The Hong Kong Information Services Department confirmed the country’s commitment to implementing the Crypto-Asset Reporting Framework (CARF). This initiative aims to bolster international tax transparency and address cross-border tax evasion.
The Government plans to begin automatic exchanges with relevant jurisdictions under CARF starting in 2028.
Legislative amendments necessary for CARF implementation are expected to be in place by 2026.
The Post Office could be facing a £100 million bill and insolvency after claiming tax relief for its compensation payments to subpostmasters, according to a tax expert.Dan Neidle, the head of non-profit
Singapore is seeking to set clearer standards for how banks tackle illicit flows after a multi-billion dollar money laundering scandal rocked the city-state. While the country already has high standards
China’s securities regulator said on Wednesday it will tighten scrutiny of derivative businesses in the stock market, and announced punishment of a hedge fund company for excessive, high-frequency
The UK government will introduce legislation aimed at regulating ESG ratings providers in 2025, according to a speech Wednesday by Chancellor of the Exchequer Rachel Reeves, and confirmed today in a