE to join donor pool

Germany advocated expanding climate finance contributors to include wealthy, high-emission countries like China and Saudi Arabia, emphasizing the need for increased funds to support developing nations. The aim is to enhance the collective finance pool while maintaining leadership and responsibility among developed countries.

Discussions on the new target for climate finance to be provided to developing countries, replacing the 2009 goal of $100 billion, continue to be the focus in the run up to the Baku round of the UN climate talks. Germnay, among the top contributors of climate finance, is along with other developed countries pushing for expanding the group of countries that are obligated to provide developing countries with climate finance. 

26 April 2024

US: IRS Warns High-Net-Worth Individuals of Elaborate Schemes

The Internal Revenue Service has wrapped up its annual Dirty Dozen campaign, which it self-proclaims as “the worst of the worst” tax scams. The last few scams in the series leave a lot to be unpacked.

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31 January 2024

UK: Bitcoin “used to launder money in fraud scheme”, court hears

A woman in London is on trial for laundering crypto worth billions of dollars, stolen from Chinese investors.The UK’s National Crime Agency is expanding its capabilities to combat cryptocurrency fraud.The

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8 August 2024

US: Trump election win to spell chaos for ESG strategies

Investors will have to prepare for a complete overhaul of economic, social and governance (ESG) rules by the US government in the case of Donald Trump winning the election. That’s according to Panmure

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11 October 2024

GREECE: Greek Tax Authorities Say Over 215,000 Tax Evasion Complaints Recorded

The appodixi digital platform produced 28,910 complaints, of which 3,879 are anonymous, and 25,031 are eponymous An online digital platform launched by the Greek tax authorities called “appodixi”

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